Photon Energy N.V. (PEN) — Defensive Interval Ratio

Latest as of December 2025: 99 days

Photon Energy N.V. (PEN) has a Defensive Interval Ratio of 99 days as of December 2025. Defensive assets of zł13.26 Million (cash zł-, short-term investments zł-, receivables zł13.26 Million) cover 99 days of daily cash needs of zł133.95K/day. Check Photon Energy N.V. (PEN) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

99 days
Days of operational coverage

Defensive Assets

zł13.26 Million
Cash + ST Investments + Receivables

Daily Cash Need

zł133.95K
Current Liabilities ÷ 365

Current Liabilities

zł48.89 Million
PLN

Photon Energy N.V. Defensive Interval Ratio (2011–2025)

This chart shows how Photon Energy N.V.'s Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of December 2025, the ratio stands at 99 days, meaning defensive assets of zł13.26 Million can fund 99 days of operations without new revenue. Also explore PEN net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Photon Energy N.V. (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Photon Energy N.V. from 2011 to 2025, covering 15 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 Photon Energy N.V. (PEN) market capitalisation.

Year DIR (days) Defensive Assets (PLN) Daily Cash Need Cash ST Investments Change (days)
2025 99 days zł13.26 Million zł133.95K/day zł- zł- ▼ -156 days
2024 255 days zł31.52 Million zł123.59K/day zł- zł- ▲ +147 days
2023 108 days zł8.74 Million zł81.02K/day zł- zł2.85 Million ▼ -50 days
2022 158 days zł14.49 Million zł91.89K/day zł- zł3.71 Million ▲ +71 days
2021 87 days zł8.11 Million zł93.04K/day zł- zł3.23 Million ▼ -56 days
2020 143 days zł5.97 Million zł41.66K/day zł- zł288.00K ▼ -26 days
2019 170 days zł5.75 Million zł33.83K/day zł- zł197.00K ▼ -252 days
2018 422 days zł9.78 Million zł23.18K/day zł- zł- ▲ +412 days
2017 10 days zł351.00K zł34.20K/day zł- zł352.00K ▼ -67 days
2016 77 days zł1.66 Million zł21.67K/day zł- zł541.00K ▲ +38 days
2015 38 days zł917.00K zł23.95K/day zł- zł- ▼ -18 days
2014 56 days zł1.41 Million zł25.34K/day zł- zł- ▲ +32 days
2013 24 days zł873.00K zł36.80K/day zł- zł- ▼ -137 days
2012 161 days zł10.82 Million zł67.29K/day zł- zł- ▲ +83 days
2011 78 days zł4.03 Million zł51.66K/day zł- zł- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)