Global PVQ SE (QCE) — Defensive Interval Ratio

Latest as of December 2011: 107 days

Global PVQ SE (QCE) has a Defensive Interval Ratio of 107 days as of December 2011. Defensive assets of €172.30 Million (cash €-, short-term investments €6.70 Million, receivables €165.60 Million) cover 107 days of daily cash needs of €1.62 Million/day. Check QCE tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

107 days
Days of operational coverage

Defensive Assets

€172.30 Million
Cash + ST Investments + Receivables

Daily Cash Need

€1.62 Million
Current Liabilities ÷ 365

Current Liabilities

€589.70 Million
EUR

Global PVQ SE Defensive Interval Ratio (2008–2011)

This chart shows how Global PVQ SE's Defensive Interval Ratio has evolved across 4 annual periods from 2008 to 2011. As of December 2011, the ratio stands at 107 days, meaning defensive assets of €172.30 Million can fund 107 days of operations without new revenue. Also explore QCE net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Global PVQ SE (2008–2011)

The table below presents the year-by-year Defensive Interval Ratio for Global PVQ SE from 2008 to 2011, covering 4 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 market value of Global PVQ SE.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2011 107 days €172.30 Million €1.62 Million/day €- €6.70 Million ▼ -85 days
2010 192 days €250.10 Million €1.30 Million/day €- €9.80 Million ▼ -15 days
2009 207 days €292.60 Million €1.41 Million/day €- €8.90 Million ▼ -108 days
2008 315 days €334.10 Million €1.06 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)