Nordfyns Bank A/S (NRDF) — Defensive Interval Ratio

Latest as of September 2024: -21466 days

Nordfyns Bank A/S (NRDF) has a Defensive Interval Ratio of -21466 days as of September 2024. Defensive assets of Dkr-2.61 Billion (cash Dkr-, short-term investments Dkr-2.61 Billion, receivables Dkr-) cover -21466 days of daily cash needs of Dkr121.79K/day. See working capital position of Nordfyns Bank A/S to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

-21466 days
Days of operational coverage

Defensive Assets

Dkr-2.61 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Dkr121.79K
Current Liabilities ÷ 365

Current Liabilities

Dkr44.45 Million
DKK

Nordfyns Bank A/S Defensive Interval Ratio (2005–2022)

This chart shows how Nordfyns Bank A/S's Defensive Interval Ratio has evolved across 15 annual periods from 2005 to 2022. As of September 2024, the ratio stands at -21466 days, meaning defensive assets of Dkr-2.61 Billion can fund -21466 days of operations without new revenue. See Nordfyns Bank A/S balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Nordfyns Bank A/S (2005–2022)

The table below presents the year-by-year Defensive Interval Ratio for Nordfyns Bank A/S from 2005 to 2022, covering 15 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 Nordfyns Bank A/S.

Year DIR (days) Defensive Assets (DKK) Daily Cash Need Cash ST Investments Change (days)
2022 178 days Dkr20.91 Million Dkr117.42K/day Dkr- Dkr- ▼ -528 days
2021 706 days Dkr32.19 Million Dkr45.58K/day Dkr- Dkr- ▲ +56 days
2020 650 days Dkr25.61 Million Dkr39.41K/day Dkr- Dkr- ▼ -35 days
2019 685 days Dkr43.85 Million Dkr63.99K/day Dkr- Dkr22.39 Million ▼ -508 days
2018 1193 days Dkr49.92 Million Dkr41.83K/day Dkr- Dkr22.15 Million ▲ +680 days
2017 514 days Dkr19.44 Million Dkr37.84K/day Dkr- Dkr1.12 Million ▲ +220 days
2016 294 days Dkr17.71 Million Dkr60.28K/day Dkr- Dkr- ▲ +40 days
2015 253 days Dkr11.96 Million Dkr47.18K/day Dkr- Dkr- ▲ +194 days
2014 59 days Dkr3.57 Million Dkr60.22K/day Dkr- Dkr- ▼ -26 days
2013 85 days Dkr6.80 Million Dkr80.08K/day Dkr- Dkr- ▼ -5 days
2012 89 days Dkr7.09 Million Dkr79.24K/day Dkr- Dkr- ▲ +48 days
2008 42 days Dkr195.03 Million Dkr4.69 Million/day Dkr- Dkr- ▼ 0 days
2007 42 days Dkr166.18 Million Dkr4.00 Million/day Dkr- Dkr- ▼ -19 days
2006 61 days Dkr211.11 Million Dkr3.47 Million/day Dkr- Dkr- ▼ -7 days
2005 68 days Dkr203.97 Million Dkr3.00 Million/day Dkr- Dkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)