Mynaric AG (M0YN) — Defensive Interval Ratio

Latest as of December 2023: 10 days

Mynaric AG (M0YN) has a Defensive Interval Ratio of 10 days as of December 2023. Defensive assets of €1.97 Million (cash €-, short-term investments €-, receivables €1.97 Million) cover 10 days of daily cash needs of €205.16K/day. Check Mynaric AG tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

10 days
Days of operational coverage

Defensive Assets

€1.97 Million
Cash + ST Investments + Receivables

Daily Cash Need

€205.16K
Current Liabilities ÷ 365

Current Liabilities

€74.89 Million
EUR

Mynaric AG Defensive Interval Ratio (2013–2023)

This chart shows how Mynaric AG's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of December 2023, the ratio stands at 10 days, meaning defensive assets of €1.97 Million can fund 10 days of operations without new revenue. Also explore Mynaric AG net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mynaric AG (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for Mynaric AG from 2013 to 2023, covering 11 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 value of Mynaric AG.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 10 days €1.97 Million €205.16K/day €- €- ▼ -20 days
2022 29 days €3.49 Million €118.38K/day €- €172.00K ▲ +58 days
2021 -29 days €-1.07 Million €37.60K/day €- €48.00K ▼ -54 days
2020 26 days €627.00K €24.37K/day €- €77.00K ▲ +60 days
2019 -34 days €-351.00K €10.30K/day €- €782.00K ▼ -199 days
2018 165 days €1.22 Million €7.40K/day €- €903.85K ▲ +29 days
2017 136 days €559.61K €4.11K/day €- €- ▼ -3 days
2016 139 days €501.74K €3.62K/day €- €- ▼ -2884 days
2015 3023 days €205.41K €67.95/day €- €- ▲ +2945 days
2014 78 days €278.57K €3.57K/day €- €- ▲ +78 days
2013 1 days €1.36K €2.60K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)