NEL ASA ADR/30 NK -20 (D7GA) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see D7GA asset base.
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. See D7GA working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| 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 | — |