Edda Wind ASA (EWIND) — Defensive Interval Ratio

Latest as of March 2025: 312 days

Edda Wind ASA (EWIND) has a Defensive Interval Ratio of 312 days as of March 2025. Defensive assets of Nkr50.26 Million (cash Nkr38.47 Million, short-term investments Nkr-, receivables Nkr11.79 Million) cover 312 days of daily cash needs of Nkr161.05K/day. Check EWIND tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

312 days
Days of operational coverage

Defensive Assets

Nkr50.26 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr161.05K
Current Liabilities ÷ 365

Current Liabilities

Nkr58.78 Million
NOK

Edda Wind ASA Defensive Interval Ratio (2018–2024)

This chart shows how Edda Wind ASA's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of March 2025, the ratio stands at 312 days, meaning defensive assets of Nkr50.26 Million can fund 312 days of operations without new revenue. Also explore Edda Wind ASA equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Edda Wind ASA (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Edda Wind ASA from 2018 to 2024, covering 7 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 EWIND market cap.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 294 days Nkr51.34 Million Nkr174.34K/day Nkr33.07 Million Nkr- ▼ -99 days
2023 394 days Nkr43.46 Million Nkr110.34K/day Nkr32.81 Million Nkr- ▼ -439 days
2022 833 days Nkr48.95 Million Nkr58.76K/day Nkr45.02 Million Nkr- ▼ -2336 days
2021 3169 days Nkr93.09 Million Nkr29.38K/day Nkr89.52 Million Nkr- ▲ +2765 days
2020 403 days Nkr9.74 Million Nkr24.15K/day Nkr6.71 Million Nkr- ▼ -57 days
2019 461 days Nkr9.73 Million Nkr21.11K/day Nkr6.48 Million Nkr- ▲ +90 days
2018 370 days Nkr6.88 Million Nkr18.58K/day Nkr3.85 Million Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)