Medigene AG (MDG1) — Defensive Interval Ratio

Latest as of June 2024: 28 days

Medigene AG (MDG1) has a Defensive Interval Ratio of 28 days as of June 2024. Defensive assets of €499.00K (cash €-, short-term investments €-, receivables €499.00K) cover 28 days of daily cash needs of €17.90K/day. Check how tangible is Medigene AG's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

28 days
Days of operational coverage

Defensive Assets

€499.00K
Cash + ST Investments + Receivables

Daily Cash Need

€17.90K
Current Liabilities ÷ 365

Current Liabilities

€6.53 Million
EUR

Medigene AG Defensive Interval Ratio (2008–2023)

This chart shows how Medigene AG's Defensive Interval Ratio has evolved across 16 annual periods from 2008 to 2023. As of June 2024, the ratio stands at 28 days, meaning defensive assets of €499.00K can fund 28 days of operations without new revenue. Also explore MDG1 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Medigene AG (2008–2023)

The table below presents the year-by-year Defensive Interval Ratio for Medigene AG from 2008 to 2023, covering 16 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 Medigene AG (MDG1) total market value.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 428 days €8.42 Million €19.67K/day €- €8.00 Million ▼ -1367 days
2022 1795 days €36.46 Million €20.32K/day €22.22 Million €11.00 Million ▲ +716 days
2021 1079 days €23.75 Million €22.01K/day €22.42 Million €- ▼ -34 days
2020 1113 days €30.90 Million €27.76K/day €30.03 Million €- ▼ -856 days
2019 1969 days €55.15 Million €28.01K/day €34.68 Million €20.00 Million ▼ -191 days
2018 2160 days €52.20 Million €24.17K/day €27.41 Million €24.00 Million ▲ +172 days
2017 1988 days €53.42 Million €26.87K/day €27.72 Million €24.00 Million ▲ +347 days
2016 1641 days €53.80 Million €32.78K/day €14.63 Million €38.00 Million ▲ +177 days
2015 1464 days €38.76 Million €26.48K/day €- €38.00 Million ▲ +1245 days
2014 219 days €4.66 Million €21.25K/day €- €180.00K ▲ +48 days
2013 172 days €2.40 Million €13.95K/day €- €154.00K ▲ +45 days
2012 127 days €1.50 Million €11.83K/day €- €362.00K ▼ -17 days
2011 144 days €1.90 Million €13.22K/day €- €- ▲ +39 days
2010 104 days €4.91 Million €47.00K/day €- €- ▲ +84 days
2009 20 days €749.00K €37.28K/day €- €- ▼ -173 days
2008 193 days €8.18 Million €42.35K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)