Highlight Communications AG (HLG) — Defensive Interval Ratio

Latest as of December 2025: 98 days

Highlight Communications AG (HLG) has a Defensive Interval Ratio of 98 days as of December 2025. Defensive assets of €121.12 Million (cash €-, short-term investments €-, receivables €121.12 Million) cover 98 days of daily cash needs of €1.23 Million/day.

Defensive Interval Ratio

98 days
Days of operational coverage

Defensive Assets

€121.12 Million
Cash + ST Investments + Receivables

Daily Cash Need

€1.23 Million
Current Liabilities ÷ 365

Current Liabilities

€448.92 Million
EUR

Highlight Communications AG Defensive Interval Ratio (2002–2025)

This chart shows how Highlight Communications AG's Defensive Interval Ratio has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 98 days, meaning defensive assets of €121.12 Million can fund 98 days of operations without new revenue. For the complete balance sheet picture, see HLG asset base.

Annual Defensive Interval Ratio for Highlight Communications AG (2002–2025)

The table below presents the year-by-year Defensive Interval Ratio for Highlight Communications AG from 2002 to 2025, covering 24 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 Highlight Communications AG working capital to net assets 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)
2025 98 days €121.12 Million €1.23 Million/day €- €- ▼ -15 days
2024 113 days €127.19 Million €1.12 Million/day €16.77 Million €3.98 Million ▼ -5 days
2023 118 days €124.17 Million €1.05 Million/day €25.50 Million €3.96 Million ▼ -50 days
2022 168 days €142.52 Million €849.21K/day €29.91 Million €11.88 Million ▼ -8 days
2021 176 days €196.75 Million €1.12 Million/day €48.34 Million €16.42 Million ▲ +10 days
2020 166 days €127.41 Million €769.40K/day €48.18 Million €11.00K ▼ -66 days
2019 231 days €180.14 Million €779.22K/day €52.97 Million €9.96 Million ▲ +46 days
2018 185 days €190.72 Million €1.03 Million/day €52.53 Million €30.15 Million ▼ -244 days
2017 429 days €299.94 Million €698.88K/day €186.55 Million €5.65 Million ▲ +79 days
2016 351 days €191.19 Million €545.27K/day €88.50 Million €206.00K ▲ +241 days
2015 109 days €85.91 Million €784.98K/day €- €19.97 Million ▼ -32 days
2014 142 days €92.55 Million €653.45K/day €- €15.97 Million ▼ -13 days
2013 155 days €134.49 Million €869.71K/day €- €22.21 Million ▲ +2 days
2012 152 days €121.03 Million €794.70K/day €- €26.39 Million ▲ +6 days
2011 146 days €152.30 Million €1.04 Million/day €- €13.88 Million ▲ +26 days
2010 120 days €140.33 Million €1.17 Million/day €- €18.71 Million ▼ -7 days
2009 127 days €179.00 Million €1.41 Million/day €- €23.17 Million ▲ +17 days
2008 110 days €158.46 Million €1.44 Million/day €- €56.01 Million ▲ +24 days
2007 86 days €135.96 Million €1.58 Million/day €- €36.53 Million ▲ +23 days
2006 63 days €85.67 Million €1.36 Million/day €- €22.48 Million ▼ -10 days
2005 73 days €106.73 Million €1.47 Million/day €- €25.66 Million ▲ +9 days
2004 64 days €65.07 Million €1.02 Million/day €- €- ▲ +1 days
2003 63 days €72.20 Million €1.15 Million/day €- €- ▼ -33 days
2002 95 days €21.00 Million €219.96K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)