Cnova NV (CNV) — Defensive Interval Ratio

Latest as of December 2024: 79 days

Cnova NV (CNV) has a Defensive Interval Ratio of 79 days as of December 2024. Defensive assets of €113.25 Million (cash €-, short-term investments €-, receivables €113.25 Million) cover 79 days of daily cash needs of €1.43 Million/day.

Defensive Interval Ratio

79 days
Days of operational coverage

Defensive Assets

€113.25 Million
Cash + ST Investments + Receivables

Daily Cash Need

€1.43 Million
Current Liabilities ÷ 365

Current Liabilities

€521.63 Million
EUR

Cnova NV Defensive Interval Ratio (2011–2024)

This chart shows how Cnova NV's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of December 2024, the ratio stands at 79 days, meaning defensive assets of €113.25 Million can fund 79 days of operations without new revenue. For the complete balance sheet picture, see total assets of Cnova NV.

Annual Defensive Interval Ratio for Cnova NV (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Cnova NV from 2011 to 2024, covering 14 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 CNV working capital efficiency 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 79 days €113.25 Million €1.43 Million/day €- €- ▲ +33 days
2023 46 days €92.69 Million €2.01 Million/day €- €21.00K ▼ -95 days
2022 141 days €339.85 Million €2.41 Million/day €13.65 Million €156.50 Million ▲ +43 days
2021 98 days €287.85 Million €2.93 Million/day €20.45 Million €917.00K ▼ -52 days
2020 150 days €430.88 Million €2.86 Million/day €15.83 Million €130.49 Million ▲ +37 days
2019 113 days €398.46 Million €3.52 Million/day €78.35 Million €- ▲ +1 days
2018 112 days €352.03 Million €3.14 Million/day €35.52 Million €-2.48 Million ▲ +2 days
2017 110 days €305.93 Million €2.79 Million/day €43.76 Million €- ▲ +70 days
2016 40 days €91.11 Million €2.28 Million/day €50.00K €- ▼ -34 days
2015 74 days €319.54 Million €4.32 Million/day €- €- ▲ +63 days
2014 11 days €47.85 Million €4.27 Million/day €- €-69.81 Million ▼ -28 days
2013 39 days €120.75 Million €3.07 Million/day €- €- ▼ -8 days
2012 47 days €120.96 Million €2.56 Million/day €- €- ▼ -140 days
2011 188 days €214.15 Million €1.14 Million/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)