Horus AG (HRU) — Defensive Interval Ratio

Latest as of December 2018: 40788 days

Horus AG (HRU) has a Defensive Interval Ratio of 40788 days as of December 2018. Defensive assets of €2.47 Million (cash €-, short-term investments €2.47 Million, receivables €-) cover 40788 days of daily cash needs of €60.55/day. Check tangible equity quality of Horus AG to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

40788 days
Days of operational coverage

Defensive Assets

€2.47 Million
Cash + ST Investments + Receivables

Daily Cash Need

€60.55
Current Liabilities ÷ 365

Current Liabilities

€22.10K
EUR

Horus AG Defensive Interval Ratio (2015–2018)

This chart shows how Horus AG's Defensive Interval Ratio has evolved across 4 annual periods from 2015 to 2018. As of December 2018, the ratio stands at 40788 days, meaning defensive assets of €2.47 Million can fund 40788 days of operations without new revenue. Also explore Horus AG annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Horus AG (2015–2018)

The table below presents the year-by-year Defensive Interval Ratio for Horus AG from 2015 to 2018, covering 4 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 Horus AG market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2018 40788 days €2.47 Million €60.55/day €- €2.47 Million ▲ +19184 days
2017 21604 days €2.41 Million €111.51/day €- €2.41 Million ▲ +901 days
2016 20703 days €1.15 Million €55.34/day €- €1.15 Million ▲ +14129 days
2015 6574 days €1.38 Million €209.59/day €- €1.38 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)