National Tyre & Wheel Limited (N37) — Defensive Interval Ratio

Latest as of June 2025: 132 days

National Tyre & Wheel Limited (N37) has a Defensive Interval Ratio of 132 days as of June 2025. Defensive assets of €65.51 Million (cash €-, short-term investments €-, receivables €65.51 Million) cover 132 days of daily cash needs of €497.38K/day. Check N37 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

132 days
Days of operational coverage

Defensive Assets

€65.51 Million
Cash + ST Investments + Receivables

Daily Cash Need

€497.38K
Current Liabilities ÷ 365

Current Liabilities

€181.54 Million
EUR

National Tyre & Wheel Limited Defensive Interval Ratio (2017–2025)

This chart shows how National Tyre & Wheel Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2025, the ratio stands at 132 days, meaning defensive assets of €65.51 Million can fund 132 days of operations without new revenue. Also explore National Tyre & Wheel Limited net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for National Tyre & Wheel Limited (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for National Tyre & Wheel Limited from 2017 to 2025, covering 9 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 N37 market cap.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (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
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)