NEL ASA ADR/30 NK -20 (D7GA) — Defensive Interval Ratio

Latest as of March 2026: 116 days

NEL ASA ADR/30 NK -20 (D7GA) has a Defensive Interval Ratio of 116 days as of March 2026. Defensive assets of €198.68 Million (cash €-, short-term investments €-, receivables €198.68 Million) cover 116 days of daily cash needs of €1.71 Million/day. Check D7GA tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

116 days
Days of operational coverage

Defensive Assets

€198.68 Million
Cash + ST Investments + Receivables

Daily Cash Need

€1.71 Million
Current Liabilities ÷ 365

Current Liabilities

€623.33 Million
EUR

NEL ASA ADR/30 NK -20 Defensive Interval Ratio (2021–2025)

This chart shows how NEL ASA ADR/30 NK -20's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 116 days, meaning defensive assets of €198.68 Million can fund 116 days of operations without new revenue. Also explore net asset momentum of NEL ASA ADR/30 NK -20 to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for NEL ASA ADR/30 NK -20 (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for NEL ASA ADR/30 NK -20 from 2021 to 2025, covering 5 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 cap of NEL ASA ADR/30 NK -20.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 121 days €252.65 Million €2.10 Million/day €- €11.73 Million ▼ -135 days
2024 256 days €702.94 Million €2.75 Million/day €- €2.26 Million ▲ +26 days
2023 230 days €836.42 Million €3.64 Million/day €- €24.01 Million ▼ -79 days
2022 309 days €1.01 Billion €3.26 Million/day €- €547.16 Million ▼ -116 days
2021 424 days €819.51 Million €1.93 Million/day €- €608.10 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)