FORM.DE C.Y C.ADR 1/5/EO1 (FCC0) — Defensive Interval Ratio

Latest as of December 2025: 245 days

FORM.DE C.Y C.ADR 1/5/EO1 (FCC0) has a Defensive Interval Ratio of 245 days as of December 2025. Defensive assets of €3.25 Billion (cash €-, short-term investments €258.91 Million, receivables €2.99 Billion) cover 245 days of daily cash needs of €13.23 Million/day.

Defensive Interval Ratio

245 days
Days of operational coverage

Defensive Assets

€3.25 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€13.23 Million
Current Liabilities ÷ 365

Current Liabilities

€4.83 Billion
EUR

FORM.DE C.Y C.ADR 1/5/EO1 Defensive Interval Ratio (2021–2025)

This chart shows how FORM.DE C.Y C.ADR 1/5/EO1's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 245 days, meaning defensive assets of €3.25 Billion can fund 245 days of operations without new revenue. For the complete balance sheet picture, see FORM.DE C.Y C.ADR 1/5/EO1 (FCC0) total assets.

Annual Defensive Interval Ratio for FORM.DE C.Y C.ADR 1/5/EO1 (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for FORM.DE C.Y C.ADR 1/5/EO1 from 2021 to 2025, covering 5 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 FORM.DE C.Y C.ADR 1/5/EO1 (FCC0) liquidity to equity ratio 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)
2025 245 days €3.25 Billion €13.23 Million/day €- €258.91 Million ▼ -62 days
2024 308 days €2.97 Billion €9.67 Million/day €- €252.47 Million ▲ +40 days
2023 267 days €2.83 Billion €10.58 Million/day €- €255.29 Million ▲ +66 days
2022 201 days €2.37 Billion €11.77 Million/day €- €214.27 Million ▲ +22 days
2021 179 days €2.07 Billion €11.60 Million/day €- €121.12 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)