Aerostar Bacau (ARS) — Defensive Interval Ratio
Aerostar Bacau (ARS) has a Defensive Interval Ratio of 414 days as of December 2025. Defensive assets of RON124.76 Million (cash RON-, short-term investments RON-, receivables RON124.76 Million) cover 414 days of daily cash needs of RON301.18K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Aerostar Bacau Defensive Interval Ratio (2021–2025)
This chart shows how Aerostar Bacau's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 414 days, meaning defensive assets of RON124.76 Million can fund 414 days of operations without new revenue. For the complete balance sheet picture, see how large is Aerostar Bacau's balance sheet.
Annual Defensive Interval Ratio for Aerostar Bacau (2021–2025)
The table below presents the year-by-year Defensive Interval Ratio for Aerostar Bacau from 2021 to 2025, covering 5 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 ARS net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (RON) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 315 days | RON102.80 Million | RON326.83K/day | RON- | RON- | ▲ +35 days |
| 2024 | 280 days | RON84.89 Million | RON303.41K/day | RON- | RON- | ▼ -16 days |
| 2023 | 296 days | RON80.68 Million | RON272.86K/day | RON- | RON- | ▲ +8 days |
| 2022 | 288 days | RON56.37 Million | RON195.87K/day | RON- | RON- | ▲ +57 days |
| 2021 | 231 days | RON34.67 Million | RON150.15K/day | RON- | RON- | — |