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. Check MF6 tangible net assets ratio to evaluate the tangible quality of the company's equity base.
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. Also explore net asset momentum of MagForce AG to track the company's year-over-year net asset growth rate.
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. For live market cap and the full company financial profile, see market cap of MagForce AG.
| 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 | €- | €- | — |