Instabank ASA (INSTA) — Defensive Interval Ratio
Instabank ASA (INSTA) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of Nkr32.85 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr32.85 Million) cover 2 days of daily cash needs of Nkr14.58 Million/day. See INSTA net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Instabank ASA Defensive Interval Ratio (2016–2022)
This chart shows how Instabank ASA's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of June 2023, the ratio stands at 2 days, meaning defensive assets of Nkr32.85 Million can fund 2 days of operations without new revenue. See Instabank ASA net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Instabank ASA (2016–2022)
The table below presents the year-by-year Defensive Interval Ratio for Instabank ASA from 2016 to 2022, covering 7 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 INSTA market cap overview.
| Year | DIR (days) | Defensive Assets (NOK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 3 days | Nkr39.53 Million | Nkr13.46 Million/day | Nkr- | Nkr- | ▲ +2 days |
| 2021 | 1 days | Nkr6.32 Million | Nkr11.23 Million/day | Nkr- | Nkr- | ▼ -1 days |
| 2020 | 1 days | Nkr11.83 Million | Nkr9.12 Million/day | Nkr- | Nkr- | ▲ +0 days |
| 2019 | 1 days | Nkr8.90 Million | Nkr7.92 Million/day | Nkr- | Nkr- | ▼ -3 days |
| 2018 | 4 days | Nkr29.31 Million | Nkr7.85 Million/day | Nkr- | Nkr- | ▲ +2 days |
| 2017 | 1 days | Nkr7.30 Million | Nkr5.01 Million/day | Nkr- | Nkr- | ▼ -1 days |
| 2016 | 2 days | Nkr1.81 Million | Nkr794.65K/day | Nkr- | Nkr- | — |