Photonike Capital SA (MLPHO) — Defensive Interval Ratio

Latest as of December 2020: 46095 days

Photonike Capital SA (MLPHO) has a Defensive Interval Ratio of 46095 days as of December 2020. Defensive assets of €5.06 Million (cash €-, short-term investments €-, receivables €5.06 Million) cover 46095 days of daily cash needs of €109.67/day. Check Photonike Capital SA (MLPHO) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

46095 days
Days of operational coverage

Defensive Assets

€5.06 Million
Cash + ST Investments + Receivables

Daily Cash Need

€109.67
Current Liabilities ÷ 365

Current Liabilities

€40.03K
EUR

Photonike Capital SA Defensive Interval Ratio (2015–2020)

This chart shows how Photonike Capital SA's Defensive Interval Ratio has evolved across 6 annual periods from 2015 to 2020. As of December 2020, the ratio stands at 46095 days, meaning defensive assets of €5.06 Million can fund 46095 days of operations without new revenue. Also explore MLPHO year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Photonike Capital SA (2015–2020)

The table below presents the year-by-year Defensive Interval Ratio for Photonike Capital SA from 2015 to 2020, 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. For live market cap and the full company financial profile, see market value of Photonike Capital SA.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2020 46095 days €5.06 Million €109.67/day €- €- ▲ +45873 days
2019 222 days €4.99 Million €22.53K/day €- €- ▼ -1 days
2018 222 days €4.99 Million €22.48K/day €- €- ▼ 0 days
2017 222 days €4.99 Million €22.46K/day €- €- ▲ +23 days
2016 200 days €5.11 Million €25.60K/day €- €- ▲ +183 days
2015 16 days €5.20 Million €320.41K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)