Sjóvá-Almennar tryggingar hf (SJOVA) — Defensive Interval Ratio

Latest as of June 2023: 15 days

Sjóvá-Almennar tryggingar hf (SJOVA) has a Defensive Interval Ratio of 15 days as of June 2023. Defensive assets of Ikr1.58 Billion (cash Ikr-, short-term investments Ikr-, receivables Ikr1.58 Billion) cover 15 days of daily cash needs of Ikr105.87 Million/day.

Defensive Interval Ratio

15 days
Days of operational coverage

Defensive Assets

Ikr1.58 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Ikr105.87 Million
Current Liabilities ÷ 365

Current Liabilities

Ikr38.64 Billion
ISK

Sjóvá-Almennar tryggingar hf Defensive Interval Ratio (2014–2022)

This chart shows how Sjóvá-Almennar tryggingar hf's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 15 days, meaning defensive assets of Ikr1.58 Billion can fund 15 days of operations without new revenue. For the complete balance sheet picture, see Sjóvá-Almennar tryggingar hf (SJOVA) total assets.

Annual Defensive Interval Ratio for Sjóvá-Almennar tryggingar hf (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Sjóvá-Almennar tryggingar hf from 2014 to 2022, covering 9 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 working capital to net assets of Sjóvá-Almennar tryggingar hf 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 89 days Ikr7.66 Billion Ikr86.54 Million/day Ikr- Ikr- ▲ +3 days
2021 85 days Ikr6.91 Billion Ikr81.21 Million/day Ikr- Ikr- ▼ -8 days
2020 93 days Ikr6.73 Billion Ikr71.97 Million/day Ikr- Ikr- ▲ +3 days
2019 90 days Ikr5.93 Billion Ikr65.85 Million/day Ikr- Ikr- ▼ -2 days
2018 92 days Ikr5.24 Billion Ikr56.75 Million/day Ikr- Ikr- ▲ +9 days
2017 83 days Ikr4.54 Billion Ikr54.37 Million/day Ikr- Ikr- ▲ +1 days
2016 83 days Ikr4.02 Billion Ikr48.65 Million/day Ikr- Ikr- ▲ +3 days
2015 80 days Ikr3.79 Billion Ikr47.53 Million/day Ikr- Ikr- ▲ +27 days
2014 53 days Ikr3.37 Billion Ikr63.89 Million/day Ikr- Ikr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)