Codere Online US Corp (CDRO) — Defensive Interval Ratio

Latest as of March 2026: 118 days

Codere Online US Corp (CDRO) has a Defensive Interval Ratio of 118 days as of March 2026. Defensive assets of $15.99 Million (cash $-, short-term investments $9.66 Million, receivables $6.33 Million) cover 118 days of daily cash needs of $135.02K/day. Check Codere Online US Corp tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

118 days
Days of operational coverage

Defensive Assets

$15.99 Million
Cash + ST Investments + Receivables

Daily Cash Need

$135.02K
Current Liabilities ÷ 365

Current Liabilities

$49.28 Million
USD

Codere Online US Corp Defensive Interval Ratio (2018–2025)

This chart shows how Codere Online US Corp's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 118 days, meaning defensive assets of $15.99 Million can fund 118 days of operations without new revenue. Also explore CDRO shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Codere Online US Corp (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for Codere Online US Corp from 2018 to 2025, covering 8 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 CDRO market cap.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 118 days $15.99 Million $135.02K/day $- $9.66 Million ▼ -47 days
2024 166 days $20.42 Million $123.18K/day $- $13.49 Million ▲ +37 days
2023 129 days $18.45 Million $142.75K/day $- $10.40 Million ▲ +35 days
2022 94 days $11.05 Million $117.13K/day $- $6.78 Million ▼ -10 days
2021 104 days $9.02 Million $86.60K/day $- $3.90 Million ▲ +49 days
2020 55 days $5.59 Million $101.46K/day $- $4.76 Million ▼ -173 days
2019 228 days $33.88 Million $148.27K/day $- $4.37 Million ▼ -30 days
2018 258 days $29.61 Million $114.75K/day $- $2.64 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)