MagForce AG Defensive Interval Ratio
MagForce AG defensive interval ratio. MagForce AG (MF6) has a Defensive Interval Ratio of 31 days as of December 2021. Defensive assets of €736.08K (cash €-, short-term investments €-, receivables €736.08K) cover 31 days of daily cash needs of €23.90K/day. See MagForce AG (MF6) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of MagForce AG (2018–2021)
Defensive interval ratio of MagForce AG from 2018 to 2021. This chart shows how MagForce AG's Defensive Interval Ratio has evolved across 4 annual periods from 2018 to 2021. As of December 2021, the ratio stands at 31 days, meaning defensive assets of €736.08K can fund 31 days of operations without new revenue. Read MagForce AG (MF6) total liabilities for a breakdown of total debt and financial obligations.
MagForce AG Defensive Interval Ratio by Year (2018–2021)
MagForce AG defensive interval ratio by year from 2018 to 2021. The table below presents the year-by-year Defensive Interval Ratio for MagForce AG from 2018 to 2021, 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 the complete balance sheet picture, see MF6 total asset value.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 10 days | €244.89K | €23.90K/day | €- | €- | ▼ -5 days |
| 2020 | 15 days | €370.23K | €24.43K/day | €- | €- | ▲ +10 days |
| 2019 | 5 days | €95.86K | €17.91K/day | €- | €- | ▼ -32 days |
| 2018 | 38 days | €639.03K | €17.00K/day | €- | €- | — |