Next.e.GO N.V. (EGOXF) — Defensive Interval Ratio

Latest as of June 2023: 238 days

Next.e.GO N.V. (EGOXF) has a Defensive Interval Ratio of 238 days as of June 2023. Defensive assets of $52.28 Million (cash $-, short-term investments $211.00K, receivables $52.06 Million) cover 238 days of daily cash needs of $219.97K/day.

Defensive Interval Ratio

238 days
Days of operational coverage

Defensive Assets

$52.28 Million
Cash + ST Investments + Receivables

Daily Cash Need

$219.97K
Current Liabilities ÷ 365

Current Liabilities

$80.29 Million
USD

Next.e.GO N.V. Defensive Interval Ratio (2021–2022)

This chart shows how Next.e.GO N.V.'s Defensive Interval Ratio has evolved across 2 annual periods from 2021 to 2022. As of June 2023, the ratio stands at 238 days, meaning defensive assets of $52.28 Million can fund 238 days of operations without new revenue. For the complete balance sheet picture, see Next.e.GO N.V. total assets.

Annual Defensive Interval Ratio for Next.e.GO N.V. (2021–2022)

The table below presents the year-by-year Defensive Interval Ratio for Next.e.GO N.V. from 2021 to 2022, covering 2 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 Next.e.GO N.V. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 13 days $2.74 Million $204.36K/day $- $211.00K ▼ -9121 days
2021 9134 days $2.64 Million $288.92/day $- $97.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)