ADS Maritime Holding Plc (ADS) — Defensive Interval Ratio

Latest as of March 2025: 19 days

ADS Maritime Holding Plc (ADS) has a Defensive Interval Ratio of 19 days as of March 2025. Defensive assets of Nkr29.00K (cash Nkr-, short-term investments Nkr29.00K, receivables Nkr-) cover 19 days of daily cash needs of Nkr1.55K/day. Check ADS Maritime Holding Plc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

19 days
Days of operational coverage

Defensive Assets

Nkr29.00K
Cash + ST Investments + Receivables

Daily Cash Need

Nkr1.55K
Current Liabilities ÷ 365

Current Liabilities

Nkr565.00K
NOK

ADS Maritime Holding Plc Defensive Interval Ratio (2018–2024)

This chart shows how ADS Maritime Holding Plc's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of March 2025, the ratio stands at 19 days, meaning defensive assets of Nkr29.00K can fund 19 days of operations without new revenue. Also explore ADS Maritime Holding Plc annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for ADS Maritime Holding Plc (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for ADS Maritime Holding Plc from 2018 to 2024, 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 ADS Maritime Holding Plc (ADS) market capitalisation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 17 days Nkr29.00K Nkr1.70K/day Nkr- Nkr29.00K ▼ -1226 days
2023 1243 days Nkr1.68 Million Nkr1.35K/day Nkr- Nkr1.68 Million ▲ +836 days
2022 407 days Nkr630.00K Nkr1.55K/day Nkr- Nkr630.00K ▲ +407 days
2021 0 days Nkr0.00 Nkr293.15/day Nkr- Nkr- ▼ -164 days
2020 164 days Nkr573.00K Nkr3.50K/day Nkr- Nkr- ▼ -133 days
2019 296 days Nkr10.27 Million Nkr34.63K/day Nkr- Nkr- ▲ +28 days
2018 269 days Nkr4.75 Million Nkr17.66K/day Nkr- Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)