TUGA INNOVATIONS INC. (DQ5) — Defensive Interval Ratio

Latest as of April 2025: 4 days

TUGA INNOVATIONS INC. (DQ5) has a Defensive Interval Ratio of 4 days as of April 2025. Defensive assets of €18.32K (cash €-, short-term investments €-, receivables €18.32K) cover 4 days of daily cash needs of €4.98K/day.

Defensive Interval Ratio

4 days
Days of operational coverage

Defensive Assets

€18.32K
Cash + ST Investments + Receivables

Daily Cash Need

€4.98K
Current Liabilities ÷ 365

Current Liabilities

€1.82 Million
EUR

TUGA INNOVATIONS INC. Defensive Interval Ratio (2021–2024)

This chart shows how TUGA INNOVATIONS INC.'s Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of April 2025, the ratio stands at 4 days, meaning defensive assets of €18.32K can fund 4 days of operations without new revenue. For the complete balance sheet picture, see how large is TUGA INNOVATIONS INC.'s balance sheet.

Annual Defensive Interval Ratio for TUGA INNOVATIONS INC. (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for TUGA INNOVATIONS INC. from 2021 to 2024, covering 4 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See how liquid is TUGA INNOVATIONS INC.'s working capital to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 5 days €19.48K €4.06K/day €- €- ▼ -23 days
2023 28 days €71.49K €2.56K/day €- €- ▼ -171 days
2022 199 days €77.21K €388.07/day €- €- ▲ +175 days
2021 24 days €7.42K €312.33/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)