Bourse Direct SA (BSD) — Defensive Interval Ratio

Latest as of December 2025: 544 days

Bourse Direct SA (BSD) has a Defensive Interval Ratio of 544 days as of December 2025. Defensive assets of €76.16 Million (cash €-, short-term investments €76.12 Million, receivables €33.00K) cover 544 days of daily cash needs of €139.98K/day. See working capital position of Bourse Direct SA to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

544 days
Days of operational coverage

Defensive Assets

€76.16 Million
Cash + ST Investments + Receivables

Daily Cash Need

€139.98K
Current Liabilities ÷ 365

Current Liabilities

€51.09 Million
EUR

Bourse Direct SA Defensive Interval Ratio (2006–2025)

This chart shows how Bourse Direct SA's Defensive Interval Ratio has evolved across 17 annual periods from 2006 to 2025. As of December 2025, the ratio stands at 544 days, meaning defensive assets of €76.16 Million can fund 544 days of operations without new revenue. See Bourse Direct SA net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Bourse Direct SA (2006–2025)

The table below presents the year-by-year Defensive Interval Ratio for Bourse Direct SA from 2006 to 2025, covering 17 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 BSD stock market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 544 days €76.16 Million €139.98K/day €- €76.12 Million ▲ +515 days
2023 29 days €89.72 Million €3.11 Million/day €- €68.73 Million ▼ -74471 days
2022 74500 days €1.28 Billion €17.24K/day €- €66.69 Million ▲ +1837 days
2021 72664 days €1.31 Billion €18.05K/day €- €107.38 Million ▲ +24184 days
2020 48480 days €1.16 Billion €23.92K/day €- €115.04 Million ▼ -44465 days
2019 92945 days €1.01 Billion €10.83K/day €- €145.76 Million ▲ +16825 days
2018 76120 days €787.80 Million €10.35K/day €- €115.44 Million ▲ +13004 days
2017 63116 days €809.30 Million €12.82K/day €- €138.13 Million ▼ -308339 days
2016 371455 days €667.83 Million €1.80K/day €- €99.48 Million ▲ +207157 days
2015 164299 days €561.69 Million €3.42K/day €- €128.33 Million ▲ +161746 days
2014 2553 days €5.16 Million €2.02K/day €- €- ▲ +1484 days
2013 1069 days €6.09 Million €5.69K/day €- €- ▲ +1004 days
2012 65 days €232.65K €3.57K/day €- €- ▼ -125 days
2011 190 days €331.47K €1.74K/day €- €- ▲ +167 days
2008 23 days €10.18 Million €447.76K/day €- €- ▼ -3 days
2007 26 days €12.69 Million €483.90K/day €- €- ▲ +13 days
2006 14 days €6.16 Million €451.76K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)