KAP AG (IUR) — Defensive Interval Ratio

Latest as of December 2025: 78 days

KAP AG (IUR) has a Defensive Interval Ratio of 78 days as of December 2025. Defensive assets of €27.89 Million (cash €-, short-term investments €6.47 Million, receivables €21.42 Million) cover 78 days of daily cash needs of €359.72K/day.

Defensive Interval Ratio

78 days
Days of operational coverage

Defensive Assets

€27.89 Million
Cash + ST Investments + Receivables

Daily Cash Need

€359.72K
Current Liabilities ÷ 365

Current Liabilities

€131.30 Million
EUR

KAP AG Defensive Interval Ratio (2013–2025)

This chart shows how KAP AG's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 78 days, meaning defensive assets of €27.89 Million can fund 78 days of operations without new revenue. For the complete balance sheet picture, see KAP AG asset portfolio.

Annual Defensive Interval Ratio for KAP AG (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for KAP AG from 2013 to 2025, covering 13 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 IUR net working capital 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 78 days €27.89 Million €359.72K/day €- €6.47 Million ▼ -84 days
2024 161 days €33.50 Million €207.83K/day €- €6.97 Million ▼ -34 days
2023 195 days €40.39 Million €207.21K/day €- €8.97 Million ▲ +51 days
2022 144 days €45.92 Million €319.68K/day €- €- ▲ +16 days
2021 128 days €38.44 Million €300.12K/day €- €- ▼ -84 days
2020 212 days €43.35 Million €204.86K/day €- €- ▼ -72 days
2019 284 days €61.32 Million €215.94K/day €- €- ▲ +21 days
2018 263 days €65.64 Million €249.74K/day €- €- ▲ +65 days
2017 198 days €66.69 Million €337.21K/day €- €- ▼ -41 days
2016 239 days €77.43 Million €324.58K/day €- €18.62 Million ▼ -37 days
2015 276 days €89.66 Million €324.87K/day €- €34.19 Million ▼ -49 days
2014 325 days €96.55 Million €297.29K/day €- €43.73 Million ▲ +18 days
2013 307 days €110.34 Million €359.63K/day €- €42.04 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)