Believe SAS (BLV) — Defensive Interval Ratio
Believe SAS (BLV) has a Defensive Interval Ratio of 190 days as of December 2024. Defensive assets of €394.08 Million (cash €139.79 Million, short-term investments €4.04 Million, receivables €250.25 Million) cover 190 days of daily cash needs of €2.07 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Believe SAS Defensive Interval Ratio (2017–2024)
This chart shows how Believe SAS's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 190 days, meaning defensive assets of €394.08 Million can fund 190 days of operations without new revenue. For the complete balance sheet picture, see how large is Believe SAS's balance sheet.
Annual Defensive Interval Ratio for Believe SAS (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for Believe SAS from 2017 to 2024, 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. See working capital to net assets of Believe SAS to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 123 days | €254.29 Million | €2.07 Million/day | €- | €4.04 Million | ▼ -1 days |
| 2023 | 124 days | €227.41 Million | €1.83 Million/day | €- | €1.35 Million | ▲ +1 days |
| 2022 | 123 days | €187.29 Million | €1.53 Million/day | €- | €947.00K | ▼ -203 days |
| 2021 | 325 days | €400.06 Million | €1.23 Million/day | €262.70 Million | €726.00K | ▲ +26 days |
| 2020 | 300 days | €309.81 Million | €1.03 Million/day | €152.33 Million | €-48.34 Million | ▲ +107 days |
| 2019 | 193 days | €180.94 Million | €939.51K/day | €49.00K | €5.23 Million | ▲ +133 days |
| 2018 | 60 days | €47.49 Million | €794.28K/day | €- | €-23.97 Million | ▼ -9 days |
| 2017 | 68 days | €37.67 Million | €550.40K/day | €- | €-10.92 Million | — |