National Tyre & Wheel Limited (N37) — Defensive Interval Ratio
National Tyre & Wheel Limited (N37) has a Defensive Interval Ratio of 140 days as of June 2026. Defensive assets of €60.74 Million (cash €-, short-term investments €-, receivables €60.74 Million) cover 140 days of daily cash needs of €432.70K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
National Tyre & Wheel Limited Defensive Interval Ratio (2017–2026)
This chart shows how National Tyre & Wheel Limited's Defensive Interval Ratio has evolved across 10 annual periods from 2017 to 2026. As of June 2026, the ratio stands at 140 days, meaning defensive assets of €60.74 Million can fund 140 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of National Tyre & Wheel Limited.
Annual Defensive Interval Ratio for National Tyre & Wheel Limited (2017–2026)
The table below presents the year-by-year Defensive Interval Ratio for National Tyre & Wheel Limited from 2017 to 2026, covering 10 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 N37 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) |
|---|---|---|---|---|---|---|
| 2026 | 140 days | €60.74 Million | €432.70K/day | €- | €- | ▲ +9 days |
| 2025 | 132 days | €65.51 Million | €497.38K/day | €- | €- | ▼ -67 days |
| 2024 | 199 days | €75.06 Million | €377.86K/day | €- | €221.00K | ▼ -46 days |
| 2023 | 245 days | €77.37 Million | €316.13K/day | €- | €151.00K | ▼ -47 days |
| 2022 | 292 days | €98.43 Million | €337.12K/day | €- | €- | ▲ +48 days |
| 2021 | 244 days | €71.96 Million | €295.42K/day | €- | €140.00K | ▼ -8 days |
| 2020 | 252 days | €23.26 Million | €92.40K/day | €- | €- | ▼ -10 days |
| 2019 | 262 days | €24.89 Million | €94.95K/day | €- | €- | ▲ +30 days |
| 2018 | 232 days | €25.90 Million | €111.79K/day | €- | €- | ▼ -11 days |
| 2017 | 242 days | €19.84 Million | €81.84K/day | €- | €0.00 | — |