msg life ag (MSGL) — Defensive Interval Ratio
msg life ag (MSGL) has a Defensive Interval Ratio of 604 days as of December 2016. Defensive assets of €35.75 Million (cash €-, short-term investments €-, receivables €35.75 Million) cover 604 days of daily cash needs of €59.24K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
msg life ag Defensive Interval Ratio (2014–2023)
This chart shows how msg life ag's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of December 2016, the ratio stands at 604 days, meaning defensive assets of €35.75 Million can fund 604 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of msg life ag.
Annual Defensive Interval Ratio for msg life ag (2014–2023)
The table below presents the year-by-year Defensive Interval Ratio for msg life ag from 2014 to 2023, covering 10 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 how liquid is msg life ag's working capital 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) |
|---|---|---|---|---|---|---|
| 2023 | 1849 days | €75.95 Million | €41.08K/day | €- | €25.32 Million | ▲ +993 days |
| 2022 | 856 days | €67.99 Million | €79.40K/day | €- | €26.73 Million | ▲ +28 days |
| 2021 | 828 days | €61.70 Million | €74.52K/day | €- | €23.40 Million | ▲ +156 days |
| 2020 | 672 days | €45.73 Million | €68.10K/day | €- | €11.01 Million | ▼ -114 days |
| 2019 | 786 days | €50.51 Million | €64.25K/day | €- | €5.70 Million | ▲ +233 days |
| 2018 | 553 days | €38.47 Million | €69.58K/day | €- | €5.84 Million | ▲ +1 days |
| 2017 | 552 days | €36.06 Million | €65.35K/day | €- | €3.37 Million | ▼ -116 days |
| 2016 | 668 days | €39.56 Million | €59.24K/day | €- | €3.80 Million | ▲ +209 days |
| 2015 | 459 days | €26.87 Million | €58.60K/day | €- | €- | ▲ +74 days |
| 2014 | 384 days | €25.24 Million | €65.68K/day | €- | €983.00 | — |