Sono Group N.V. (SSM) — Defensive Interval Ratio

Latest as of September 2024: 2 days

Sono Group N.V. (SSM) has a Defensive Interval Ratio of 2 days as of September 2024. Defensive assets of $214.00K (cash $-, short-term investments $-, receivables $214.00K) cover 2 days of daily cash needs of $90.17K/day. Check SSM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

$214.00K
Cash + ST Investments + Receivables

Daily Cash Need

$90.17K
Current Liabilities ÷ 365

Current Liabilities

$32.91 Million
USD

Sono Group N.V. Defensive Interval Ratio (2019–2023)

This chart shows how Sono Group N.V.'s Defensive Interval Ratio has evolved across 5 annual periods from 2019 to 2023. As of September 2024, the ratio stands at 2 days, meaning defensive assets of $214.00K can fund 2 days of operations without new revenue. Also explore SSM net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sono Group N.V. (2019–2023)

The table below presents the year-by-year Defensive Interval Ratio for Sono Group N.V. from 2019 to 2023, 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 Sono Group N.V. (SSM) total market value.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 1 days $156.00K $264.68K/day $- $143.00K ▼ -61 days
2022 62 days $7.87 Million $127.61K/day $- $485.00K ▼ -176 days
2021 238 days $8.30 Million $34.93K/day $- $6.01 Million ▲ +226 days
2020 11 days $542.03K $47.14K/day $- $- ▼ -15 days
2019 27 days $567.99K $21.29K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)