Festi hf (FESTI) — Defensive Interval Ratio

Latest as of March 2026: 62 days

Festi hf (FESTI) has a Defensive Interval Ratio of 62 days as of March 2026. Defensive assets of Ikr5.10 Billion (cash Ikr-, short-term investments Ikr-, receivables Ikr5.10 Billion) cover 62 days of daily cash needs of Ikr82.75 Million/day. See working capital to net assets of Festi hf to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

62 days
Days of operational coverage

Defensive Assets

Ikr5.10 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Ikr82.75 Million
Current Liabilities ÷ 365

Current Liabilities

Ikr30.20 Billion
ISK

Festi hf Defensive Interval Ratio (2014–2025)

This chart shows how Festi hf's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 62 days, meaning defensive assets of Ikr5.10 Billion can fund 62 days of operations without new revenue. See FESTI net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Festi hf (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Festi hf from 2014 to 2025, covering 12 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 Festi hf market capitalisation.

Year DIR (days) Defensive Assets (ISK) Daily Cash Need Cash ST Investments Change (days)
2025 78 days Ikr5.64 Billion Ikr72.36 Million/day Ikr- Ikr- ▼ -32 days
2024 110 days Ikr7.30 Billion Ikr66.40 Million/day Ikr- Ikr- ▼ -2 days
2023 112 days Ikr5.98 Billion Ikr53.51 Million/day Ikr- Ikr- ▼ -16 days
2022 128 days Ikr5.96 Billion Ikr46.50 Million/day Ikr- Ikr- ▲ +10 days
2021 118 days Ikr4.76 Billion Ikr40.20 Million/day Ikr- Ikr- ▼ -4 days
2020 123 days Ikr4.92 Billion Ikr40.17 Million/day Ikr- Ikr- ▲ +12 days
2019 111 days Ikr4.48 Billion Ikr40.43 Million/day Ikr- Ikr- ▲ +11 days
2018 100 days Ikr3.93 Billion Ikr39.17 Million/day Ikr- Ikr- ▼ -138 days
2017 239 days Ikr2.85 Billion Ikr11.94 Million/day Ikr- Ikr- ▲ +60 days
2016 179 days Ikr2.40 Billion Ikr13.42 Million/day Ikr- Ikr- ▼ -32 days
2015 211 days Ikr2.45 Billion Ikr11.61 Million/day Ikr- Ikr- ▼ -58 days
2014 269 days Ikr3.55 Billion Ikr13.20 Million/day Ikr- Ikr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)