ConvaTec Group PLC (CTEC) — Defensive Interval Ratio

Latest as of June 2025: 307 days

ConvaTec Group PLC (CTEC) has a Defensive Interval Ratio of 307 days as of June 2025. Defensive assets of GBX402.60 Million (cash GBX-, short-term investments GBX-, receivables GBX402.60 Million) cover 307 days of daily cash needs of GBX1.31 Million/day. See ConvaTec Group PLC (CTEC) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

307 days
Days of operational coverage

Defensive Assets

GBX402.60 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX1.31 Million
Current Liabilities ÷ 365

Current Liabilities

GBX478.80 Million
GBX

ConvaTec Group PLC Defensive Interval Ratio (2009–2024)

This chart shows how ConvaTec Group PLC's Defensive Interval Ratio has evolved across 16 annual periods from 2009 to 2024. As of June 2025, the ratio stands at 307 days, meaning defensive assets of GBX402.60 Million can fund 307 days of operations without new revenue. See ConvaTec Group PLC balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for ConvaTec Group PLC (2009–2024)

The table below presents the year-by-year Defensive Interval Ratio for ConvaTec Group PLC from 2009 to 2024, covering 16 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 ConvaTec Group PLC market cap and net worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 214 days GBX301.00 Million GBX1.40 Million/day GBX- GBX- ▲ +30 days
2023 184 days GBX270.50 Million GBX1.47 Million/day GBX- GBX700.00K ▼ -13 days
2022 197 days GBX287.10 Million GBX1.46 Million/day GBX- GBX2.00 Million ▲ +36 days
2021 161 days GBX250.60 Million GBX1.56 Million/day GBX- GBX- ▼ -14 days
2020 174 days GBX245.20 Million GBX1.41 Million/day GBX- GBX- ▼ -53 days
2019 227 days GBX247.10 Million GBX1.09 Million/day GBX- GBX- ▼ -44 days
2018 271 days GBX245.60 Million GBX906.58K/day GBX- GBX- ▼ -8 days
2017 279 days GBX258.30 Million GBX927.40K/day GBX- GBX1.90 Million ▼ -9 days
2016 287 days GBX236.30 Million GBX821.92K/day GBX- GBX2.60 Million ▼ -2 days
2015 290 days GBX226.70 Million GBX782.47K/day GBX- GBX2.90 Million ▲ +41 days
2014 249 days GBX235.20 Million GBX944.93K/day GBX- GBX500.00K ▼ -32 days
2013 281 days GBX297.50 Million GBX1.06 Million/day GBX- GBX2.00 Million ▼ -41 days
2012 321 days GBX287.40 Million GBX893.97K/day GBX- GBX2.30 Million ▼ -15 days
2011 336 days GBX242.90 Million GBX722.74K/day GBX- GBX1.80 Million ▼ -6 days
2010 342 days GBX235.80 Million GBX688.49K/day GBX- GBX- ▲ +88 days
2009 255 days GBX253.70 Million GBX995.34K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)