edding AG (EDD3) — Defensive Interval Ratio

Latest as of June 2023: 337 days

edding AG (EDD3) has a Defensive Interval Ratio of 337 days as of June 2023. Defensive assets of €30.70 Million (cash €-, short-term investments €-, receivables €30.70 Million) cover 337 days of daily cash needs of €91.23K/day. Check edding AG tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

337 days
Days of operational coverage

Defensive Assets

€30.70 Million
Cash + ST Investments + Receivables

Daily Cash Need

€91.23K
Current Liabilities ÷ 365

Current Liabilities

€33.30 Million
EUR

edding AG Defensive Interval Ratio (2014–2022)

This chart shows how edding AG's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 337 days, meaning defensive assets of €30.70 Million can fund 337 days of operations without new revenue. Also explore EDD3 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for edding AG (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for edding AG from 2014 to 2022, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see EDD3 company net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 256 days €26.09 Million €101.84K/day €- €- ▲ +31 days
2021 225 days €23.10 Million €102.71K/day €- €- ▼ -5 days
2020 230 days €21.27 Million €92.46K/day €- €- ▼ -40 days
2019 270 days €25.27 Million €93.45K/day €- €- ▼ -11 days
2018 281 days €24.00 Million €85.30K/day €- €62.00K ▼ -20 days
2017 301 days €23.78 Million €79.01K/day €- €214.00K ▼ -52 days
2016 353 days €23.93 Million €67.81K/day €- €247.00K ▲ +51 days
2015 302 days €22.54 Million €74.61K/day €- €160.00K ▼ -10 days
2014 312 days €22.52 Million €72.09K/day €- €496.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)