Svitzer Group A/S (SVITZR) — Defensive Interval Ratio

Latest as of June 2024: 296 days

Svitzer Group A/S (SVITZR) has a Defensive Interval Ratio of 296 days as of June 2024. Defensive assets of Dkr826.00 Million (cash Dkr-, short-term investments Dkr-, receivables Dkr826.00 Million) cover 296 days of daily cash needs of Dkr2.79 Million/day. Check SVITZR tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

296 days
Days of operational coverage

Defensive Assets

Dkr826.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

Dkr2.79 Million
Current Liabilities ÷ 365

Current Liabilities

Dkr1.02 Billion
DKK

Svitzer Group A/S Defensive Interval Ratio (2021–2023)

This chart shows how Svitzer Group A/S's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at 296 days, meaning defensive assets of Dkr826.00 Million can fund 296 days of operations without new revenue. Also explore Svitzer Group A/S (SVITZR) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Svitzer Group A/S (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for Svitzer Group A/S from 2021 to 2023, covering 3 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 SVITZR market cap.

Year DIR (days) Defensive Assets (DKK) Daily Cash Need Cash ST Investments Change (days)
2023 46 days Dkr876.00 Million Dkr19.01 Million/day Dkr- Dkr- ▼ -179 days
2022 225 days Dkr713.00 Million Dkr3.17 Million/day Dkr- Dkr- ▲ +72 days
2021 153 days Dkr608.00 Million Dkr3.97 Million/day Dkr- Dkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)