Groenlandsbanken AS (GRLA) — Defensive Interval Ratio

Latest as of June 2025: 0 days

Groenlandsbanken AS (GRLA) has a Defensive Interval Ratio of 0 days as of June 2025. Defensive assets of Dkr6.04 Million (cash Dkr-, short-term investments Dkr-, receivables Dkr6.04 Million) cover 0 days of daily cash needs of Dkr21.70 Million/day.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

Dkr6.04 Million
Cash + ST Investments + Receivables

Daily Cash Need

Dkr21.70 Million
Current Liabilities ÷ 365

Current Liabilities

Dkr7.92 Billion
DKK

Groenlandsbanken AS Defensive Interval Ratio (2013–2024)

This chart shows how Groenlandsbanken AS's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2024. As of June 2025, the ratio stands at 0 days, meaning defensive assets of Dkr6.04 Million can fund 0 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Groenlandsbanken AS.

Annual Defensive Interval Ratio for Groenlandsbanken AS (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Groenlandsbanken AS from 2013 to 2024, 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. See GRLA working capital ratio 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)
2024 0 days Dkr4.82 Million Dkr21.45 Million/day Dkr- Dkr- ▼ 0 days
2023 0 days Dkr4.43 Million Dkr18.98 Million/day Dkr- Dkr- ▲ +0 days
2022 0 days Dkr3.98 Million Dkr17.36 Million/day Dkr- Dkr- ▼ 0 days
2021 0 days Dkr3.83 Million Dkr15.68 Million/day Dkr- Dkr- ▼ 0 days
2020 0 days Dkr4.76 Million Dkr16.63 Million/day Dkr- Dkr- ▲ +0 days
2019 0 days Dkr3.41 Million Dkr15.89 Million/day Dkr- Dkr- ▼ -42 days
2018 42 days Dkr567.44 Million Dkr13.59 Million/day Dkr- Dkr- ▲ +12 days
2017 29 days Dkr340.44 Million Dkr11.54 Million/day Dkr- Dkr- ▼ -74 days
2016 104 days Dkr1.37 Billion Dkr13.21 Million/day Dkr- Dkr- ▲ +63 days
2015 41 days Dkr530.00 Million Dkr12.99 Million/day Dkr- Dkr- ▼ -5786 days
2013 5827 days Dkr50.00 Million Dkr8.58K/day Dkr- Dkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)