General de Galerias Comerciales SOCIMI S.A. Defensive Interval Ratio

Latest as of December 2022: 491 days

General de Galerias Comerciales SOCIMI S.A. defensive interval ratio. General de Galerias Comerciales SOCIMI S.A. (GGC) has a Defensive Interval Ratio of 491 days as of December 2022. Defensive assets of €109.59 Million (cash €-, short-term investments €97.40 Million, receivables €12.19 Million) cover 491 days of daily cash needs of €223.03K/day. See General de Galerias Comerciales SOCIMI S working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

491 days
Days of operational coverage

Defensive Assets

€109.59 Million
Cash + ST Investments + Receivables

Daily Cash Need

€223.03K
Current Liabilities ÷ 365

Current Liabilities

€81.41 Million
EUR

Defensive Interval Ratio of General de Galerias Comerciales SOCIMI S.A. (2018–2022)

Defensive interval ratio of General de Galerias Comerciales SOCIMI S.A. from 2018 to 2022. This chart shows how General de Galerias Comerciales SOCIMI S.A.'s Defensive Interval Ratio has evolved across 3 annual periods from 2018 to 2022. As of December 2022, the ratio stands at 491 days, meaning defensive assets of €109.59 Million can fund 491 days of operations without new revenue. Read General de Galerias Comerciales SOCIMI S balance sheet liabilities for a breakdown of total debt and financial obligations.

General de Galerias Comerciales SOCIMI S.A. Defensive Interval Ratio by Year (2018–2022)

General de Galerias Comerciales SOCIMI S.A. defensive interval ratio by year from 2018 to 2022. The table below presents the year-by-year Defensive Interval Ratio for General de Galerias Comerciales SOCIMI S.A. from 2018 to 2022, 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 the complete balance sheet picture, see General de Galerias Comerciales SOCIMI S total assets.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 491 days €109.59 Million €223.03K/day €- €97.40 Million ▲ +256 days
2021 235 days €26.32 Million €111.98K/day €- €15.52 Million ▼ -341 days
2018 576 days €23.67 Million €41.13K/day €- €8.34 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)