DnB ASA (DNB) — Defensive Interval Ratio

Latest as of June 2024: 11 days

DnB ASA (DNB) has a Defensive Interval Ratio of 11 days as of June 2024. Defensive assets of Nkr11.41 Billion (cash Nkr-, short-term investments Nkr11.41 Billion, receivables Nkr-) cover 11 days of daily cash needs of Nkr1.04 Billion/day. See DnB ASA (DNB) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

Nkr11.41 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Nkr1.04 Billion
Current Liabilities ÷ 365

Current Liabilities

Nkr379.67 Billion
NOK

DnB ASA Defensive Interval Ratio (2006–2023)

This chart shows how DnB ASA's Defensive Interval Ratio has evolved across 18 annual periods from 2006 to 2023. As of June 2024, the ratio stands at 11 days, meaning defensive assets of Nkr11.41 Billion can fund 11 days of operations without new revenue. See how leveraged is DnB ASA's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for DnB ASA (2006–2023)

The table below presents the year-by-year Defensive Interval Ratio for DnB ASA from 2006 to 2023, covering 18 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 DnB ASA market capitalisation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2023 169 days Nkr195.80 Billion Nkr1.16 Billion/day Nkr- Nkr194.54 Billion ▼ -12 days
2022 181 days Nkr146.78 Billion Nkr812.19 Million/day Nkr- Nkr145.17 Billion ▼ -49 days
2021 230 days Nkr106.52 Billion Nkr463.84 Million/day Nkr- Nkr104.00 Billion ▼ -9 days
2020 238 days Nkr92.38 Billion Nkr387.36 Million/day Nkr- Nkr89.48 Billion ▲ +136 days
2019 103 days Nkr53.73 Billion Nkr521.89 Million/day Nkr- Nkr52.01 Billion ▲ +12 days
2018 91 days Nkr44.26 Billion Nkr485.09 Million/day Nkr- Nkr41.93 Billion ▲ +76 days
2017 16 days Nkr6.91 Billion Nkr441.47 Million/day Nkr- Nkr4.22 Billion ▼ -17 days
2016 32 days Nkr13.89 Billion Nkr428.98 Million/day Nkr- Nkr12.67 Billion ▲ +15 days
2015 18 days Nkr7.80 Billion Nkr444.71 Million/day Nkr- Nkr6.64 Billion ▲ +4 days
2014 14 days Nkr7.95 Billion Nkr570.52 Million/day Nkr- Nkr3.64 Billion ▼ -92 days
2013 106 days Nkr53.60 Billion Nkr506.59 Million/day Nkr- Nkr50.19 Billion ▲ +19 days
2012 86 days Nkr58.25 Billion Nkr674.42 Million/day Nkr- Nkr51.72 Billion ▲ +74 days
2011 12 days Nkr7.74 Billion Nkr631.44 Million/day Nkr- Nkr2.36 Billion ▲ +5 days
2010 8 days Nkr3.32 Billion Nkr432.07 Million/day Nkr- Nkr2.33 Billion ▲ +5 days
2009 2 days Nkr1.04 Billion Nkr463.42 Million/day Nkr- Nkr- ▲ +0 days
2008 2 days Nkr958.00 Million Nkr538.72 Million/day Nkr- Nkr- ▼ -3 days
2007 4 days Nkr1.25 Billion Nkr283.06 Million/day Nkr- Nkr- ▲ +1 days
2006 4 days Nkr681.00 Million Nkr190.05 Million/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)