Aquila European Renewables Income PLC (AERI) — Defensive Interval Ratio

Latest as of June 2023: 8 days

Aquila European Renewables Income PLC (AERI) has a Defensive Interval Ratio of 8 days as of June 2023. Defensive assets of €38.00K (cash €-, short-term investments €-, receivables €38.00K) cover 8 days of daily cash needs of €4.51K/day. Check AERI intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

8 days
Days of operational coverage

Defensive Assets

€38.00K
Cash + ST Investments + Receivables

Daily Cash Need

€4.51K
Current Liabilities ÷ 365

Current Liabilities

€1.65 Million
EUR

Aquila European Renewables Income PLC Defensive Interval Ratio (2020–2021)

This chart shows how Aquila European Renewables Income PLC's Defensive Interval Ratio has evolved across 2 annual periods from 2020 to 2021. As of June 2023, the ratio stands at 8 days, meaning defensive assets of €38.00K can fund 8 days of operations without new revenue. Also explore Aquila European Renewables Income PLC equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Aquila European Renewables Income PLC (2020–2021)

The table below presents the year-by-year Defensive Interval Ratio for Aquila European Renewables Income PLC from 2020 to 2021, covering 2 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 AERI market cap overview.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 1089 days €9.20 Million €8.45K/day €- €- ▲ +1036 days
2020 53 days €5.74 Million €109.19K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)