Instabank ASA Defensive Interval Ratio
Instabank ASA 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 Instabank ASA (INSTA) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Instabank ASA (2016–2022)
Defensive interval ratio of Instabank ASA from 2016 to 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. Read Instabank ASA balance sheet liabilities for a breakdown of total debt and financial obligations.
Instabank ASA Defensive Interval Ratio by Year (2016–2022)
Instabank ASA defensive interval ratio by year from 2016 to 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 the complete balance sheet picture, see Instabank ASA balance sheet assets.
| 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- | — |