Valora Effekten Handel AG (VEH) — Defensive Interval Ratio

Latest as of December 2025: 2513 days

Valora Effekten Handel AG (VEH) has a Defensive Interval Ratio of 2513 days as of December 2025. Defensive assets of €1.00 Million (cash €-, short-term investments €900.47K, receivables €104.30K) cover 2513 days of daily cash needs of €399.87/day.

Defensive Interval Ratio

2513 days
Days of operational coverage

Defensive Assets

€1.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

€399.87
Current Liabilities ÷ 365

Current Liabilities

€145.95K
EUR

Valora Effekten Handel AG Defensive Interval Ratio (2013–2025)

This chart shows how Valora Effekten Handel AG's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 2513 days, meaning defensive assets of €1.00 Million can fund 2513 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Valora Effekten Handel AG.

Annual Defensive Interval Ratio for Valora Effekten Handel AG (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Valora Effekten Handel AG from 2013 to 2025, covering 13 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 VEH working capital efficiency 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 2513 days €1.00 Million €399.87/day €- €900.47K ▼ -2100 days
2024 4613 days €1.10 Million €237.99/day €- €1.08 Million ▼ -9978 days
2023 14591 days €1.33 Million €91.48/day €- €1.33 Million ▲ +8191 days
2022 6400 days €1.42 Million €222.28/day €- €1.38 Million ▼ -828 days
2021 7228 days €1.71 Million €236.21/day €- €1.64 Million ▲ +2496 days
2020 4732 days €1.62 Million €342.47/day €- €1.58 Million ▼ -6916 days
2019 11648 days €1.84 Million €157.54/day €- €1.39 Million ▲ +7836 days
2018 3812 days €1.84 Million €483.74/day €- €1.35 Million ▲ +430 days
2017 3382 days €2.66 Million €787.72/day €- €1.49 Million ▲ +911 days
2016 2471 days €1.27 Million €514.91/day €- €- ▼ -1464 days
2015 3936 days €1.06 Million €268.08/day €- €- ▼ -2569 days
2014 6505 days €1.56 Million €239.18/day €- €- ▼ -5051 days
2013 11556 days €1.59 Million €137.76/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)