Lechwerke AG (LEC) — Defensive Interval Ratio

Latest as of December 2024: 17 days

Lechwerke AG (LEC) has a Defensive Interval Ratio of 17 days as of December 2024. Defensive assets of €54.60 Million (cash €-, short-term investments €-, receivables €54.60 Million) cover 17 days of daily cash needs of €3.18 Million/day. Check LEC tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

17 days
Days of operational coverage

Defensive Assets

€54.60 Million
Cash + ST Investments + Receivables

Daily Cash Need

€3.18 Million
Current Liabilities ÷ 365

Current Liabilities

€1.16 Billion
EUR

Lechwerke AG Defensive Interval Ratio (2013–2024)

This chart shows how Lechwerke AG's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of December 2024, the ratio stands at 17 days, meaning defensive assets of €54.60 Million can fund 17 days of operations without new revenue. Also explore LEC net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Lechwerke AG (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Lechwerke AG from 2013 to 2024, 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. For live market cap and the full company financial profile, see Lechwerke AG (LEC) market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 17 days €54.60 Million €3.18 Million/day €- €- ▲ +1 days
2023 16 days €55.09 Million €3.35 Million/day €- €- ▼ -20 days
2022 36 days €115.28 Million €3.16 Million/day €- €- ▼ -13 days
2021 50 days €154.21 Million €3.11 Million/day €- €- ▲ +23 days
2020 27 days €78.30 Million €2.91 Million/day €- €- ▼ -379 days
2019 406 days €127.08 Million €312.82K/day €- €- ▲ +374 days
2018 33 days €112.92 Million €3.46 Million/day €- €- ▲ +12 days
2017 21 days €66.75 Million €3.16 Million/day €- €- ▼ -9 days
2016 30 days €90.70 Million €3.05 Million/day €- €- ▼ -39 days
2015 69 days €190.60 Million €2.78 Million/day €- €- ▲ +0 days
2014 68 days €178.42 Million €2.61 Million/day €- €- ▼ -734 days
2013 802 days €868.42 Million €1.08 Million/day €- €510.83 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)