Tradegate AG Wertpapierhandelsbank (T2G) — Defensive Interval Ratio

Latest as of June 2023: 373 days

Tradegate AG Wertpapierhandelsbank (T2G) has a Defensive Interval Ratio of 373 days as of June 2023. Defensive assets of €143.84 Million (cash €-, short-term investments €-, receivables €143.84 Million) cover 373 days of daily cash needs of €386.01K/day.

Defensive Interval Ratio

373 days
Days of operational coverage

Defensive Assets

€143.84 Million
Cash + ST Investments + Receivables

Daily Cash Need

€386.01K
Current Liabilities ÷ 365

Current Liabilities

€140.89 Million
EUR

Tradegate AG Wertpapierhandelsbank Defensive Interval Ratio (2013–2022)

This chart shows how Tradegate AG Wertpapierhandelsbank's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 373 days, meaning defensive assets of €143.84 Million can fund 373 days of operations without new revenue. For the complete balance sheet picture, see Tradegate AG Wertpapierhandelsbank balance sheet assets.

Annual Defensive Interval Ratio for Tradegate AG Wertpapierhandelsbank (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Tradegate AG Wertpapierhandelsbank from 2013 to 2022, covering 10 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 T2G current assets to equity ratio 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)
2022 669 days €184.17 Million €275.13K/day €- €- ▼ -300 days
2021 969 days €294.52 Million €303.90K/day €- €- ▲ +220 days
2020 749 days €234.45 Million €313.15K/day €- €- ▲ +301 days
2019 448 days €114.76 Million €256.29K/day €- €- ▲ +4 days
2018 444 days €105.81 Million €238.36K/day €- €- ▲ +4 days
2017 439 days €101.72 Million €231.49K/day €- €- ▼ -68 days
2016 508 days €101.73 Million €200.30K/day €- €- ▼ -251 days
2015 759 days €68.10 Million €89.76K/day €- €- ▼ -1446 days
2014 2204 days €46.33 Million €21.02K/day €- €- ▼ -12 days
2013 2216 days €40.32 Million €18.19K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)