Dolphin Drilling AS (DDRIL) — Defensive Interval Ratio

Latest as of September 2025: 90 days

Dolphin Drilling AS (DDRIL) has a Defensive Interval Ratio of 90 days as of September 2025. Defensive assets of Nkr30.20 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr30.20 Million) cover 90 days of daily cash needs of Nkr334.79K/day. Check Dolphin Drilling AS (DDRIL) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

90 days
Days of operational coverage

Defensive Assets

Nkr30.20 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr334.79K
Current Liabilities ÷ 365

Current Liabilities

Nkr122.20 Million
NOK

Dolphin Drilling AS Defensive Interval Ratio (2004–2024)

This chart shows how Dolphin Drilling AS's Defensive Interval Ratio has evolved across 16 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 90 days, meaning defensive assets of Nkr30.20 Million can fund 90 days of operations without new revenue. Also explore net asset growth rate of Dolphin Drilling AS to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Dolphin Drilling AS (2004–2024)

The table below presents the year-by-year Defensive Interval Ratio for Dolphin Drilling AS from 2004 to 2024, covering 16 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 Dolphin Drilling AS market capitalisation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 197 days Nkr56.76 Million Nkr288.77K/day Nkr34.42 Million Nkr- ▼ -183 days
2023 380 days Nkr54.47 Million Nkr143.36K/day Nkr33.96 Million Nkr9.50 Million ▲ +79 days
2022 301 days Nkr36.82 Million Nkr122.28K/day Nkr35.75 Million Nkr- ▲ +118 days
2021 183 days Nkr30.23 Million Nkr164.91K/day Nkr- Nkr- ▲ +178 days
2018 6 days Nkr12.59 Million Nkr2.17 Million/day Nkr- Nkr- ▼ -12 days
2017 17 days Nkr14.41 Million Nkr824.02K/day Nkr- Nkr- ▼ -503 days
2016 520 days Nkr94.59 Million Nkr181.74K/day Nkr- Nkr- ▲ +423 days
2015 98 days Nkr135.10 Million Nkr1.38 Million/day Nkr- Nkr- ▲ +2 days
2014 95 days Nkr172.66 Million Nkr1.81 Million/day Nkr- Nkr- ▲ +13 days
2013 82 days Nkr189.71 Million Nkr2.31 Million/day Nkr- Nkr- ▲ +18 days
2012 64 days Nkr107.46 Million Nkr1.68 Million/day Nkr- Nkr- ▲ +70 days
2011 -6 days Nkr-5.38 Million Nkr952.04K/day Nkr- Nkr- ▼ -6 days
2007 0 days Nkr2.00 Nkr1.03 Million/day Nkr- Nkr- ▼ -239 days
2006 239 days Nkr100.38 Million Nkr420.80K/day Nkr- Nkr1.01 Million ▲ +226 days
2005 13 days Nkr6.94 Million Nkr533.14K/day Nkr- Nkr6.94 Million ▲ +13 days
2004 0 days Nkr2.00 Nkr414.25K/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)