Archer Ltd. (0RBA) — Defensive Interval Ratio
Archer Ltd. (0RBA) has a Defensive Interval Ratio of 250 days as of June 2023. Defensive assets of Nkr161.20 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr161.20 Million) cover 250 days of daily cash needs of Nkr644.11K/day. Check tangible equity quality of Archer Ltd. to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Archer Ltd. Defensive Interval Ratio (2016–2022)
This chart shows how Archer Ltd.'s Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of June 2023, the ratio stands at 250 days, meaning defensive assets of Nkr161.20 Million can fund 250 days of operations without new revenue. Also explore Archer Ltd. annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Archer Ltd. (2016–2022)
The table below presents the year-by-year Defensive Interval Ratio for Archer Ltd. 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 market value of Archer Ltd..
| Year | DIR (days) | Defensive Assets (NOK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 72 days | Nkr152.60 Million | Nkr2.13 Million/day | Nkr- | Nkr- | ▼ -175 days |
| 2021 | 247 days | Nkr144.90 Million | Nkr586.85K/day | Nkr- | Nkr- | ▼ -6 days |
| 2020 | 253 days | Nkr123.90 Million | Nkr490.14K/day | Nkr- | Nkr- | ▲ +170 days |
| 2019 | 82 days | Nkr162.90 Million | Nkr1.98 Million/day | Nkr- | Nkr- | ▼ -270 days |
| 2018 | 353 days | Nkr152.90 Million | Nkr433.70K/day | Nkr- | Nkr- | ▲ +13 days |
| 2017 | 340 days | Nkr165.60 Million | Nkr487.12K/day | Nkr- | Nkr- | ▲ +165 days |
| 2016 | 175 days | Nkr150.50 Million | Nkr857.81K/day | Nkr- | Nkr- | — |