Nokian Renkaat Oyj (TYRES) — Defensive Interval Ratio

Latest as of June 2025: 335 days

Nokian Renkaat Oyj (TYRES) has a Defensive Interval Ratio of 335 days as of June 2025. Defensive assets of €518.30 Million (cash €124.90 Million, short-term investments €-, receivables €393.40 Million) cover 335 days of daily cash needs of €1.55 Million/day. Check tangible equity quality of Nokian Renkaat Oyj to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

335 days
Days of operational coverage

Defensive Assets

€518.30 Million
Cash + ST Investments + Receivables

Daily Cash Need

€1.55 Million
Current Liabilities ÷ 365

Current Liabilities

€564.90 Million
EUR

Nokian Renkaat Oyj Defensive Interval Ratio (2000–2024)

This chart shows how Nokian Renkaat Oyj's Defensive Interval Ratio has evolved across 25 annual periods from 2000 to 2024. As of June 2025, the ratio stands at 335 days, meaning defensive assets of €518.30 Million can fund 335 days of operations without new revenue. Also explore Nokian Renkaat Oyj (TYRES) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nokian Renkaat Oyj (2000–2024)

The table below presents the year-by-year Defensive Interval Ratio for Nokian Renkaat Oyj from 2000 to 2024, covering 25 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 Nokian Renkaat Oyj stock valuation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 300 days €332.80 Million €1.11 Million/day €0.00 €- ▲ +84 days
2023 216 days €269.20 Million €1.25 Million/day €50.70 Million €- ▼ -7 days
2022 223 days €341.10 Million €1.53 Million/day €0.00 €-14.40 Million ▼ -88 days
2021 311 days €401.10 Million €1.29 Million/day €50.00 Million €-6.20 Million ▲ +78 days
2020 234 days €335.90 Million €1.44 Million/day €0.00 €-5.80 Million ▼ -359 days
2019 593 days €481.50 Million €812.05K/day €0.00 €-38.80 Million ▲ +228 days
2018 365 days €568.00 Million €1.55 Million/day €83.10 Million €-7.30 Million ▼ -418 days
2017 783 days €522.80 Million €667.40K/day €29.90 Million €-8.90 Million ▲ +299 days
2016 485 days €436.30 Million €900.00K/day €- €-10.40 Million ▼ -61 days
2015 546 days €426.60 Million €781.10K/day €- €-8.80 Million ▼ -13 days
2014 559 days €432.00 Million €772.60K/day €- €25.70 Million ▲ +170 days
2013 390 days €474.70 Million €1.22 Million/day €- €-11.40 Million ▼ -308 days
2012 698 days €422.20 Million €604.93K/day €- €-18.20 Million ▲ +713 days
2011 -15 days €-18.00 Million €1.23 Million/day €- €-17.90 Million ▼ -630 days
2010 615 days €318.60 Million €517.81K/day €- €-20.60 Million ▼ -81 days
2009 696 days €338.70 Million €486.30K/day €- €1.60 Million ▲ +10 days
2008 687 days €409.80 Million €596.71K/day €- €14.80 Million ▲ +27 days
2007 659 days €291.60 Million €442.19K/day €- €1.90 Million ▲ +203 days
2006 456 days €243.90 Million €534.79K/day €- €- ▼ -101 days
2005 557 days €226.90 Million €407.40K/day €- €- ▼ -381 days
2004 938 days €397.90 Million €424.11K/day €- €251.00 Million ▼ -88 days
2003 1026 days €103.52 Million €100.87K/day €- €- ▲ +755 days
2002 272 days €89.38 Million €329.02K/day €- €- ▲ +12 days
2001 259 days €83.32 Million €321.40K/day €- €- ▲ +11 days
2000 248 days €103.93 Million €418.84K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)