Subsea 7 SA (0OGK) — Defensive Interval Ratio

Latest as of March 2023: 344 days

Subsea 7 SA (0OGK) has a Defensive Interval Ratio of 344 days as of March 2023. Defensive assets of Nkr1.93 Billion (cash Nkr-, short-term investments Nkr-, receivables Nkr1.93 Billion) cover 344 days of daily cash needs of Nkr5.61 Million/day. Check 0OGK intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

344 days
Days of operational coverage

Defensive Assets

Nkr1.93 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Nkr5.61 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr2.05 Billion
NOK

Subsea 7 SA Defensive Interval Ratio (2016–2022)

This chart shows how Subsea 7 SA's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of March 2023, the ratio stands at 344 days, meaning defensive assets of Nkr1.93 Billion can fund 344 days of operations without new revenue. Also explore how fast is Subsea 7 SA growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Subsea 7 SA (2016–2022)

The table below presents the year-by-year Defensive Interval Ratio for Subsea 7 SA from 2016 to 2022, covering 7 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 Subsea 7 SA (0OGK) market capitalisation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2022 294 days Nkr1.52 Billion Nkr5.16 Million/day Nkr- Nkr- ▲ +3 days
2021 291 days Nkr1.49 Billion Nkr5.12 Million/day Nkr- Nkr- ▲ +25 days
2020 266 days Nkr1.13 Billion Nkr4.25 Million/day Nkr- Nkr- ▼ -52 days
2019 318 days Nkr1.10 Billion Nkr3.47 Million/day Nkr- Nkr- ▲ +8 days
2018 310 days Nkr1.19 Billion Nkr3.84 Million/day Nkr- Nkr15.90 Million ▲ +202 days
2017 108 days Nkr388.50 Million Nkr3.59 Million/day Nkr- Nkr- ▲ +40 days
2016 68 days Nkr386.90 Million Nkr5.65 Million/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)