Hynion AS (HYN) — Defensive Interval Ratio
Hynion AS (HYN) has a Defensive Interval Ratio of 78 days as of June 2024. Defensive assets of Nkr6.15 Million (cash Nkr4.36 Million, short-term investments Nkr-, receivables Nkr1.79 Million) cover 78 days of daily cash needs of Nkr79.29K/day. Check Hynion AS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Hynion AS Defensive Interval Ratio (2019–2023)
This chart shows how Hynion AS's Defensive Interval Ratio has evolved across 5 annual periods from 2019 to 2023. As of June 2024, the ratio stands at 78 days, meaning defensive assets of Nkr6.15 Million can fund 78 days of operations without new revenue. Also explore HYN net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Hynion AS (2019–2023)
The table below presents the year-by-year Defensive Interval Ratio for Hynion AS from 2019 to 2023, covering 5 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 HYN market cap overview.
| Year | DIR (days) | Defensive Assets (NOK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 587 days | Nkr15.65 Million | Nkr26.63K/day | Nkr13.05 Million | Nkr- | ▼ -516 days |
| 2022 | 1103 days | Nkr42.99 Million | Nkr38.96K/day | Nkr41.62 Million | Nkr- | ▼ -1833 days |
| 2021 | 2937 days | Nkr41.08 Million | Nkr13.99K/day | Nkr40.94 Million | Nkr- | ▲ +2256 days |
| 2020 | 680 days | Nkr1.87 Million | Nkr2.76K/day | Nkr1.66 Million | Nkr- | ▲ +101 days |
| 2019 | 580 days | Nkr874.70K | Nkr1.51K/day | Nkr874.70K | Nkr- | — |