Gjensidige Forsikring ASA (GJF) — Defensive Interval Ratio

Latest as of September 2023: 38 days

Gjensidige Forsikring ASA (GJF) has a Defensive Interval Ratio of 38 days as of September 2023. Defensive assets of Nkr5.18 Billion (cash Nkr-, short-term investments Nkr-, receivables Nkr5.18 Billion) cover 38 days of daily cash needs of Nkr136.97 Million/day. See GJF working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

38 days
Days of operational coverage

Defensive Assets

Nkr5.18 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Nkr136.97 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr49.99 Billion
NOK

Gjensidige Forsikring ASA Defensive Interval Ratio (2006–2022)

This chart shows how Gjensidige Forsikring ASA's Defensive Interval Ratio has evolved across 10 annual periods from 2006 to 2022. As of September 2023, the ratio stands at 38 days, meaning defensive assets of Nkr5.18 Billion can fund 38 days of operations without new revenue. See debt-free asset ratio of Gjensidige Forsikring ASA to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Gjensidige Forsikring ASA (2006–2022)

The table below presents the year-by-year Defensive Interval Ratio for Gjensidige Forsikring ASA from 2006 to 2022, covering 10 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 GJF market cap overview.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2022 2460 days Nkr9.16 Billion Nkr3.73 Million/day Nkr- Nkr- ▲ +51 days
2021 2409 days Nkr9.16 Billion Nkr3.80 Million/day Nkr- Nkr- ▼ -555 days
2020 2964 days Nkr8.27 Billion Nkr2.79 Million/day Nkr- Nkr- ▼ -304 days
2019 3269 days Nkr8.29 Billion Nkr2.54 Million/day Nkr- Nkr- ▲ +1158 days
2018 2110 days Nkr7.87 Billion Nkr3.73 Million/day Nkr- Nkr- ▲ +298 days
2017 1812 days Nkr6.91 Billion Nkr3.81 Million/day Nkr- Nkr- ▼ -1175 days
2016 2987 days Nkr6.57 Billion Nkr2.20 Million/day Nkr- Nkr300.00K ▲ +506 days
2015 2480 days Nkr5.47 Billion Nkr2.21 Million/day Nkr- Nkr900.00K ▼ -9 days
2014 2489 days Nkr5.39 Billion Nkr2.16 Million/day Nkr- Nkr- ▲ +2465 days
2006 24 days Nkr52.50 Million Nkr2.17 Million/day Nkr- Nkr52.50 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)