Varengold Bank AG (VG8) — Defensive Interval Ratio

Latest as of June 2022: 83 days

Varengold Bank AG (VG8) has a Defensive Interval Ratio of 83 days as of June 2022. Defensive assets of €367.35 Million (cash €-, short-term investments €-, receivables €367.35 Million) cover 83 days of daily cash needs of €4.43 Million/day. See Varengold Bank AG (VG8) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

83 days
Days of operational coverage

Defensive Assets

€367.35 Million
Cash + ST Investments + Receivables

Daily Cash Need

€4.43 Million
Current Liabilities ÷ 365

Current Liabilities

€1.62 Billion
EUR

Varengold Bank AG Defensive Interval Ratio (2013–2021)

This chart shows how Varengold Bank AG's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2022, the ratio stands at 83 days, meaning defensive assets of €367.35 Million can fund 83 days of operations without new revenue. See Varengold Bank AG (VG8) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Varengold Bank AG (2013–2021)

The table below presents the year-by-year Defensive Interval Ratio for Varengold Bank AG from 2013 to 2021, covering 9 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 Varengold Bank AG (VG8) market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 87 days €314.78 Million €3.64 Million/day €- €- ▼ -90 days
2020 176 days €423.91 Million €2.40 Million/day €- €- ▲ +15 days
2019 162 days €295.15 Million €1.82 Million/day €- €- ▼ -47 days
2018 209 days €280.56 Million €1.34 Million/day €- €- ▼ -30 days
2017 239 days €275.92 Million €1.15 Million/day €- €- ▲ +183 days
2016 56 days €91.56 Million €1.63 Million/day €- €- ▲ +23 days
2015 33 days €53.68 Million €1.63 Million/day €- €- ▼ -70 days
2014 103 days €94.38 Million €920.46K/day €- €- ▼ -54 days
2013 156 days €18.57 Million €118.97K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)