Talgo SA (TLGO) — Defensive Interval Ratio

Latest as of June 2026: 416 days

Talgo SA (TLGO) has a Defensive Interval Ratio of 416 days as of June 2026. Defensive assets of €826.14 Million (cash €-, short-term investments €-, receivables €826.14 Million) cover 416 days of daily cash needs of €1.98 Million/day.

Defensive Interval Ratio

416 days
Days of operational coverage

Defensive Assets

€826.14 Million
Cash + ST Investments + Receivables

Daily Cash Need

€1.98 Million
Current Liabilities ÷ 365

Current Liabilities

€724.46 Million
EUR

Talgo SA Defensive Interval Ratio (2011–2025)

This chart shows how Talgo SA's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 416 days, meaning defensive assets of €826.14 Million can fund 416 days of operations without new revenue. For the complete balance sheet picture, see how large is Talgo SA's balance sheet.

Annual Defensive Interval Ratio for Talgo SA (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Talgo SA from 2011 to 2025, covering 15 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See how liquid is Talgo SA's working capital to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 325 days €757.92 Million €2.33 Million/day €- €178.00K ▼ -132 days
2024 457 days €642.44 Million €1.41 Million/day €- €110.00K ▲ +24 days
2023 433 days €492.18 Million €1.14 Million/day €- €316.00K ▲ +106 days
2022 327 days €468.10 Million €1.43 Million/day €30.00 Million €32.00K ▼ -20 days
2021 347 days €381.21 Million €1.10 Million/day €0.00 €64.00K ▲ +18 days
2020 329 days €284.72 Million €865.87K/day €12.49 Million €10.04 Million ▲ +125 days
2019 204 days €177.55 Million €870.91K/day €- €10.03 Million ▼ -81 days
2018 285 days €191.31 Million €671.64K/day €- €-2.15 Million ▼ -172 days
2017 457 days €274.66 Million €601.10K/day €- €20.36 Million ▼ -191 days
2016 648 days €361.81 Million €558.70K/day €- €20.08 Million ▲ +223 days
2015 424 days €299.48 Million €706.06K/day €- €20.04 Million ▲ +181 days
2014 243 days €158.64 Million €652.91K/day €- €116.00K ▲ +79 days
2013 164 days €113.78 Million €692.91K/day €- €80.00K ▼ -147 days
2012 311 days €171.24 Million €551.08K/day €- €162.00K ▲ +98 days
2011 213 days €125.52 Million €590.39K/day €- €60.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)