Spar Nord Bank (SPNO) — Defensive Interval Ratio

Latest as of June 2024: -31 days

Spar Nord Bank (SPNO) has a Defensive Interval Ratio of -31 days as of June 2024. Defensive assets of Dkr-5.44 Billion (cash Dkr-, short-term investments Dkr-5.44 Billion, receivables Dkr-) cover -31 days of daily cash needs of Dkr173.48 Million/day. Check Spar Nord Bank (SPNO) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

-31 days
Days of operational coverage

Defensive Assets

Dkr-5.44 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Dkr173.48 Million
Current Liabilities ÷ 365

Current Liabilities

Dkr63.32 Billion
DKK

Spar Nord Bank Defensive Interval Ratio (2007–2022)

This chart shows how Spar Nord Bank's Defensive Interval Ratio has evolved across 12 annual periods from 2007 to 2022. As of June 2024, the ratio stands at -31 days, meaning defensive assets of Dkr-5.44 Billion can fund -31 days of operations without new revenue. Also explore Spar Nord Bank equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Spar Nord Bank (2007–2022)

The table below presents the year-by-year Defensive Interval Ratio for Spar Nord Bank from 2007 to 2022, covering 12 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 SPNO market cap overview.

Year DIR (days) Defensive Assets (DKK) Daily Cash Need Cash ST Investments Change (days)
2022 2495 days Dkr540.00 Million Dkr216.44K/day Dkr- Dkr- ▼ -3234 days
2021 5728 days Dkr565.00 Million Dkr98.63K/day Dkr- Dkr- ▼ -3546 days
2020 9274 days Dkr559.00 Million Dkr60.27K/day Dkr- Dkr- ▼ -135311 days
2019 144586 days Dkr9.51 Billion Dkr65.75K/day Dkr- Dkr9.08 Billion ▲ +20344 days
2018 124242 days Dkr6.13 Billion Dkr49.32K/day Dkr- Dkr5.71 Billion ▼ -174511 days
2017 298753 days Dkr9.82 Billion Dkr32.88K/day Dkr- Dkr9.47 Billion ▲ +169139 days
2016 129614 days Dkr6.68 Billion Dkr51.51K/day Dkr- Dkr6.25 Billion ▲ +90556 days
2015 39058 days Dkr4.83 Billion Dkr123.56K/day Dkr- Dkr4.16 Billion ▲ +35843 days
2014 3215 days Dkr1.09 Billion Dkr340.00K/day Dkr- Dkr463.80 Million ▼ -616 days
2013 3831 days Dkr2.17 Billion Dkr565.48K/day Dkr- Dkr1.79 Billion ▲ +2912 days
2012 919 days Dkr579.30 Million Dkr630.68K/day Dkr- Dkr115.50 Million ▲ +839 days
2007 80 days Dkr6.00 Billion Dkr75.03 Million/day Dkr- Dkr590.14 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)