United Bankers Oyj (UNITED) — Defensive Interval Ratio

Latest as of December 2023: 2995555 days

United Bankers Oyj (UNITED) has a Defensive Interval Ratio of 2995555 days as of December 2023. Defensive assets of €8.21 Million (cash €0.00, short-term investments €-, receivables €8.21 Million) cover 2995555 days of daily cash needs of €2.74/day. Check United Bankers Oyj tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2995555 days
Days of operational coverage

Defensive Assets

€8.21 Million
Cash + ST Investments + Receivables

Daily Cash Need

€2.74
Current Liabilities ÷ 365

Current Liabilities

€1.00K
EUR

United Bankers Oyj Defensive Interval Ratio (2017–2023)

This chart shows how United Bankers Oyj's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of December 2023, the ratio stands at 2995555 days, meaning defensive assets of €8.21 Million can fund 2995555 days of operations without new revenue. Also explore United Bankers Oyj (UNITED) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for United Bankers Oyj (2017–2023)

The table below presents the year-by-year Defensive Interval Ratio for United Bankers Oyj from 2017 to 2023, 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 United Bankers Oyj market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 2995555 days €8.21 Million €2.74/day €0.00 €- ▲ +223380 days
2022 2772175 days €7.59 Million €2.74/day €0.00 €- ▲ +71358 days
2021 2700818 days €14.80 Million €5.48/day €0.00 €- ▲ +2054281 days
2020 646537 days €5.31 Million €8.22/day €0.00 €- ▲ +645069 days
2019 1468 days €24.99 Million €17.02K/day €- €- ▼ -447 days
2018 1915 days €16.15 Million €8.43K/day €- €- ▲ +506 days
2017 1409 days €9.04 Million €6.41K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)