Befesa SA (BFSA) — Defensive Interval Ratio

Latest as of March 2026: 156 days

Befesa SA (BFSA) has a Defensive Interval Ratio of 156 days as of March 2026. Defensive assets of €127.26 Million (cash €-, short-term investments €503.00K, receivables €126.76 Million) cover 156 days of daily cash needs of €814.58K/day. See BFSA working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

156 days
Days of operational coverage

Defensive Assets

€127.26 Million
Cash + ST Investments + Receivables

Daily Cash Need

€814.58K
Current Liabilities ÷ 365

Current Liabilities

€297.32 Million
EUR

Befesa SA Defensive Interval Ratio (2013–2025)

This chart shows how Befesa SA's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 156 days, meaning defensive assets of €127.26 Million can fund 156 days of operations without new revenue. See debt-free asset ratio of Befesa SA to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Befesa SA (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Befesa SA from 2013 to 2025, covering 13 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 Befesa SA.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 144 days €103.64 Million €719.05K/day €- €- ▼ -136 days
2024 280 days €230.70 Million €822.64K/day €102.52 Million €461.00K ▲ +1 days
2023 280 days €197.09 Million €704.20K/day €106.69 Million €14.18 Million ▼ -68 days
2022 348 days €317.30 Million €912.51K/day €161.75 Million €455.00K ▼ -66 days
2021 414 days €362.34 Million €876.17K/day €224.09 Million €-7.12 Million ▼ -142 days
2020 555 days €233.57 Million €420.76K/day €154.56 Million €-2.12 Million ▼ -29 days
2019 584 days €223.00 Million €381.64K/day €125.46 Million €24.68 Million ▼ -64 days
2018 648 days €251.91 Million €388.56K/day €150.65 Million €20.61 Million ▲ +335 days
2017 314 days €187.40 Million €597.38K/day €117.58 Million €-5.09 Million ▲ +94 days
2016 219 days €122.50 Million €558.21K/day €59.05 Million €-20.52 Million ▲ +49 days
2015 170 days €116.38 Million €682.72K/day €- €4.00 Million ▼ -41 days
2014 212 days €102.59 Million €484.58K/day €- €1.32 Million ▲ +50 days
2013 162 days €87.11 Million €537.31K/day €- €39.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)