Elliptic Laboratories AS (ELABS) — Defensive Interval Ratio

Latest as of December 2025: 1922 days

Elliptic Laboratories AS (ELABS) has a Defensive Interval Ratio of 1922 days as of December 2025. Defensive assets of Nkr124.06 Million (cash Nkr43.06 Million, short-term investments Nkr-, receivables Nkr81.00 Million) cover 1922 days of daily cash needs of Nkr64.55K/day. Check Elliptic Laboratories AS tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1922 days
Days of operational coverage

Defensive Assets

Nkr124.06 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr64.55K
Current Liabilities ÷ 365

Current Liabilities

Nkr23.56 Million
NOK

Elliptic Laboratories AS Defensive Interval Ratio (2017–2025)

This chart shows how Elliptic Laboratories AS's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 1922 days, meaning defensive assets of Nkr124.06 Million can fund 1922 days of operations without new revenue. Also explore Elliptic Laboratories AS annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Elliptic Laboratories AS (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Elliptic Laboratories AS from 2017 to 2025, covering 9 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 Elliptic Laboratories AS (ELABS) market capitalisation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2025 1922 days Nkr124.06 Million Nkr64.55K/day Nkr43.06 Million Nkr- ▼ -882 days
2024 2804 days Nkr191.72 Million Nkr68.38K/day Nkr74.20 Million Nkr- ▲ +265 days
2023 2539 days Nkr173.38 Million Nkr68.29K/day Nkr112.77 Million Nkr- ▼ -2070 days
2022 4609 days Nkr216.93 Million Nkr47.07K/day Nkr176.44 Million Nkr- ▼ -361 days
2021 4970 days Nkr245.85 Million Nkr49.47K/day Nkr216.83 Million Nkr- ▲ +1839 days
2020 3131 days Nkr116.80 Million Nkr37.30K/day Nkr98.57 Million Nkr- ▲ +2703 days
2019 428 days Nkr47.05 Million Nkr109.95K/day Nkr32.74 Million Nkr- ▲ +236 days
2018 192 days Nkr28.84 Million Nkr150.25K/day Nkr14.07 Million Nkr- ▼ -908 days
2017 1100 days Nkr37.96 Million Nkr34.49K/day Nkr34.83 Million Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)