HARBOUR ENE.SP.ADR LS-50 (PQQ2) — Defensive Interval Ratio

Latest as of December 2025: 74 days

HARBOUR ENE.SP.ADR LS-50 (PQQ2) has a Defensive Interval Ratio of 74 days as of December 2025. Defensive assets of €801.00 Million (cash €-, short-term investments €25.00 Million, receivables €776.00 Million) cover 74 days of daily cash needs of €10.85 Million/day.

Defensive Interval Ratio

74 days
Days of operational coverage

Defensive Assets

€801.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

€10.85 Million
Current Liabilities ÷ 365

Current Liabilities

€3.96 Billion
EUR

HARBOUR ENE.SP.ADR LS-50 Defensive Interval Ratio (2021–2025)

This chart shows how HARBOUR ENE.SP.ADR LS-50's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 74 days, meaning defensive assets of €801.00 Million can fund 74 days of operations without new revenue. For the complete balance sheet picture, see how large is HARBOUR ENE.SP.ADR LS-50's balance sheet.

Annual Defensive Interval Ratio for HARBOUR ENE.SP.ADR LS-50 (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for HARBOUR ENE.SP.ADR LS-50 from 2021 to 2025, covering 5 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 HARBOUR ENE.SP.ADR LS-50 working capital to net assets 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)
2025 74 days €801.00 Million €10.85 Million/day €- €25.00 Million ▼ -6 days
2024 80 days €1.23 Billion €15.38 Million/day €- €25.00 Million ▲ +12 days
2023 67 days €372.00 Million €5.52 Million/day €- €- ▲ +32 days
2022 35 days €392.00 Million €11.22 Million/day €- €- ▲ +3 days
2021 32 days €364.00 Million €11.24 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)