Havila Shipping ASA (HAVI) — Defensive Interval Ratio

Latest as of September 2025: 176 days

Havila Shipping ASA (HAVI) has a Defensive Interval Ratio of 176 days as of September 2025. Defensive assets of Nkr300.22 Million (cash Nkr149.70 Million, short-term investments Nkr-, receivables Nkr150.52 Million) cover 176 days of daily cash needs of Nkr1.71 Million/day. Check HAVI tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

176 days
Days of operational coverage

Defensive Assets

Nkr300.22 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr1.71 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr623.00 Million
NOK

Havila Shipping ASA Defensive Interval Ratio (2004–2024)

This chart shows how Havila Shipping ASA's Defensive Interval Ratio has evolved across 21 annual periods from 2004 to 2024. As of September 2025, the ratio stands at 176 days, meaning defensive assets of Nkr300.22 Million can fund 176 days of operations without new revenue. Also explore HAVI shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Havila Shipping ASA (2004–2024)

The table below presents the year-by-year Defensive Interval Ratio for Havila Shipping ASA from 2004 to 2024, covering 21 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 how much is Havila Shipping ASA worth.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 140 days Nkr243.83 Million Nkr1.74 Million/day Nkr147.59 Million Nkr- ▲ +76 days
2023 64 days Nkr236.50 Million Nkr3.69 Million/day Nkr97.73 Million Nkr- ▼ -262 days
2022 326 days Nkr216.96 Million Nkr664.84K/day Nkr147.38 Million Nkr-60.74 Million ▲ +369 days
2021 -43 days Nkr-18.52 Million Nkr435.03K/day Nkr- Nkr-83.59 Million ▼ -22 days
2020 -21 days Nkr-9.47 Million Nkr449.77K/day Nkr- Nkr-101.03 Million ▼ -37 days
2019 16 days Nkr188.53 Million Nkr12.02 Million/day Nkr- Nkr-2.37 Million ▼ -276 days
2018 292 days Nkr106.67 Million Nkr365.49K/day Nkr- Nkr364.00K ▼ -110 days
2017 402 days Nkr264.74 Million Nkr659.34K/day Nkr- Nkr370.00K ▲ +386 days
2016 16 days Nkr259.30 Million Nkr16.72 Million/day Nkr- Nkr349.00K ▼ -2 days
2015 18 days Nkr287.41 Million Nkr16.16 Million/day Nkr- Nkr-9.42 Million ▼ -74 days
2014 92 days Nkr304.62 Million Nkr3.32 Million/day Nkr- Nkr22.80 Million ▲ +42 days
2013 50 days Nkr185.72 Million Nkr3.74 Million/day Nkr- Nkr15.60 Million ▼ -46 days
2012 96 days Nkr254.47 Million Nkr2.66 Million/day Nkr- Nkr3.56 Million ▼ -129 days
2011 225 days Nkr382.49 Million Nkr1.70 Million/day Nkr- Nkr18.86 Million ▼ -82 days
2010 307 days Nkr746.51 Million Nkr2.43 Million/day Nkr- Nkr254.26 Million ▲ +45 days
2009 261 days Nkr336.67 Million Nkr1.29 Million/day Nkr- Nkr16.95 Million ▼ -11 days
2008 273 days Nkr341.95 Million Nkr1.25 Million/day Nkr- Nkr107.56 Million ▲ +163 days
2007 110 days Nkr115.83 Million Nkr1.05 Million/day Nkr- Nkr- ▼ -181 days
2006 292 days Nkr137.42 Million Nkr471.33K/day Nkr- Nkr- ▲ +25 days
2005 266 days Nkr96.05 Million Nkr360.42K/day Nkr- Nkr- ▲ +52 days
2004 215 days Nkr35.39 Million Nkr164.94K/day Nkr- Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)