Skel fjárfestingafélag hf. (SKEL) — Defensive Interval Ratio

Latest as of December 2024: 1042 days

Skel fjárfestingafélag hf. (SKEL) has a Defensive Interval Ratio of 1042 days as of December 2024. Defensive assets of Ikr9.60 Billion (cash Ikr-, short-term investments Ikr9.58 Billion, receivables Ikr20.00 Million) cover 1042 days of daily cash needs of Ikr9.22 Million/day. See SKEL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1042 days
Days of operational coverage

Defensive Assets

Ikr9.60 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Ikr9.22 Million
Current Liabilities ÷ 365

Current Liabilities

Ikr3.36 Billion
ISK

Skel fjárfestingafélag hf. Defensive Interval Ratio (2014–2024)

This chart shows how Skel fjárfestingafélag hf.'s Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of December 2024, the ratio stands at 1042 days, meaning defensive assets of Ikr9.60 Billion can fund 1042 days of operations without new revenue. See SKEL equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Skel fjárfestingafélag hf. (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Skel fjárfestingafélag hf. from 2014 to 2024, covering 11 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 Skel fjárfestingafélag hf. market cap and net worth.

Year DIR (days) Defensive Assets (ISK) Daily Cash Need Cash ST Investments Change (days)
2024 1042 days Ikr9.60 Billion Ikr9.22 Million/day Ikr- Ikr9.58 Billion ▲ +44 days
2023 998 days Ikr9.43 Billion Ikr9.45 Million/day Ikr- Ikr9.40 Billion ▲ +638 days
2022 360 days Ikr4.95 Billion Ikr13.75 Million/day Ikr- Ikr4.92 Billion ▲ +337 days
2021 23 days Ikr746.00 Million Ikr32.30 Million/day Ikr- Ikr- ▼ -133 days
2020 156 days Ikr3.37 Billion Ikr21.58 Million/day Ikr- Ikr223.00 Million ▼ -26 days
2019 182 days Ikr3.66 Billion Ikr20.17 Million/day Ikr- Ikr- ▲ +8 days
2018 173 days Ikr4.49 Billion Ikr25.93 Million/day Ikr- Ikr- ▼ -6 days
2017 179 days Ikr3.75 Billion Ikr20.92 Million/day Ikr- Ikr- ▲ +45 days
2016 134 days Ikr2.23 Billion Ikr16.68 Million/day Ikr- Ikr- ▼ -14 days
2015 148 days Ikr2.02 Billion Ikr13.67 Million/day Ikr- Ikr- ▼ -31 days
2014 178 days Ikr2.72 Billion Ikr15.28 Million/day Ikr- Ikr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)