ICAPE HOLDING EO -40 (Z8J) — Defensive Interval Ratio

Latest as of December 2025: 181 days

ICAPE HOLDING EO -40 (Z8J) has a Defensive Interval Ratio of 181 days as of December 2025. Defensive assets of €39.84 Million (cash €-, short-term investments €1.00K, receivables €39.84 Million) cover 181 days of daily cash needs of €220.32K/day.

Defensive Interval Ratio

181 days
Days of operational coverage

Defensive Assets

€39.84 Million
Cash + ST Investments + Receivables

Daily Cash Need

€220.32K
Current Liabilities ÷ 365

Current Liabilities

€80.42 Million
EUR

ICAPE HOLDING EO -40 Defensive Interval Ratio (2021–2025)

This chart shows how ICAPE HOLDING EO -40's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 181 days, meaning defensive assets of €39.84 Million can fund 181 days of operations without new revenue. For the complete balance sheet picture, see total assets of ICAPE HOLDING EO -40.

Annual Defensive Interval Ratio for ICAPE HOLDING EO -40 (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for ICAPE HOLDING EO -40 from 2021 to 2025, 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. See ICAPE HOLDING EO -40 working capital to net assets 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 181 days €39.84 Million €220.32K/day €- €1.00K ▲ +13 days
2024 168 days €37.69 Million €224.54K/day €- €1.00K ▲ +5 days
2023 163 days €35.05 Million €214.84K/day €- €1.00K ▲ +15 days
2022 148 days €37.17 Million €251.19K/day €- €1.00K ▼ -16 days
2021 164 days €38.84 Million €237.43K/day €- €21.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)