Vátryggingafélag Íslands hf (SKAGI) — Defensive Interval Ratio

Latest as of June 2023: 22 days

Vátryggingafélag Íslands hf (SKAGI) has a Defensive Interval Ratio of 22 days as of June 2023. Defensive assets of Ikr1.74 Billion (cash Ikr-, short-term investments Ikr-, receivables Ikr1.74 Billion) cover 22 days of daily cash needs of Ikr79.68 Million/day.

Defensive Interval Ratio

22 days
Days of operational coverage

Defensive Assets

Ikr1.74 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Ikr79.68 Million
Current Liabilities ÷ 365

Current Liabilities

Ikr29.08 Billion
ISK

Vátryggingafélag Íslands hf Defensive Interval Ratio (2014–2022)

This chart shows how Vátryggingafélag Íslands hf's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 22 days, meaning defensive assets of Ikr1.74 Billion can fund 22 days of operations without new revenue. For the complete balance sheet picture, see Vátryggingafélag Íslands hf total assets.

Annual Defensive Interval Ratio for Vátryggingafélag Íslands hf (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Vátryggingafélag Íslands 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 SKAGI working capital 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 132 days Ikr7.09 Billion Ikr53.84 Million/day Ikr- Ikr- ▲ +11 days
2021 121 days Ikr6.52 Billion Ikr53.78 Million/day Ikr- Ikr- ▼ -7 days
2020 128 days Ikr6.50 Billion Ikr50.70 Million/day Ikr- Ikr- ▼ -31 days
2019 159 days Ikr8.17 Billion Ikr51.47 Million/day Ikr- Ikr657.71 Million ▲ +15 days
2018 144 days Ikr6.93 Billion Ikr48.07 Million/day Ikr- Ikr0.00 ▼ -23 days
2017 167 days Ikr10.94 Billion Ikr65.56 Million/day Ikr- Ikr4.76 Billion ▲ +67 days
2016 100 days Ikr6.63 Billion Ikr66.44 Million/day Ikr- Ikr927.44 Million ▲ +1 days
2015 99 days Ikr6.51 Billion Ikr65.92 Million/day Ikr- Ikr1.03 Billion ▲ +0 days
2014 99 days Ikr6.23 Billion Ikr63.15 Million/day Ikr- Ikr949.75 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)