Clean Seas Seafood Ltd. (CSS) — Defensive Interval Ratio

Latest as of June 2024: 80 days

Clean Seas Seafood Ltd. (CSS) has a Defensive Interval Ratio of 80 days as of June 2024. Defensive assets of Nkr3.66 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr3.66 Million) cover 80 days of daily cash needs of Nkr45.64K/day. Check Clean Seas Seafood Ltd. (CSS) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

80 days
Days of operational coverage

Defensive Assets

Nkr3.66 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr45.64K
Current Liabilities ÷ 365

Current Liabilities

Nkr16.66 Million
NOK

Clean Seas Seafood Ltd. Defensive Interval Ratio (2005–2024)

This chart shows how Clean Seas Seafood Ltd.'s Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of June 2024, the ratio stands at 80 days, meaning defensive assets of Nkr3.66 Million can fund 80 days of operations without new revenue. Also explore Clean Seas Seafood Ltd. net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Clean Seas Seafood Ltd. (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for Clean Seas Seafood Ltd. from 2005 to 2024, covering 20 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 market cap of Clean Seas Seafood Ltd..

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 80 days Nkr3.66 Million Nkr45.64K/day Nkr- Nkr- ▼ -34 days
2023 114 days Nkr5.22 Million Nkr45.92K/day Nkr- Nkr- ▼ -12 days
2022 126 days Nkr5.30 Million Nkr41.98K/day Nkr- Nkr- ▲ +21 days
2021 105 days Nkr6.38 Million Nkr60.78K/day Nkr- Nkr- ▲ +46 days
2020 59 days Nkr2.97 Million Nkr50.75K/day Nkr- Nkr- ▼ -67 days
2019 125 days Nkr5.76 Million Nkr46.08K/day Nkr- Nkr- ▼ -109 days
2018 235 days Nkr5.13 Million Nkr21.88K/day Nkr- Nkr- ▼ -38 days
2017 272 days Nkr3.83 Million Nkr14.08K/day Nkr- Nkr- ▲ +71 days
2016 201 days Nkr3.70 Million Nkr18.38K/day Nkr- Nkr- ▼ -6 days
2015 207 days Nkr1.42 Million Nkr6.88K/day Nkr- Nkr- ▲ +79 days
2014 127 days Nkr745.00K Nkr5.85K/day Nkr- Nkr- ▲ +40 days
2013 87 days Nkr449.00K Nkr5.13K/day Nkr- Nkr- ▼ -61 days
2012 149 days Nkr1.22 Million Nkr8.19K/day Nkr- Nkr- ▼ -185 days
2011 334 days Nkr3.61 Million Nkr10.82K/day Nkr- Nkr- ▲ +123 days
2010 211 days Nkr3.81 Million Nkr18.03K/day Nkr- Nkr- ▲ +175 days
2009 36 days Nkr4.52 Million Nkr124.61K/day Nkr- Nkr- ▲ +6 days
2008 31 days Nkr2.27 Million Nkr73.89K/day Nkr- Nkr- ▼ -157 days
2007 187 days Nkr7.09 Million Nkr37.84K/day Nkr- Nkr- ▲ +115 days
2006 73 days Nkr945.00K Nkr12.99K/day Nkr- Nkr- ▼ -1454 days
2005 1527 days Nkr547.77K Nkr358.69/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)