BW Offshore Ltd (BWO) — Defensive Interval Ratio

Latest as of June 2026: 161 days

BW Offshore Ltd (BWO) has a Defensive Interval Ratio of 161 days as of June 2026. Defensive assets of Nkr151.70 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr151.70 Million) cover 161 days of daily cash needs of Nkr943.01K/day.

Defensive Interval Ratio

161 days
Days of operational coverage

Defensive Assets

Nkr151.70 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr943.01K
Current Liabilities ÷ 365

Current Liabilities

Nkr344.20 Million
NOK

BW Offshore Ltd Defensive Interval Ratio (2004–2025)

This chart shows how BW Offshore Ltd's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of June 2026, the ratio stands at 161 days, meaning defensive assets of Nkr151.70 Million can fund 161 days of operations without new revenue. For the complete balance sheet picture, see BWO asset base.

Annual Defensive Interval Ratio for BW Offshore Ltd (2004–2025)

The table below presents the year-by-year Defensive Interval Ratio for BW Offshore Ltd from 2004 to 2025, covering 22 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 Offshore Ltd working capital to net assets 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 597 days Nkr478.80 Million Nkr801.37K/day Nkr394.30 Million Nkr- ▼ -154 days
2024 752 days Nkr438.80 Million Nkr583.84K/day Nkr304.90 Million Nkr- ▲ +403 days
2023 348 days Nkr472.40 Million Nkr1.36 Million/day Nkr360.00 Million Nkr1.00 Million ▲ +52 days
2022 297 days Nkr488.00 Million Nkr1.65 Million/day Nkr229.40 Million Nkr- ▼ -46 days
2021 343 days Nkr513.50 Million Nkr1.50 Million/day Nkr266.70 Million Nkr-3.20 Million ▲ +38 days
2020 305 days Nkr323.60 Million Nkr1.06 Million/day Nkr133.10 Million Nkr-16.60 Million ▲ +83 days
2019 221 days Nkr358.70 Million Nkr1.62 Million/day Nkr244.30 Million Nkr-41.50 Million ▲ +51 days
2018 170 days Nkr278.60 Million Nkr1.63 Million/day Nkr141.10 Million Nkr- ▼ -77 days
2017 248 days Nkr354.00 Million Nkr1.43 Million/day Nkr145.50 Million Nkr- ▼ -225 days
2016 473 days Nkr567.70 Million Nkr1.20 Million/day Nkr106.90 Million Nkr- ▲ +341 days
2015 132 days Nkr219.20 Million Nkr1.67 Million/day Nkr- Nkr1.90 Million ▲ +9 days
2014 123 days Nkr236.60 Million Nkr1.93 Million/day Nkr- Nkr9.40 Million ▼ -16 days
2013 139 days Nkr196.50 Million Nkr1.42 Million/day Nkr- Nkr1.40 Million ▼ -26 days
2012 164 days Nkr229.20 Million Nkr1.39 Million/day Nkr- Nkr2.00 Million ▲ +46 days
2011 119 days Nkr176.60 Million Nkr1.49 Million/day Nkr- Nkr3.50 Million ▲ +92 days
2010 26 days Nkr141.50 Million Nkr5.36 Million/day Nkr- Nkr3.00 Million ▼ -507 days
2009 533 days Nkr343.30 Million Nkr644.11K/day Nkr- Nkr163.30 Million ▲ +36 days
2008 497 days Nkr542.90 Million Nkr1.09 Million/day Nkr- Nkr283.50 Million ▲ +159 days
2007 338 days Nkr564.80 Million Nkr1.67 Million/day Nkr- Nkr320.30 Million ▼ -1957 days
2006 2295 days Nkr398.60 Million Nkr173.70K/day Nkr- Nkr2.30 Million ▲ +2285 days
2005 9 days Nkr14.60 Million Nkr1.56 Million/day Nkr- Nkr- ▲ +1 days
2004 8 days Nkr3.73 Million Nkr464.76K/day Nkr- Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)