NorAm Drilling AS (TM9) — Defensive Interval Ratio
NorAm Drilling AS (TM9) has a Defensive Interval Ratio of 258 days as of December 2025. Defensive assets of €12.24 Million (cash €-, short-term investments €-, receivables €12.24 Million) cover 258 days of daily cash needs of €47.39K/day. See NorAm Drilling AS (TM9) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
NorAm Drilling AS Defensive Interval Ratio (2019–2025)
This chart shows how NorAm Drilling AS's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of December 2025, the ratio stands at 258 days, meaning defensive assets of €12.24 Million can fund 258 days of operations without new revenue. See TM9 net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for NorAm Drilling AS (2019–2025)
The table below presents the year-by-year Defensive Interval Ratio for NorAm Drilling AS from 2019 to 2025, covering 7 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 TM9 market cap.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 258 days | €12.24 Million | €47.39K/day | €- | €- | ▲ +33 days |
| 2024 | 225 days | €12.34 Million | €54.72K/day | €- | €- | ▲ +26 days |
| 2023 | 199 days | €11.30 Million | €56.70K/day | €- | €- | ▲ +31 days |
| 2022 | 169 days | €14.80 Million | €87.75K/day | €- | €- | ▼ -183 days |
| 2021 | 351 days | €6.14 Million | €17.48K/day | €- | €- | ▲ +60 days |
| 2020 | 291 days | €4.42 Million | €15.18K/day | €- | €- | ▼ -136 days |
| 2019 | 428 days | €14.01 Million | €32.75K/day | €- | €- | — |