Kvika banki hf (KVIKA) — Defensive Interval Ratio
Kvika banki hf (KVIKA) has a Defensive Interval Ratio of 13 days as of June 2023. Defensive assets of Ikr5.89 Billion (cash Ikr-, short-term investments Ikr-, receivables Ikr5.89 Billion) cover 13 days of daily cash needs of Ikr459.48 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Kvika banki hf Defensive Interval Ratio (2015–2022)
This chart shows how Kvika banki hf's Defensive Interval Ratio has evolved across 8 annual periods from 2015 to 2022. As of June 2023, the ratio stands at 13 days, meaning defensive assets of Ikr5.89 Billion can fund 13 days of operations without new revenue. For the complete balance sheet picture, see total assets of Kvika banki hf.
Annual Defensive Interval Ratio for Kvika banki hf (2015–2022)
The table below presents the year-by-year Defensive Interval Ratio for Kvika 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. See Kvika banki hf (KVIKA) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (ISK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 21 days | Ikr8.26 Billion | Ikr395.18 Million/day | Ikr- | Ikr- | ▼ -13 days |
| 2021 | 34 days | Ikr9.76 Billion | Ikr286.24 Million/day | Ikr- | Ikr- | ▲ +13 days |
| 2020 | 21 days | Ikr5.43 Billion | Ikr260.76 Million/day | Ikr- | Ikr- | ▲ +3 days |
| 2019 | 17 days | Ikr3.97 Billion | Ikr228.25 Million/day | Ikr- | Ikr- | ▲ +7 days |
| 2018 | 10 days | Ikr1.89 Billion | Ikr188.06 Million/day | Ikr- | Ikr- | ▲ +0 days |
| 2017 | 10 days | Ikr1.66 Billion | Ikr167.74 Million/day | Ikr- | Ikr- | ▲ +5 days |
| 2016 | 5 days | Ikr716.36 Million | Ikr140.74 Million/day | Ikr- | Ikr- | ▲ +1 days |
| 2015 | 4 days | Ikr625.19 Million | Ikr148.66 Million/day | Ikr- | Ikr- | — |