Novo Nordisk A/S (NOVO-B) — Defensive Interval Ratio
Novo Nordisk A/S (NOVO-B) has a Defensive Interval Ratio of 129 days as of December 2025. Defensive assets of Dkr76.20 Billion (cash Dkr-, short-term investments Dkr498.00 Million, receivables Dkr75.70 Billion) cover 129 days of daily cash needs of Dkr590.85 Million/day. Check Novo Nordisk A/S tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Novo Nordisk A/S Defensive Interval Ratio (1985–2025)
This chart shows how Novo Nordisk A/S's Defensive Interval Ratio has evolved across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 129 days, meaning defensive assets of Dkr76.20 Billion can fund 129 days of operations without new revenue. Also explore Novo Nordisk A/S (NOVO-B) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Novo Nordisk A/S (1985–2025)
The table below presents the year-by-year Defensive Interval Ratio for Novo Nordisk A/S from 1985 to 2025, covering 41 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 NOVO-B market cap overview.
| Year | DIR (days) | Defensive Assets (DKK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 129 days | Dkr76.20 Billion | Dkr590.85 Million/day | Dkr- | Dkr498.00 Million | ▼ -36 days |
| 2024 | 165 days | Dkr98.07 Billion | Dkr595.97 Million/day | Dkr- | Dkr10.65 Billion | ▼ -9 days |
| 2023 | 173 days | Dkr80.61 Billion | Dkr464.81 Million/day | Dkr- | Dkr15.84 Billion | ▼ -71 days |
| 2022 | 245 days | Dkr81.08 Billion | Dkr331.34 Million/day | Dkr12.65 Billion | Dkr10.92 Billion | ▲ +9 days |
| 2021 | 236 days | Dkr64.28 Billion | Dkr272.65 Million/day | Dkr10.72 Billion | Dkr6.76 Billion | ▲ +2 days |
| 2020 | 233 days | Dkr44.94 Billion | Dkr192.53 Million/day | Dkr12.76 Billion | Dkr0.00 | ▼ -43 days |
| 2019 | 276 days | Dkr44.63 Billion | Dkr161.60 Million/day | Dkr15.47 Billion | Dkr- | ▼ -10 days |
| 2018 | 287 days | Dkr42.53 Billion | Dkr148.39 Million/day | Dkr15.64 Billion | Dkr- | ▼ -60 days |
| 2017 | 347 days | Dkr44.71 Billion | Dkr128.92 Million/day | Dkr18.85 Billion | Dkr2.30 Billion | ▲ +1 days |
| 2016 | 345 days | Dkr44.90 Billion | Dkr129.96 Million/day | Dkr18.69 Billion | Dkr2.01 Billion | ▼ -30 days |
| 2015 | 376 days | Dkr42.08 Billion | Dkr111.98 Million/day | Dkr16.92 Billion | Dkr3.54 Billion | ▼ -2 days |
| 2014 | 378 days | Dkr34.91 Billion | Dkr92.30 Million/day | Dkr14.40 Billion | Dkr1.51 Billion | ▼ -68 days |
| 2013 | 447 days | Dkr29.64 Billion | Dkr66.37 Million/day | Dkr10.73 Billion | Dkr3.74 Billion | ▼ -54 days |
| 2012 | 501 days | Dkr29.69 Billion | Dkr59.28 Million/day | Dkr11.55 Billion | Dkr4.55 Billion | ▼ -28 days |
| 2011 | 529 days | Dkr30.11 Billion | Dkr56.93 Million/day | Dkr13.41 Billion | Dkr4.09 Billion | ▲ +31 days |
| 2010 | 498 days | Dkr25.20 Billion | Dkr50.62 Million/day | Dkr12.02 Billion | Dkr4.03 Billion | ▼ -65 days |
| 2009 | 563 days | Dkr20.69 Billion | Dkr36.75 Million/day | Dkr11.30 Billion | Dkr1.53 Billion | ▲ +31 days |
| 2008 | 531 days | Dkr18.91 Billion | Dkr35.58 Million/day | Dkr8.80 Billion | Dkr1.38 Billion | ▲ +28 days |
| 2007 | 503 days | Dkr14.70 Billion | Dkr29.20 Million/day | Dkr4.83 Billion | Dkr2.56 Billion | ▲ +87 days |
| 2006 | 417 days | Dkr11.60 Billion | Dkr27.84 Million/day | Dkr3.27 Billion | Dkr1.83 Billion | ▲ +32 days |
| 2005 | 385 days | Dkr11.14 Billion | Dkr28.95 Million/day | Dkr3.30 Billion | Dkr1.72 Billion | ▼ -41 days |
| 2004 | 426 days | Dkr8.56 Billion | Dkr20.09 Million/day | Dkr3.46 Billion | Dkr532.32 Million | ▲ +15 days |
| 2003 | 411 days | Dkr7.49 Billion | Dkr18.21 Million/day | Dkr1.27 Billion | Dkr1.83 Billion | ▲ +17 days |
| 2002 | 394 days | Dkr6.44 Billion | Dkr16.33 Million/day | Dkr1.42 Billion | Dkr318.50 Million | ▼ -58 days |
| 2001 | 453 days | Dkr7.43 Billion | Dkr16.41 Million/day | Dkr- | Dkr1.40 Billion | ▲ +185 days |
| 2000 | 268 days | Dkr4.71 Billion | Dkr17.58 Million/day | Dkr- | Dkr- | ▼ -95 days |
| 1999 | 363 days | Dkr6.53 Billion | Dkr17.99 Million/day | Dkr- | Dkr- | ▼ -17 days |
| 1998 | 380 days | Dkr5.70 Billion | Dkr15.03 Million/day | Dkr- | Dkr- | ▲ +52 days |
| 1997 | 328 days | Dkr4.77 Billion | Dkr14.56 Million/day | Dkr- | Dkr- | ▼ -236 days |
| 1996 | 563 days | Dkr5.67 Billion | Dkr10.06 Million/day | Dkr- | Dkr- | ▲ +159 days |
| 1995 | 404 days | Dkr4.36 Billion | Dkr10.79 Million/day | Dkr- | Dkr- | ▲ +82 days |
| 1994 | 322 days | Dkr4.04 Billion | Dkr12.54 Million/day | Dkr- | Dkr- | ▲ +180 days |
| 1993 | 142 days | Dkr1.44 Billion | Dkr10.11 Million/day | Dkr- | Dkr- | ▼ -188 days |
| 1992 | 330 days | Dkr3.09 Billion | Dkr9.38 Million/day | Dkr- | Dkr- | ▲ +230 days |
| 1991 | 100 days | Dkr1.05 Billion | Dkr10.56 Million/day | Dkr- | Dkr- | ▲ +2 days |
| 1990 | 97 days | Dkr1.11 Billion | Dkr11.42 Million/day | Dkr- | Dkr- | ▼ -114 days |
| 1989 | 212 days | Dkr2.12 Billion | Dkr9.99 Million/day | Dkr- | Dkr- | ▲ +45 days |
| 1988 | 167 days | Dkr1.24 Billion | Dkr7.47 Million/day | Dkr- | Dkr- | ▼ -23 days |
| 1987 | 190 days | Dkr1.10 Billion | Dkr5.80 Million/day | Dkr- | Dkr- | ▼ -1 days |
| 1986 | 191 days | Dkr1.15 Billion | Dkr6.02 Million/day | Dkr- | Dkr- | ▼ -12 days |
| 1985 | 202 days | Dkr888.33 Million | Dkr4.39 Million/day | Dkr- | Dkr- | — |