Kardex (KARN) — Defensive Interval Ratio
Kardex (KARN) has a Defensive Interval Ratio of 588 days as of December 2025. Defensive assets of CHF326.44 Million (cash CHF118.10 Million, short-term investments CHF39.47 Million, receivables CHF168.87 Million) cover 588 days of daily cash needs of CHF554.91K/day. See Kardex (KARN) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Kardex Defensive Interval Ratio (2002–2025)
This chart shows how Kardex's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 588 days, meaning defensive assets of CHF326.44 Million can fund 588 days of operations without new revenue. See KARN net asset quality score to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Kardex (2002–2025)
The table below presents the year-by-year Defensive Interval Ratio for Kardex from 2002 to 2025, covering 23 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 KARN stock market capitalisation.
| Year | DIR (days) | Defensive Assets (CHF) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 414 days | CHF229.64 Million | CHF554.91K/day | CHF21.30 Million | CHF39.47 Million | ▲ +10 days |
| 2024 | 403 days | CHF195.70 Million | CHF485.21K/day | CHF42.50 Million | CHF37.30 Million | ▲ +71 days |
| 2023 | 332 days | CHF137.40 Million | CHF413.42K/day | CHF14.90 Million | CHF12.30 Million | ▼ -19 days |
| 2022 | 351 days | CHF127.30 Million | CHF362.74K/day | CHF5.80 Million | CHF31.50 Million | ▲ +2 days |
| 2021 | 348 days | CHF113.70 Million | CHF326.30K/day | CHF- | CHF43.20 Million | ▲ +73 days |
| 2020 | 276 days | CHF61.60 Million | CHF223.29K/day | CHF- | CHF1.30 Million | ▼ -33 days |
| 2019 | 309 days | CHF82.30 Million | CHF266.30K/day | CHF- | CHF9.30 Million | ▲ +39 days |
| 2018 | 270 days | CHF68.10 Million | CHF252.60K/day | CHF- | CHF300.00K | ▼ -15 days |
| 2017 | 285 days | CHF64.60 Million | CHF226.85K/day | CHF- | CHF200.00K | ▼ -54 days |
| 2016 | 338 days | CHF69.90 Million | CHF206.58K/day | CHF- | CHF10.30 Million | ▲ +99 days |
| 2015 | 239 days | CHF48.00 Million | CHF200.82K/day | CHF- | CHF- | ▼ -54 days |
| 2014 | 293 days | CHF50.50 Million | CHF172.33K/day | CHF- | CHF- | ▼ -2 days |
| 2013 | 295 days | CHF51.70 Million | CHF175.34K/day | CHF- | CHF- | ▲ +18 days |
| 2011 | 277 days | CHF94.80 Million | CHF342.47K/day | CHF- | CHF- | ▲ +253 days |
| 2010 | 24 days | CHF10.10 Million | CHF424.66K/day | CHF- | CHF10.00 Million | ▼ -288 days |
| 2009 | 311 days | CHF78.00 Million | CHF250.41K/day | CHF- | CHF- | ▲ +3 days |
| 2008 | 309 days | CHF96.70 Million | CHF313.15K/day | CHF- | CHF- | ▲ +26 days |
| 2007 | 282 days | CHF91.40 Million | CHF323.56K/day | CHF- | CHF- | ▲ +112 days |
| 2006 | 171 days | CHF94.10 Million | CHF551.51K/day | CHF- | CHF- | ▼ -37 days |
| 2005 | 208 days | CHF92.60 Million | CHF445.48K/day | CHF- | CHF- | ▼ -83 days |
| 2004 | 291 days | CHF104.60 Million | CHF359.02K/day | CHF- | CHF- | ▲ +291 days |
| 2003 | 0 days | CHF1.00 | CHF367.88K/day | CHF- | CHF- | ▼ 0 days |
| 2002 | 0 days | CHF2.00 | CHF345.50K/day | CHF- | CHF- | — |