SynBiotic SE (SBX) — Defensive Interval Ratio

Latest as of December 2022: 151 days

SynBiotic SE (SBX) has a Defensive Interval Ratio of 151 days as of December 2022. Defensive assets of €2.37 Million (cash €-, short-term investments €2.07 Million, receivables €305.89K) cover 151 days of daily cash needs of €15.73K/day. Check tangible net worth ratio of SynBiotic SE to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

151 days
Days of operational coverage

Defensive Assets

€2.37 Million
Cash + ST Investments + Receivables

Daily Cash Need

€15.73K
Current Liabilities ÷ 365

Current Liabilities

€5.74 Million
EUR

SynBiotic SE Defensive Interval Ratio (2020–2024)

This chart shows how SynBiotic SE's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of December 2022, the ratio stands at 151 days, meaning defensive assets of €2.37 Million can fund 151 days of operations without new revenue. Also explore SBX net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for SynBiotic SE (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for SynBiotic SE from 2020 to 2024, 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. For live market cap and the full company financial profile, see market cap of SynBiotic SE.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 70 days €2.96 Million €42.34K/day €- €1.98 Million ▼ -75 days
2023 145 days €3.19 Million €21.97K/day €- €2.71 Million ▼ -6 days
2022 151 days €2.37 Million €15.73K/day €- €2.07 Million ▼ -52 days
2021 203 days €2.76 Million €13.63K/day €- €2.04 Million ▲ +166 days
2020 37 days €935.28K €25.23K/day €- €52.14K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)