Glass To Power SpA (MLGLB) — Defensive Interval Ratio

Latest as of June 2024: 105 days

Glass To Power SpA (MLGLB) has a Defensive Interval Ratio of 105 days as of June 2024. Defensive assets of €316.88K (cash €-, short-term investments €-, receivables €316.88K) cover 105 days of daily cash needs of €3.02K/day.

Defensive Interval Ratio

105 days
Days of operational coverage

Defensive Assets

€316.88K
Cash + ST Investments + Receivables

Daily Cash Need

€3.02K
Current Liabilities ÷ 365

Current Liabilities

€1.10 Million
EUR

Glass To Power SpA Defensive Interval Ratio (2019–2024)

This chart shows how Glass To Power SpA's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2024, the ratio stands at 105 days, meaning defensive assets of €316.88K can fund 105 days of operations without new revenue. For the complete balance sheet picture, see MLGLB total asset value.

Annual Defensive Interval Ratio for Glass To Power SpA (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Glass To Power SpA from 2019 to 2024, covering 6 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 MLGLB 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 10 days €13.93K €1.33K/day €- €- ▼ -179 days
2023 189 days €834.18K €4.40K/day €- €- ▲ +121 days
2022 68 days €242.76K €3.54K/day €- €- ▼ -121 days
2021 189 days €921.07K €4.86K/day €- €- ▼ -58 days
2020 247 days €815.07K €3.30K/day €- €- ▼ -467 days
2019 714 days €881.03K €1.23K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)