TaTaTu SpA (ALTTU) — Defensive Interval Ratio

Latest as of December 2023: 289 days

TaTaTu SpA (ALTTU) has a Defensive Interval Ratio of 289 days as of December 2023. Defensive assets of €18.48 Million (cash €1.32 Million, short-term investments €7.00K, receivables €17.15 Million) cover 289 days of daily cash needs of €63.90K/day. Check TaTaTu SpA tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

289 days
Days of operational coverage

Defensive Assets

€18.48 Million
Cash + ST Investments + Receivables

Daily Cash Need

€63.90K
Current Liabilities ÷ 365

Current Liabilities

€23.32 Million
EUR

TaTaTu SpA Defensive Interval Ratio (2020–2023)

This chart shows how TaTaTu SpA's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of December 2023, the ratio stands at 289 days, meaning defensive assets of €18.48 Million can fund 289 days of operations without new revenue. Also explore TaTaTu SpA equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for TaTaTu SpA (2020–2023)

The table below presents the year-by-year Defensive Interval Ratio for TaTaTu SpA from 2020 to 2023, covering 4 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 TaTaTu SpA (ALTTU) market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 289 days €18.48 Million €63.90K/day €1.32 Million €7.00K ▲ +266 days
2022 23 days €6.41 Million €274.79K/day €4.72 Million €194.00K ▼ -310 days
2021 333 days €23.11 Million €69.42K/day €816.00K €0.00 ▼ -23 days
2020 356 days €22.47 Million €63.09K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)