Ming Le Sports AG (ML2) — Defensive Interval Ratio
Ming Le Sports AG (ML2) has a Defensive Interval Ratio of 21366 days as of December 2024. Defensive assets of €256.42K (cash €-, short-term investments €256.42K, receivables €-) cover 21366 days of daily cash needs of €12.00/day. Check how tangible is Ming Le Sports AG's equity to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ming Le Sports AG Defensive Interval Ratio (2017–2024)
This chart shows how Ming Le Sports AG's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 21366 days, meaning defensive assets of €256.42K can fund 21366 days of operations without new revenue. Also explore net asset momentum of Ming Le Sports AG to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Ming Le Sports AG (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for Ming Le Sports AG from 2017 to 2024, covering 8 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 Ming Le Sports AG stock valuation.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 21366 days | €256.42K | €12.00/day | €- | €256.42K | ▼ -31295 days |
| 2023 | 52661 days | €1.04 Million | €19.84/day | €- | €1.04 Million | ▲ +42678 days |
| 2022 | 9984 days | €1.26 Million | €126.51/day | €- | €1.26 Million | ▼ -9893 days |
| 2021 | 19877 days | €1.89 Million | €95.05/day | €- | €1.84 Million | ▲ +16147 days |
| 2020 | 3730 days | €603.30K | €161.76/day | €- | €601.30K | ▲ +451 days |
| 2019 | 3279 days | €1.61 Million | €490.12/day | €- | €1.61 Million | ▼ -1760 days |
| 2018 | 5039 days | €1.63 Million | €323.87/day | €- | €1.63 Million | ▲ +3137 days |
| 2017 | 1902 days | €815.09K | €428.61/day | €- | €521.85K | — |