Cavendish Hydrogen ASA (CAVEN) — Defensive Interval Ratio
Cavendish Hydrogen ASA (CAVEN) has a Defensive Interval Ratio of 1123 days as of September 2025. Defensive assets of Nkr27.70 Million (cash Nkr23.30 Million, short-term investments Nkr-, receivables Nkr4.40 Million) cover 1123 days of daily cash needs of Nkr24.66K/day. See Cavendish Hydrogen ASA (CAVEN) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Cavendish Hydrogen ASA Defensive Interval Ratio (2020–2024)
This chart shows how Cavendish Hydrogen ASA's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at 1123 days, meaning defensive assets of Nkr27.70 Million can fund 1123 days of operations without new revenue. See Cavendish Hydrogen ASA balance sheet independence to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Cavendish Hydrogen ASA (2020–2024)
The table below presents the year-by-year Defensive Interval Ratio for Cavendish Hydrogen ASA from 2020 to 2024, covering 5 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 CAVEN company net worth.
| Year | DIR (days) | Defensive Assets (NOK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 978 days | Nkr47.98 Million | Nkr49.04K/day | Nkr41.78 Million | Nkr- | ▲ +765 days |
| 2023 | 213 days | Nkr17.90 Million | Nkr84.04K/day | Nkr7.02 Million | Nkr- | ▼ -19 days |
| 2022 | 232 days | Nkr30.79 Million | Nkr132.55K/day | Nkr2.65 Million | Nkr- | ▲ +38 days |
| 2021 | 194 days | Nkr15.55 Million | Nkr79.98K/day | Nkr- | Nkr- | ▲ +4 days |
| 2020 | 190 days | Nkr13.60 Million | Nkr71.46K/day | Nkr- | Nkr- | — |