Knorr-Bremse AG (KBX) — Defensive Interval Ratio

Latest as of June 2025: 238 days

Knorr-Bremse AG (KBX) has a Defensive Interval Ratio of 238 days as of June 2025. Defensive assets of €1.70 Billion (cash €-, short-term investments €119.00 Million, receivables €1.58 Billion) cover 238 days of daily cash needs of €7.13 Million/day. See working capital position of Knorr-Bremse AG to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

238 days
Days of operational coverage

Defensive Assets

€1.70 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€7.13 Million
Current Liabilities ÷ 365

Current Liabilities

€2.60 Billion
EUR

Knorr-Bremse AG Defensive Interval Ratio (2014–2024)

This chart shows how Knorr-Bremse AG's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 238 days, meaning defensive assets of €1.70 Billion can fund 238 days of operations without new revenue. See Knorr-Bremse AG (KBX) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Knorr-Bremse AG (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Knorr-Bremse AG from 2014 to 2024, covering 11 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 KBX stock market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 162 days €1.47 Billion €9.08 Million/day €- €89.00 Million ▼ -53 days
2023 215 days €1.52 Billion €7.07 Million/day €- €160.86 Million ▲ +17 days
2022 198 days €1.45 Billion €7.30 Million/day €- €103.12 Million ▲ +23 days
2021 175 days €1.29 Billion €7.39 Million/day €- €63.82 Million ▲ +52 days
2020 123 days €1.18 Billion €9.57 Million/day €- €39.83 Million ▼ -87 days
2019 210 days €1.45 Billion €6.88 Million/day €- €62.56 Million ▼ -23 days
2018 234 days €1.52 Billion €6.49 Million/day €- €24.26 Million ▲ +11 days
2017 222 days €1.40 Billion €6.31 Million/day €- €12.52 Million ▲ +24 days
2016 198 days €967.98 Million €4.89 Million/day €- €6.42 Million ▲ +3 days
2015 195 days €939.77 Million €4.82 Million/day €- €11.00K ▼ -3 days
2014 198 days €891.64 Million €4.50 Million/day €- €16.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)