Vantage Towers AG (VTWR) — Defensive Interval Ratio

Latest as of March 2023: 2 days

Vantage Towers AG (VTWR) has a Defensive Interval Ratio of 2 days as of March 2023. Defensive assets of €17.30 Million (cash €-, short-term investments €-, receivables €17.30 Million) cover 2 days of daily cash needs of €8.49 Million/day. See VTWR working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

€17.30 Million
Cash + ST Investments + Receivables

Daily Cash Need

€8.49 Million
Current Liabilities ÷ 365

Current Liabilities

€3.10 Billion
EUR

Vantage Towers AG Defensive Interval Ratio (2021–2023)

This chart shows how Vantage Towers AG's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of March 2023, the ratio stands at 2 days, meaning defensive assets of €17.30 Million can fund 2 days of operations without new revenue. See Vantage Towers AG net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Vantage Towers AG (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for Vantage Towers AG from 2021 to 2023, covering 3 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 cap of Vantage Towers AG.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 2 days €17.30 Million €8.49 Million/day €- €- ▼ -4 days
2022 6 days €12.60 Million €2.01 Million/day €- €- ▲ +2 days
2021 4 days €6.80 Million €1.66 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)