NOVOZYMES A/S SPONS.ADR 1 (NZM) — Defensive Interval Ratio
NOVOZYMES A/S SPONS.ADR 1 (NZM) has a Defensive Interval Ratio of 227 days as of March 2026. Defensive assets of €758.60 Million (cash €-, short-term investments €2.20 Million, receivables €756.40 Million) cover 227 days of daily cash needs of €3.35 Million/day. Check NOVOZYMES A/S SPONS.ADR 1 (NZM) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
NOVOZYMES A/S SPONS.ADR 1 Defensive Interval Ratio (2021–2025)
This chart shows how NOVOZYMES A/S SPONS.ADR 1's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 227 days, meaning defensive assets of €758.60 Million can fund 227 days of operations without new revenue. Also explore NZM year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for NOVOZYMES A/S SPONS.ADR 1 (2021–2025)
The table below presents the year-by-year Defensive Interval Ratio for NOVOZYMES A/S SPONS.ADR 1 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 NZM market cap.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 98 days | €736.80 Million | €7.51 Million/day | €- | €20.30 Million | ▼ -126 days |
| 2024 | 225 days | €669.60 Million | €2.98 Million/day | €- | €4.00 Million | ▲ +36 days |
| 2023 | 188 days | €502.10 Million | €2.66 Million/day | €- | €5.40 Million | ▲ +3 days |
| 2022 | 185 days | €474.30 Million | €2.56 Million/day | €- | €10.74 Million | ▼ -9 days |
| 2021 | 194 days | €406.47 Million | €2.09 Million/day | €- | €10.08 Million | — |