msg life ag (MSGL) — Defensive Interval Ratio

Latest as of December 2016: 604 days

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. See working capital position of msg life ag to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

604 days
Days of operational coverage

Defensive Assets

€35.75 Million
Cash + ST Investments + Receivables

Daily Cash Need

€59.24K
Current Liabilities ÷ 365

Current Liabilities

€21.62 Million
EUR

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. See MSGL equity financing ratio to measure how much of total assets are equity-financed.

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. For live market cap and the full company financial profile, see msg life ag (MSGL) total market value.

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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)