HPI AG (CEW3) — Defensive Interval Ratio

Latest as of June 2013: 154 days

HPI AG (CEW3) has a Defensive Interval Ratio of 154 days as of June 2013. Defensive assets of €11.71 Million (cash €-, short-term investments €-, receivables €11.71 Million) cover 154 days of daily cash needs of €76.24K/day. Check CEW3 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

154 days
Days of operational coverage

Defensive Assets

€11.71 Million
Cash + ST Investments + Receivables

Daily Cash Need

€76.24K
Current Liabilities ÷ 365

Current Liabilities

€27.83 Million
EUR

HPI AG Defensive Interval Ratio (2009–2016)

This chart shows how HPI AG's Defensive Interval Ratio has evolved across 5 annual periods from 2009 to 2016. As of June 2013, the ratio stands at 154 days, meaning defensive assets of €11.71 Million can fund 154 days of operations without new revenue. Also explore HPI AG annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for HPI AG (2009–2016)

The table below presents the year-by-year Defensive Interval Ratio for HPI AG from 2009 to 2016, covering 5 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 CEW3 market cap overview.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2016 28 days €699.58K €24.90K/day €- €2.00 ▼ -149 days
2012 177 days €10.33 Million €58.33K/day €- €- ▲ +3 days
2011 175 days €6.36 Million €36.42K/day €- €- ▲ +33 days
2010 142 days €2.21 Million €15.61K/day €- €- ▼ -142 days
2009 284 days €1.51 Million €5.33K/day €- €79.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)