ZhongDe Waste Technology AG (ZEF) — Defensive Interval Ratio

Latest as of June 2018: 2632 days

ZhongDe Waste Technology AG (ZEF) has a Defensive Interval Ratio of 2632 days as of June 2018. Defensive assets of €131.54 Million (cash €-, short-term investments €-, receivables €131.54 Million) cover 2632 days of daily cash needs of €49.98K/day. Check how tangible is ZhongDe Waste Technology AG's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2632 days
Days of operational coverage

Defensive Assets

€131.54 Million
Cash + ST Investments + Receivables

Daily Cash Need

€49.98K
Current Liabilities ÷ 365

Current Liabilities

€18.24 Million
EUR

ZhongDe Waste Technology AG Defensive Interval Ratio (2012–2016)

This chart shows how ZhongDe Waste Technology AG's Defensive Interval Ratio has evolved across 5 annual periods from 2012 to 2016. As of June 2018, the ratio stands at 2632 days, meaning defensive assets of €131.54 Million can fund 2632 days of operations without new revenue. Also explore ZEF net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for ZhongDe Waste Technology AG (2012–2016)

The table below presents the year-by-year Defensive Interval Ratio for ZhongDe Waste Technology AG from 2012 to 2016, 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. For live market cap and the full company financial profile, see ZhongDe Waste Technology AG stock valuation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2016 294 days €21.10 Million €71.70K/day €- €16.39 Million ▲ +262 days
2015 32 days €8.77 Million €270.78K/day €- €- ▼ -29 days
2014 62 days €11.88 Million €192.51K/day €- €- ▼ -34 days
2013 96 days €15.46 Million €161.25K/day €- €- ▲ +56 days
2012 40 days €4.16 Million €104.85K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)