ENEFIT GREEN AS (I6B) — Defensive Interval Ratio

Latest as of March 2023: 323 days

ENEFIT GREEN AS (I6B) has a Defensive Interval Ratio of 323 days as of March 2023. Defensive assets of €46.78 Million (cash €-, short-term investments €-, receivables €46.78 Million) cover 323 days of daily cash needs of €144.99K/day. Check I6B tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

323 days
Days of operational coverage

Defensive Assets

€46.78 Million
Cash + ST Investments + Receivables

Daily Cash Need

€144.99K
Current Liabilities ÷ 365

Current Liabilities

€52.92 Million
EUR

ENEFIT GREEN AS Defensive Interval Ratio (2019–2022)

This chart shows how ENEFIT GREEN AS's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of March 2023, the ratio stands at 323 days, meaning defensive assets of €46.78 Million can fund 323 days of operations without new revenue. Also explore ENEFIT GREEN AS equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for ENEFIT GREEN AS (2019–2022)

The table below presents the year-by-year Defensive Interval Ratio for ENEFIT GREEN AS from 2019 to 2022, 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. For live market cap and the full company financial profile, see I6B company net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 78 days €10.49 Million €134.65K/day €- €- ▼ -4 days
2021 81 days €9.80 Million €120.33K/day €- €- ▲ +12 days
2020 69 days €9.09 Million €130.82K/day €- €- ▼ -19 days
2019 89 days €14.63 Million €164.77K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)