Airthings ASA (AIRX) — Defensive Interval Ratio

Latest as of June 2025: 348 days

Airthings ASA (AIRX) has a Defensive Interval Ratio of 348 days as of June 2025. Defensive assets of Nkr11.96 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr11.96 Million) cover 348 days of daily cash needs of Nkr34.38K/day. Check Airthings ASA tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

348 days
Days of operational coverage

Defensive Assets

Nkr11.96 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr34.38K
Current Liabilities ÷ 365

Current Liabilities

Nkr12.55 Million
NOK

Airthings ASA Defensive Interval Ratio (2017–2024)

This chart shows how Airthings ASA's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 348 days, meaning defensive assets of Nkr11.96 Million can fund 348 days of operations without new revenue. Also explore net asset momentum of Airthings ASA to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Airthings ASA (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Airthings ASA from 2017 to 2024, covering 8 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 Airthings ASA market cap and net worth.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 322 days Nkr10.77 Million Nkr33.48K/day Nkr- Nkr- ▼ -49 days
2023 371 days Nkr11.18 Million Nkr30.14K/day Nkr- Nkr- ▼ -29 days
2022 400 days Nkr11.10 Million Nkr27.77K/day Nkr- Nkr- ▼ -31 days
2021 431 days Nkr12.93 Million Nkr29.99K/day Nkr- Nkr- ▲ +384 days
2020 47 days Nkr8.61 Million Nkr181.43K/day Nkr- Nkr- ▼ -719 days
2019 766 days Nkr59.64 Million Nkr77.85K/day Nkr4.73 Million Nkr- ▲ +99 days
2018 667 days Nkr44.34 Million Nkr66.44K/day Nkr1.14 Million Nkr- ▲ +80 days
2017 588 days Nkr19.94 Million Nkr33.94K/day Nkr3.54 Million Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)