Northeast Electric Development Company Limited (NE4H) — Defensive Interval Ratio

Latest as of December 2024: 39 days

Northeast Electric Development Company Limited (NE4H) has a Defensive Interval Ratio of 39 days as of December 2024. Defensive assets of €34.82 Million (cash €-, short-term investments €-, receivables €34.82 Million) cover 39 days of daily cash needs of €892.66K/day. Check tangible net worth ratio of Northeast Electric Development Company L to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

39 days
Days of operational coverage

Defensive Assets

€34.82 Million
Cash + ST Investments + Receivables

Daily Cash Need

€892.66K
Current Liabilities ÷ 365

Current Liabilities

€325.82 Million
EUR

Northeast Electric Development Company Limited Defensive Interval Ratio (2013–2024)

This chart shows how Northeast Electric Development Company Limited's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of December 2024, the ratio stands at 39 days, meaning defensive assets of €34.82 Million can fund 39 days of operations without new revenue. Also explore Northeast Electric Development Company L annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Northeast Electric Development Company Limited (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Northeast Electric Development Company Limited 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 how much is Northeast Electric Development Company L worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 39 days €34.82 Million €892.66K/day €- €- ▼ -5 days
2023 44 days €38.33 Million €861.41K/day €- €- ▼ -22 days
2022 66 days €55.70 Million €838.48K/day €- €- ▼ -7 days
2021 73 days €58.56 Million €798.83K/day €- €- ▲ +22 days
2020 51 days €32.29 Million €629.17K/day €- €- ▲ +27 days
2019 25 days €27.90 Million €1.14 Million/day €- €- ▲ +2 days
2018 23 days €24.84 Million €1.10 Million/day €- €- ▼ -66 days
2017 88 days €95.30 Million €1.08 Million/day €- €- ▼ -536 days
2016 624 days €209.72 Million €335.95K/day €- €- ▲ +206 days
2015 418 days €143.18 Million €342.15K/day €- €- ▲ +57 days
2014 361 days €133.83 Million €370.57K/day €- €- ▼ -33 days
2013 394 days €131.51 Million €333.63K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)