Íslandsbanki hf. (ISB) — Defensive Interval Ratio

Latest as of March 2023: 1 days

Íslandsbanki hf. (ISB) has a Defensive Interval Ratio of 1 days as of March 2023. Defensive assets of Ikr1.36 Billion (cash Ikr-, short-term investments Ikr-, receivables Ikr1.36 Billion) cover 1 days of daily cash needs of Ikr2.53 Billion/day. Check ISB goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

Ikr1.36 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Ikr2.53 Billion
Current Liabilities ÷ 365

Current Liabilities

Ikr922.46 Billion
ISK

Íslandsbanki hf. Defensive Interval Ratio (2017–2022)

This chart shows how Íslandsbanki hf.'s Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of March 2023, the ratio stands at 1 days, meaning defensive assets of Ikr1.36 Billion can fund 1 days of operations without new revenue. Also explore Íslandsbanki hf. net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Íslandsbanki hf. (2017–2022)

The table below presents the year-by-year Defensive Interval Ratio for Íslandsbanki hf. from 2017 to 2022, covering 6 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 how much is Íslandsbanki hf. worth.

Year DIR (days) Defensive Assets (ISK) Daily Cash Need Cash ST Investments Change (days)
2022 1 days Ikr1.80 Billion Ikr2.50 Billion/day Ikr- Ikr- ▲ +0 days
2021 1 days Ikr1.68 Billion Ikr2.35 Billion/day Ikr- Ikr- ▼ 0 days
2020 1 days Ikr1.77 Billion Ikr2.10 Billion/day Ikr- Ikr- ▼ -2 days
2019 3 days Ikr5.29 Billion Ikr1.92 Billion/day Ikr- Ikr- ▼ 0 days
2018 3 days Ikr5.79 Billion Ikr1.84 Billion/day Ikr- Ikr- ▼ -1 days
2017 4 days Ikr6.74 Billion Ikr1.79 Billion/day Ikr- Ikr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)