Beta Systems Software AG (SPT6) — Defensive Interval Ratio

Latest as of June 2022: 41 days

Beta Systems Software AG (SPT6) has a Defensive Interval Ratio of 41 days as of June 2022. Defensive assets of €666.00K (cash €-, short-term investments €-, receivables €666.00K) cover 41 days of daily cash needs of €16.15K/day.

Defensive Interval Ratio

41 days
Days of operational coverage

Defensive Assets

€666.00K
Cash + ST Investments + Receivables

Daily Cash Need

€16.15K
Current Liabilities ÷ 365

Current Liabilities

€5.89 Million
EUR

Beta Systems Software AG Defensive Interval Ratio (2013–2020)

This chart shows how Beta Systems Software AG's Defensive Interval Ratio has evolved across 8 annual periods from 2013 to 2020. As of June 2022, the ratio stands at 41 days, meaning defensive assets of €666.00K can fund 41 days of operations without new revenue. For the complete balance sheet picture, see SPT6 current and non-current assets.

Annual Defensive Interval Ratio for Beta Systems Software AG (2013–2020)

The table below presents the year-by-year Defensive Interval Ratio for Beta Systems Software AG from 2013 to 2020, covering 8 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 how liquid is Beta Systems Software AG's working capital 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)
2020 47 days €2.19 Million €47.04K/day €- €- ▼ -160 days
2019 207 days €3.10 Million €14.97K/day €- €3.10 Million ▲ +141 days
2018 66 days €4.14 Million €62.87K/day €- €3.47 Million ▼ -14787 days
2017 14853 days €7.80 Million €524.95/day €- €7.32 Million ▲ +13850 days
2016 1004 days €15.75 Million €15.69K/day €- €15.11 Million ▼ -24800 days
2015 25804 days €24.20 Million €937.86/day €- €24.19 Million ▲ +10749 days
2014 15055 days €15.99 Million €1.06K/day €- €15.98 Million ▼ -26911 days
2013 41966 days €20.46 Million €487.45/day €- €19.05 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)