Nordea Bank Abp (NDA-FI) — Defensive Interval Ratio

Latest as of June 2024: -125 days

Nordea Bank Abp (NDA-FI) has a Defensive Interval Ratio of -125 days as of June 2024. Defensive assets of €-87.82 Billion (cash €-, short-term investments €-87.82 Billion, receivables €-) cover -125 days of daily cash needs of €704.09 Million/day.

Defensive Interval Ratio

-125 days
Days of operational coverage

Defensive Assets

€-87.82 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€704.09 Million
Current Liabilities ÷ 365

Current Liabilities

€256.99 Billion
EUR

Nordea Bank Abp Defensive Interval Ratio (2005–2022)

This chart shows how Nordea Bank Abp's Defensive Interval Ratio has evolved across 18 annual periods from 2005 to 2022. As of June 2024, the ratio stands at -125 days, meaning defensive assets of €-87.82 Billion can fund -125 days of operations without new revenue. For the complete balance sheet picture, see Nordea Bank Abp (NDA-FI) total assets.

Annual Defensive Interval Ratio for Nordea Bank Abp (2005–2022)

The table below presents the year-by-year Defensive Interval Ratio for Nordea Bank Abp from 2005 to 2022, covering 18 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 NDA-FI working capital efficiency 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)
2022 0 days €211.00 Million €628.35 Million/day €- €- ▼ -12 days
2021 12 days €7.19 Billion €590.68 Million/day €- €- ▼ -9 days
2020 21 days €10.94 Billion €521.90 Million/day €- €- ▼ -29 days
2019 50 days €29.24 Billion €588.92 Million/day €- €18.89 Billion ▲ +1 days
2018 48 days €27.47 Billion €569.96 Million/day €- €16.71 Billion ▲ +4 days
2017 44 days €26.06 Billion €585.85 Million/day €- €16.29 Billion ▼ -20 days
2016 65 days €35.13 Billion €543.46 Million/day €- €19.18 Billion ▼ -18 days
2015 82 days €47.84 Billion €580.23 Million/day €- €32.27 Billion ▲ +65 days
2014 18 days €12.07 Billion €683.58 Million/day €- €- ▼ -15 days
2013 33 days €19.49 Billion €593.62 Million/day €- €11.77 Billion ▲ +19 days
2012 14 days €9.56 Billion €708.26 Million/day €- €- ▼ 0 days
2011 14 days €8.20 Billion €589.33 Million/day €- €- ▲ +5 days
2010 9 days €4.96 Billion €547.82 Million/day €- €- ▲ +0 days
2009 9 days €4.41 Billion €504.08 Million/day €- €- ▼ -14 days
2008 22 days €10.63 Billion €474.28 Million/day €- €- ▲ +18 days
2007 4 days €1.92 Billion €451.03 Million/day €- €- ▼ -8 days
2006 12 days €5.11 Billion €409.74 Million/day €- €3.70 Billion ▲ +1 days
2005 11 days €4.28 Billion €373.14 Million/day €- €2.95 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)