Novatech Industries SA (MLNOV) — Defensive Interval Ratio

Latest as of December 2024: 59 days

Novatech Industries SA (MLNOV) has a Defensive Interval Ratio of 59 days as of December 2024. Defensive assets of €7.27 Million (cash €-, short-term investments €40.00K, receivables €7.23 Million) cover 59 days of daily cash needs of €122.31K/day. Check MLNOV tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

59 days
Days of operational coverage

Defensive Assets

€7.27 Million
Cash + ST Investments + Receivables

Daily Cash Need

€122.31K
Current Liabilities ÷ 365

Current Liabilities

€44.64 Million
EUR

Novatech Industries SA Defensive Interval Ratio (1999–2024)

This chart shows how Novatech Industries SA's Defensive Interval Ratio has evolved across 20 annual periods from 1999 to 2024. As of December 2024, the ratio stands at 59 days, meaning defensive assets of €7.27 Million can fund 59 days of operations without new revenue. Also explore MLNOV net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Novatech Industries SA (1999–2024)

The table below presents the year-by-year Defensive Interval Ratio for Novatech Industries SA from 1999 to 2024, covering 20 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 Novatech Industries SA market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 59 days €7.27 Million €122.31K/day €- €40.00K ▼ -78 days
2023 138 days €7.17 Million €52.06K/day €- €40.00K ▲ +20 days
2022 117 days €5.11 Million €43.55K/day €- €42.83K ▲ +38 days
2021 79 days €2.65 Million €33.33K/day €- €45.53K ▼ -70 days
2020 149 days €4.09 Million €27.43K/day €- €48.86K ▲ +10 days
2018 139 days €4.75 Million €34.11K/day €- €40.00K ▼ -25 days
2017 164 days €3.27 Million €19.92K/day €- €40.00K ▼ -182 days
2016 347 days €7.14 Million €20.60K/day €- €30.00K ▲ +85 days
2015 262 days €7.28 Million €27.78K/day €- €40.00K ▲ +19 days
2014 243 days €7.12 Million €29.34K/day €- €40.00K ▼ -2 days
2013 245 days €7.89 Million €32.19K/day €- €40.00K ▲ +16 days
2012 230 days €8.80 Million €38.33K/day €- €120.00K ▼ -80 days
2011 310 days €14.56 Million €47.04K/day €- €2.24 Million ▼ -119 days
2010 429 days €26.64 Million €62.11K/day €- €8.28 Million ▼ -115 days
2009 544 days €27.32 Million €50.25K/day €- €7.93 Million ▲ +171 days
2008 372 days €26.63 Million €71.53K/day €- €3.41 Million ▼ -42 days
2007 414 days €17.81 Million €43.04K/day €- €40.00K ▲ +74 days
2001 340 days €3.61 Million €10.63K/day €- €- ▼ -384 days
2000 724 days €6.74 Million €9.32K/day €- €580.00K ▲ +90 days
1999 633 days €5.88 Million €9.29K/day €- €370.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)