Dr. Hönle AG (HNL) — Defensive Interval Ratio

Latest as of June 2026: 170 days

Dr. Hönle AG (HNL) has a Defensive Interval Ratio of 170 days as of June 2026. Defensive assets of €14.00 Million (cash €-, short-term investments €-, receivables €14.00 Million) cover 170 days of daily cash needs of €82.56K/day.

Defensive Interval Ratio

170 days
Days of operational coverage

Defensive Assets

€14.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

€82.56K
Current Liabilities ÷ 365

Current Liabilities

€30.13 Million
EUR

Dr. Hönle AG Defensive Interval Ratio (2014–2025)

This chart shows how Dr. Hönle AG's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of June 2026, the ratio stands at 170 days, meaning defensive assets of €14.00 Million can fund 170 days of operations without new revenue. For the complete balance sheet picture, see Dr. Hönle AG balance sheet assets.

Annual Defensive Interval Ratio for Dr. Hönle AG (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Dr. Hönle AG from 2014 to 2025, covering 12 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 HNL working capital efficiency 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 170 days €13.81 Million €81.12K/day €- €- ▼ -3 days
2024 173 days €14.92 Million €86.03K/day €- €- ▼ -3 days
2023 177 days €15.62 Million €88.35K/day €- €- ▲ +36 days
2022 141 days €19.66 Million €139.78K/day €- €- ▼ -85 days
2021 225 days €17.06 Million €75.76K/day €- €- ▼ -22 days
2020 247 days €14.25 Million €57.72K/day €- €- ▼ -34 days
2019 281 days €18.20 Million €64.74K/day €- €- ▼ -64 days
2018 345 days €23.94 Million €69.45K/day €- €- ▼ -17 days
2017 362 days €19.21 Million €53.09K/day €- €199.00K ▲ +68 days
2016 294 days €14.09 Million €47.88K/day €- €- ▲ +6 days
2015 289 days €14.55 Million €50.45K/day €- €- ▲ +40 days
2014 249 days €13.09 Million €52.61K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)