Norsk Hydro ASA (NOHA) — Defensive Interval Ratio

Latest as of March 2026: 353 days

Norsk Hydro ASA (NOHA) has a Defensive Interval Ratio of 353 days as of March 2026. Defensive assets of €42.45 Billion (cash €-, short-term investments €11.07 Billion, receivables €31.38 Billion) cover 353 days of daily cash needs of €120.35 Million/day. See NOHA working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

353 days
Days of operational coverage

Defensive Assets

€42.45 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€120.35 Million
Current Liabilities ÷ 365

Current Liabilities

€43.93 Billion
EUR

Norsk Hydro ASA Defensive Interval Ratio (2016–2025)

This chart shows how Norsk Hydro ASA's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 353 days, meaning defensive assets of €42.45 Billion can fund 353 days of operations without new revenue. See debt-free asset ratio of Norsk Hydro ASA to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Norsk Hydro ASA (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Norsk Hydro ASA from 2016 to 2025, covering 10 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 Norsk Hydro ASA market cap and net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 228 days €29.40 Billion €129.16 Million/day €- €11.66 Billion ▲ +61 days
2024 167 days €22.57 Billion €135.37 Million/day €- €1.72 Billion ▲ +12 days
2023 155 days €18.66 Billion €120.64 Million/day €- €1.86 Billion ▼ -16 days
2022 171 days €20.05 Billion €117.28 Million/day €- €1.89 Billion ▼ -23 days
2021 194 days €21.00 Billion €108.41 Million/day €- €3.65 Billion ▼ -50 days
2020 243 days €19.36 Billion €79.58 Million/day €- €3.61 Billion ▼ -10 days
2019 253 days €20.56 Billion €81.35 Million/day €- €1.60 Billion ▲ +23 days
2018 230 days €22.52 Billion €98.13 Million/day €- €1.78 Billion ▼ -10 days
2017 240 days €21.89 Billion €91.33 Million/day €- €1.91 Billion ▼ -101 days
2016 340 days €15.95 Billion €46.87 Million/day €- €5.07 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)