Sequa Petroleum NV (MLSEQ) — Defensive Interval Ratio

Latest as of December 2023: 4704 days

Sequa Petroleum NV (MLSEQ) has a Defensive Interval Ratio of 4704 days as of December 2023. Defensive assets of €7.77 Million (cash €-, short-term investments €-, receivables €7.77 Million) cover 4704 days of daily cash needs of €1.65K/day.

Defensive Interval Ratio

4704 days
Days of operational coverage

Defensive Assets

€7.77 Million
Cash + ST Investments + Receivables

Daily Cash Need

€1.65K
Current Liabilities ÷ 365

Current Liabilities

€603.00K
EUR

Sequa Petroleum NV Defensive Interval Ratio (2013–2023)

This chart shows how Sequa Petroleum NV's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of December 2023, the ratio stands at 4704 days, meaning defensive assets of €7.77 Million can fund 4704 days of operations without new revenue. For the complete balance sheet picture, see Sequa Petroleum NV asset portfolio.

Annual Defensive Interval Ratio for Sequa Petroleum NV (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for Sequa Petroleum NV from 2013 to 2023, covering 11 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 Sequa Petroleum NV short-term liquidity ratio 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)
2023 4704 days €7.77 Million €1.65K/day €- €- ▲ +1415 days
2022 3290 days €11.29 Million €3.43K/day €- €- ▲ +3270 days
2021 20 days €17.00K €865.75/day €- €- ▲ +14 days
2020 5 days €11.00K €2.07K/day €- €- ▼ -1069 days
2019 1074 days €2.15 Million €2.00K/day €- €- ▲ +1072 days
2018 2 days €1.33 Million €630.04K/day €- €424.00K ▲ +2 days
2017 0 days €-14.00K €578.96K/day €- €- ▼ 0 days
2016 0 days €48.00K €575.36K/day €- €- ▼ -209 days
2015 209 days €5.75 Million €27.45K/day €- €- ▲ +209 days
2014 0 days €144.00K €360.62K/day €- €- ▼ -72 days
2013 73 days €315.00K €4.34K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)