Aasen Sparebank (AASB) — Defensive Interval Ratio
Aasen Sparebank (AASB) has a Defensive Interval Ratio of 3 days as of December 2019. Defensive assets of Nkr23.65 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr23.65 Million) cover 3 days of daily cash needs of Nkr7.75 Million/day. See AASB current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Aasen Sparebank Defensive Interval Ratio (2016–2019)
This chart shows how Aasen Sparebank's Defensive Interval Ratio has evolved across 3 annual periods from 2016 to 2019. As of December 2019, the ratio stands at 3 days, meaning defensive assets of Nkr23.65 Million can fund 3 days of operations without new revenue. See Aasen Sparebank balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Aasen Sparebank (2016–2019)
The table below presents the year-by-year Defensive Interval Ratio for Aasen Sparebank from 2016 to 2019, 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 AASB stock market capitalisation.
| Year | DIR (days) | Defensive Assets (NOK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2019 | 3 days | Nkr23.65 Million | Nkr7.75 Million/day | Nkr- | Nkr- | ▲ +1 days |
| 2018 | 2 days | Nkr14.12 Million | Nkr6.91 Million/day | Nkr- | Nkr- | ▼ -140 days |
| 2016 | 142 days | Nkr8.21 Million | Nkr57.85K/day | Nkr- | Nkr- | — |