Deutsche Börse AG (DB1) — Defensive Interval Ratio

Latest as of June 2025: 299 days

Deutsche Börse AG (DB1) has a Defensive Interval Ratio of 299 days as of June 2025. Defensive assets of €218.60 Billion (cash €1.71 Billion, short-term investments €214.81 Billion, receivables €2.08 Billion) cover 299 days of daily cash needs of €730.52 Million/day.

Defensive Interval Ratio

299 days
Days of operational coverage

Defensive Assets

€218.60 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€730.52 Million
Current Liabilities ÷ 365

Current Liabilities

€266.64 Billion
EUR

Deutsche Börse AG Defensive Interval Ratio (2012–2024)

This chart shows how Deutsche Börse AG's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at 299 days, meaning defensive assets of €218.60 Billion can fund 299 days of operations without new revenue. For the complete balance sheet picture, see DB1 current and non-current assets.

Annual Defensive Interval Ratio for Deutsche Börse AG (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Deutsche Börse AG from 2012 to 2024, 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. See Deutsche Börse AG (DB1) working capital ratio 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)
2024 278 days €149.77 Billion €537.78 Million/day €1.87 Billion €128.01 Billion ▲ +2 days
2023 276 days €159.88 Billion €579.23 Million/day €1.66 Billion €138.41 Billion ▲ +65 days
2022 211 days €141.95 Billion €673.60 Million/day €1.28 Billion €136.14 Billion ▲ +7 days
2021 204 days €112.69 Billion €552.20 Million/day €1.03 Billion €108.04 Billion ▼ -39 days
2020 243 days €89.88 Billion €370.36 Million/day €1.47 Billion €87.22 Billion ▼ -35 days
2019 278 days €93.31 Billion €335.46 Million/day €888.10 Million €85.31 Billion ▼ -59 days
2018 337 days €133.22 Billion €394.81 Million/day €1.32 Billion €114.00 Billion ▲ +60 days
2017 277 days €93.51 Billion €337.42 Million/day €1.30 Billion €79.77 Billion ▼ -10 days
2016 287 days €118.28 Billion €412.47 Million/day €1.46 Billion €108.50 Billion ▼ -2 days
2015 288 days €131.03 Billion €454.23 Million/day €- €126.35 Billion ▼ -22 days
2014 310 days €173.54 Billion €559.43 Million/day €- €170.91 Billion ▼ -5 days
2013 316 days €155.65 Billion €493.21 Million/day €- €153.89 Billion ▲ +293 days
2012 23 days €13.36 Billion €580.11 Million/day €- €119.50 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)