Arion banki hf Defensive Interval Ratio

Latest as of December 2022: 2 days

Arion banki hf defensive interval ratio. Arion banki hf (ARION) has a Defensive Interval Ratio of 2 days as of December 2022. Defensive assets of Ikr5.25 Billion (cash Ikr-, short-term investments Ikr-, receivables Ikr5.25 Billion) cover 2 days of daily cash needs of Ikr2.28 Billion/day. See working capital position of Arion banki hf to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

Ikr5.25 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Ikr2.28 Billion
Current Liabilities ÷ 365

Current Liabilities

Ikr832.90 Billion
ISK

Defensive Interval Ratio of Arion banki hf (2015–2022)

Defensive interval ratio of Arion banki hf from 2015 to 2022. This chart shows how Arion banki hf's Defensive Interval Ratio has evolved across 8 annual periods from 2015 to 2022. As of December 2022, the ratio stands at 2 days, meaning defensive assets of Ikr5.25 Billion can fund 2 days of operations without new revenue. Read ARION current and long-term liabilities for a breakdown of total debt and financial obligations.

Arion banki hf Defensive Interval Ratio by Year (2015–2022)

Arion banki hf defensive interval ratio by year from 2015 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Arion banki hf from 2015 to 2022, covering 8 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 the complete balance sheet picture, see ARION total assets.

Year DIR (days) Defensive Assets (ISK) Daily Cash Need Cash ST Investments Change (days)
2022 2 days Ikr5.25 Billion Ikr2.28 Billion/day Ikr- Ikr- ▼ 0 days
2021 3 days Ikr5.10 Billion Ikr2.04 Billion/day Ikr- Ikr- ▼ 0 days
2020 3 days Ikr5.22 Billion Ikr1.80 Billion/day Ikr- Ikr- ▲ +1 days
2019 2 days Ikr3.62 Billion Ikr1.57 Billion/day Ikr- Ikr- ▼ 0 days
2018 2 days Ikr3.75 Billion Ikr1.55 Billion/day Ikr- Ikr- ▼ -2 days
2017 4 days Ikr6.53 Billion Ikr1.53 Billion/day Ikr- Ikr- ▲ +0 days
2016 4 days Ikr5.37 Billion Ikr1.28 Billion/day Ikr- Ikr- ▲ +3 days
2015 2 days Ikr2.43 Billion Ikr1.46 Billion/day Ikr- Ikr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)