Havila Shipping ASA (HAVI) — Defensive Interval Ratio
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. See HAVI working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See HAVI net asset quality score to measure how much of total assets are equity-financed.
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 market cap of Havila Shipping ASA.
| 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- | — |