Nordic American Tankers Limited (B3O) — Defensive Interval Ratio

Latest as of December 2025: 103 days

Nordic American Tankers Limited (B3O) has a Defensive Interval Ratio of 103 days as of December 2025. Defensive assets of €19.04 Million (cash €-, short-term investments €-, receivables €19.04 Million) cover 103 days of daily cash needs of €184.71K/day. Check tangible equity quality of Nordic American Tankers Limited to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

103 days
Days of operational coverage

Defensive Assets

€19.04 Million
Cash + ST Investments + Receivables

Daily Cash Need

€184.71K
Current Liabilities ÷ 365

Current Liabilities

€67.42 Million
EUR

Nordic American Tankers Limited Defensive Interval Ratio (2013–2025)

This chart shows how Nordic American Tankers Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 103 days, meaning defensive assets of €19.04 Million can fund 103 days of operations without new revenue. Also explore B3O year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nordic American Tankers Limited (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Nordic American Tankers Limited from 2013 to 2025, covering 13 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 B3O company net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 103 days €19.04 Million €184.71K/day €- €- ▲ +4 days
2024 99 days €16.22 Million €163.79K/day €- €- ▼ -37 days
2023 136 days €26.29 Million €193.09K/day €- €- ▲ +34 days
2022 102 days €20.47 Million €200.73K/day €- €- ▲ +51 days
2021 51 days €9.37 Million €185.33K/day €- €- ▼ -8 days
2020 58 days €6.35 Million €108.71K/day €- €0.00 ▼ -99 days
2019 157 days €25.41 Million €161.72K/day €- €825.00K ▼ -70 days
2018 227 days €22.59 Million €99.42K/day €- €- ▼ -97 days
2017 324 days €22.47 Million €69.40K/day €- €- ▲ +17 days
2016 306 days €18.07 Million €58.97K/day €- €- ▼ -194 days
2015 500 days €28.60 Million €57.15K/day €- €- ▲ +251 days
2014 249 days €16.41 Million €65.85K/day €- €- ▼ -107 days
2013 356 days €18.80 Million €52.78K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)