FREYR Battery SA (FREY) — Defensive Interval Ratio

Latest as of March 2025: 13 days

FREYR Battery SA (FREY) has a Defensive Interval Ratio of 13 days as of March 2025. Defensive assets of $18.00 Million (cash $-, short-term investments $-, receivables $18.00 Million) cover 13 days of daily cash needs of $1.35 Million/day. Check how tangible is FREYR Battery SA's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

13 days
Days of operational coverage

Defensive Assets

$18.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.35 Million
Current Liabilities ÷ 365

Current Liabilities

$493.10 Million
USD

FREYR Battery SA Defensive Interval Ratio (2019–2023)

This chart shows how FREYR Battery SA's Defensive Interval Ratio has evolved across 3 annual periods from 2019 to 2023. As of March 2025, the ratio stands at 13 days, meaning defensive assets of $18.00 Million can fund 13 days of operations without new revenue. Also explore how fast is FREYR Battery SA growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for FREYR Battery SA (2019–2023)

The table below presents the year-by-year Defensive Interval Ratio for FREYR Battery SA from 2019 to 2023, covering 3 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 FREY company net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 177 days $23.89 Million $134.75K/day $- $23.89 Million ▲ +177 days
2022 0 days $39.00 $171.45K/day $- $39.00 ▼ -7 days
2019 7 days $183.00K $27.58K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)