BW LPG Ltd (BWLPG) — Defensive Interval Ratio

Latest as of December 2025: 426 days

BW LPG Ltd (BWLPG) has a Defensive Interval Ratio of 426 days as of December 2025. Defensive assets of Nkr490.58 Million (cash Nkr242.01 Million, short-term investments Nkr13.31 Million, receivables Nkr235.27 Million) cover 426 days of daily cash needs of Nkr1.15 Million/day.

Defensive Interval Ratio

426 days
Days of operational coverage

Defensive Assets

Nkr490.58 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr1.15 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr420.70 Million
NOK

BW LPG Ltd Defensive Interval Ratio (2009–2025)

This chart shows how BW LPG Ltd's Defensive Interval Ratio has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 426 days, meaning defensive assets of Nkr490.58 Million can fund 426 days of operations without new revenue. For the complete balance sheet picture, see how large is BW LPG Ltd's balance sheet.

Annual Defensive Interval Ratio for BW LPG Ltd (2009–2025)

The table below presents the year-by-year Defensive Interval Ratio for BW LPG Ltd from 2009 to 2025, covering 17 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See BW LPG Ltd (BWLPG) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2025 411 days Nkr478.87 Million Nkr1.17 Million/day Nkr242.01 Million Nkr1.60 Million ▲ +120 days
2024 290 days Nkr485.37 Million Nkr1.67 Million/day Nkr279.68 Million Nkr2.77 Million ▼ -47 days
2023 338 days Nkr606.05 Million Nkr1.80 Million/day Nkr287.55 Million Nkr3.27 Million ▲ +48 days
2022 289 days Nkr405.65 Million Nkr1.40 Million/day Nkr236.15 Million Nkr3.27 Million ▼ -219 days
2021 508 days Nkr305.58 Million Nkr601.37K/day Nkr132.67 Million Nkr3.25 Million ▲ +72 days
2020 436 days Nkr306.64 Million Nkr703.50K/day Nkr90.26 Million Nkr28.26 Million ▲ +52 days
2019 384 days Nkr283.80 Million Nkr739.72K/day Nkr112.21 Million Nkr- ▲ +83 days
2018 301 days Nkr142.82 Million Nkr474.30K/day Nkr50.08 Million Nkr- ▲ +128 days
2017 174 days Nkr145.24 Million Nkr836.79K/day Nkr56.55 Million Nkr- ▲ +70 days
2016 104 days Nkr140.84 Million Nkr1.36 Million/day Nkr80.56 Million Nkr- ▼ -87 days
2015 191 days Nkr89.23 Million Nkr467.53K/day Nkr- Nkr- ▼ -56 days
2014 247 days Nkr75.58 Million Nkr306.06K/day Nkr- Nkr19.00K ▲ +246 days
2013 1 days Nkr368.00K Nkr416.66K/day Nkr- Nkr184.00K ▼ -22 days
2012 23 days Nkr65.76 Million Nkr2.87 Million/day Nkr- Nkr- ▲ +11 days
2011 12 days Nkr29.67 Million Nkr2.41 Million/day Nkr- Nkr- ▼ -66 days
2010 78 days Nkr24.72 Million Nkr315.10K/day Nkr- Nkr- ▲ +8 days
2009 71 days Nkr5.18 Million Nkr73.32K/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)