Mandatum Oyj (MANTA) — Defensive Interval Ratio

Latest as of December 2023: 1825 days

Mandatum Oyj (MANTA) has a Defensive Interval Ratio of 1825 days as of December 2023. Defensive assets of €738.40 Million (cash €738.40 Million, short-term investments €-, receivables €-) cover 1825 days of daily cash needs of €404.66K/day. Check MANTA tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1825 days
Days of operational coverage

Defensive Assets

€738.40 Million
Cash + ST Investments + Receivables

Daily Cash Need

€404.66K
Current Liabilities ÷ 365

Current Liabilities

€147.70 Million
EUR

Mandatum Oyj Defensive Interval Ratio (2021–2023)

This chart shows how Mandatum Oyj's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of December 2023, the ratio stands at 1825 days, meaning defensive assets of €738.40 Million can fund 1825 days of operations without new revenue. Also explore MANTA year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mandatum Oyj (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for Mandatum Oyj from 2021 to 2023, covering 3 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 MANTA market cap.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 1825 days €738.40 Million €404.66K/day €738.40 Million €- ▼ -40 days
2022 1865 days €724.60 Million €388.49K/day €724.60 Million €- ▲ +1862 days
2021 3 days €25.80 Million €9.40 Million/day €- €25.80 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)