MagForce AG (MF6) — 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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
MagForce AG Defensive Interval Ratio (2018–2021)
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. For the complete balance sheet picture, see total assets of MagForce AG.
Annual Defensive Interval Ratio for MagForce AG (2018–2021)
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. See working capital to net assets of MagForce AG 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) |
|---|---|---|---|---|---|---|
| 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 | €- | €- | — |