North European Oil Royalty Trust (NRT) — Defensive Interval Ratio
North European Oil Royalty Trust (NRT) has a Defensive Interval Ratio of 701 days as of January 2026. Defensive assets of $3.88 Million (cash $3.88 Million, short-term investments $-, receivables $-) cover 701 days of daily cash needs of $5.54K/day. See North European Oil Royalty Trust working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
North European Oil Royalty Trust Defensive Interval Ratio (2016–2025)
This chart shows how North European Oil Royalty Trust's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2025. As of January 2026, the ratio stands at 701 days, meaning defensive assets of $3.88 Million can fund 701 days of operations without new revenue. See North European Oil Royalty Trust balance sheet independence to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for North European Oil Royalty Trust (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for North European Oil Royalty Trust from 2016 to 2025, covering 9 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 North European Oil Royalty Trust.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 613 days | $4.79 Million | $7.81K/day | $4.79 Million | $- | ▼ -2614 days |
| 2024 | 3227 days | $1.63 Million | $503.59/day | $1.63 Million | $- | ▲ +2841 days |
| 2022 | 386 days | $7.19 Million | $18.63K/day | $7.19 Million | $- | ▼ -14 days |
| 2021 | 400 days | $1.41 Million | $3.53K/day | $1.41 Million | $- | ▼ -890 days |
| 2020 | 1290 days | $649.59K | $503.59/day | $649.59K | $- | ▲ +895 days |
| 2019 | 395 days | $1.59 Million | $4.03K/day | $1.59 Million | $- | ▲ +9 days |
| 2018 | 386 days | $1.46 Million | $3.78K/day | $1.46 Million | $- | ▲ +2 days |
| 2017 | 384 days | $2.13 Million | $5.54K/day | $2.13 Million | $- | ▼ -2 days |
| 2016 | 386 days | $1.17 Million | $3.02K/day | $1.17 Million | $- | — |