Spinnova Oy (SPINN) — Defensive Interval Ratio

Latest as of June 2025: 4711 days

Spinnova Oy (SPINN) has a Defensive Interval Ratio of 4711 days as of June 2025. Defensive assets of €42.98 Million (cash €2.15 Million, short-term investments €39.41 Million, receivables €1.42 Million) cover 4711 days of daily cash needs of €9.12K/day. Check Spinnova Oy tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

4711 days
Days of operational coverage

Defensive Assets

€42.98 Million
Cash + ST Investments + Receivables

Daily Cash Need

€9.12K
Current Liabilities ÷ 365

Current Liabilities

€3.33 Million
EUR

Spinnova Oy Defensive Interval Ratio (2018–2024)

This chart shows how Spinnova Oy's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2025, the ratio stands at 4711 days, meaning defensive assets of €42.98 Million can fund 4711 days of operations without new revenue. Also explore SPINN net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Spinnova Oy (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Spinnova Oy from 2018 to 2024, covering 7 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 Spinnova Oy (SPINN) market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 2938 days €48.91 Million €16.65K/day €1.98 Million €45.26 Million ▼ -1299 days
2023 4237 days €64.74 Million €15.28K/day €15.17 Million €46.28 Million ▲ +1040 days
2022 3197 days €89.16 Million €27.89K/day €33.22 Million €49.49 Million ▼ -7090 days
2021 10288 days €107.61 Million €10.46K/day €7.32 Million €99.72 Million ▲ +9575 days
2020 713 days €9.36 Million €13.13K/day €8.12 Million €- ▲ +550 days
2019 163 days €621.00K €3.82K/day €- €- ▲ +112 days
2018 51 days €211.00K €4.14K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)