Grong Sparebank (GRONG) — Defensive Interval Ratio
Grong Sparebank (GRONG) has a Defensive Interval Ratio of 1 days as of December 2019. Defensive assets of Nkr7.60 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr7.60 Million) cover 1 days of daily cash needs of Nkr14.38 Million/day. Check Grong Sparebank tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Grong Sparebank Defensive Interval Ratio (2019–2019)
This chart shows how Grong Sparebank's Defensive Interval Ratio has evolved across 1 annual periods from 2019 to 2019. As of December 2019, the ratio stands at 1 days, meaning defensive assets of Nkr7.60 Million can fund 1 days of operations without new revenue. Also explore GRONG net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Grong Sparebank (2019–2019)
The table below presents the year-by-year Defensive Interval Ratio for Grong Sparebank from 2019 to 2019, covering 1 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 GRONG stock market capitalisation.
| Year | DIR (days) | Defensive Assets (NOK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2019 | 1 days | Nkr7.60 Million | Nkr14.38 Million/day | Nkr- | Nkr- | — |