Next.e.GO N.V. (EGOXF) — Defensive Interval Ratio
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. Check EGOXF tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. Also explore net asset growth rate of Next.e.GO N.V. to track the company's year-over-year net asset growth rate.
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. For live market cap and the full company financial profile, see market cap of Next.e.GO N.V..
| 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 | — |