Opera Ltd (OPRA) — Defensive Interval Ratio

Latest as of March 2026: 298 days

Opera Ltd (OPRA) has a Defensive Interval Ratio of 298 days as of March 2026. Defensive assets of $114.44 Million (cash $-, short-term investments $-, receivables $114.44 Million) cover 298 days of daily cash needs of $384.14K/day. Check tangible net worth ratio of Opera Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

298 days
Days of operational coverage

Defensive Assets

$114.44 Million
Cash + ST Investments + Receivables

Daily Cash Need

$384.14K
Current Liabilities ÷ 365

Current Liabilities

$140.21 Million
USD

Opera Ltd Defensive Interval Ratio (2016–2025)

This chart shows how Opera Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 298 days, meaning defensive assets of $114.44 Million can fund 298 days of operations without new revenue. Also explore OPRA shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Opera Ltd (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Opera Ltd from 2016 to 2025, covering 10 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 cap of Opera Ltd.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 368 days $119.63 Million $325.40K/day $- $- ▲ +16 days
2024 352 days $97.38 Million $276.97K/day $- $- ▼ -151 days
2023 503 days $112.10 Million $223.04K/day $- $2.16 Million ▼ -620 days
2022 1122 days $197.77 Million $176.25K/day $- $66.25 Million ▲ +397 days
2021 725 days $140.54 Million $193.93K/day $- $78.14 Million ▲ +399 days
2020 326 days $40.48 Million $124.17K/day $- $856.03K ▼ -220 days
2019 546 days $192.40 Million $352.24K/day $- $43.68 Million ▲ +54 days
2018 492 days $45.84 Million $93.16K/day $- $1.25 Million ▲ +82 days
2017 411 days $41.45 Million $100.96K/day $- $2.51 Million ▲ +62 days
2016 349 days $50.94 Million $145.95K/day $- $8.18 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)