Alm. Brand (ALMB) — Defensive Interval Ratio

Latest as of June 2024: 6 days

Alm. Brand (ALMB) has a Defensive Interval Ratio of 6 days as of June 2024. Defensive assets of Dkr87.00 Million (cash Dkr-, short-term investments Dkr87.00 Million, receivables Dkr-) cover 6 days of daily cash needs of Dkr14.45 Million/day.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

Dkr87.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

Dkr14.45 Million
Current Liabilities ÷ 365

Current Liabilities

Dkr5.28 Billion
DKK

Alm. Brand Defensive Interval Ratio (2013–2022)

This chart shows how Alm. Brand's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2024, the ratio stands at 6 days, meaning defensive assets of Dkr87.00 Million can fund 6 days of operations without new revenue. For the complete balance sheet picture, see Alm. Brand (ALMB) total assets.

Annual Defensive Interval Ratio for Alm. Brand (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Alm. Brand from 2013 to 2022, covering 10 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 how liquid is Alm. Brand's working capital to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (DKK) Daily Cash Need Cash ST Investments Change (days)
2022 771 days Dkr820.00 Million Dkr1.06 Million/day Dkr- Dkr-342.00 Million ▼ -246 days
2021 1018 days Dkr276.00 Million Dkr271.23K/day Dkr- Dkr- ▲ +260 days
2020 758 days Dkr303.00 Million Dkr400.00K/day Dkr- Dkr- ▲ +31 days
2019 727 days Dkr241.00 Million Dkr331.51K/day Dkr- Dkr- ▲ +117 days
2018 610 days Dkr259.00 Million Dkr424.66K/day Dkr- Dkr- ▼ -389 days
2017 999 days Dkr238.00 Million Dkr238.36K/day Dkr- Dkr- ▼ -3516 days
2016 4514 days Dkr470.00 Million Dkr104.11K/day Dkr- Dkr266.00 Million ▲ +2833 days
2015 1681 days Dkr281.00 Million Dkr167.12K/day Dkr- Dkr82.00 Million ▼ -136 days
2014 1817 days Dkr234.00 Million Dkr128.77K/day Dkr- Dkr- ▲ +584 days
2013 1233 days Dkr402.00 Million Dkr326.03K/day Dkr- Dkr178.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)