Sparebanken Møre (MORG) — Defensive Interval Ratio

Latest as of December 2022: 0 days

Sparebanken Møre (MORG) has a Defensive Interval Ratio of 0 days as of December 2022. Defensive assets of Nkr33.00 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr33.00 Million) cover 0 days of daily cash needs of Nkr138.07 Million/day. See Sparebanken Møre (MORG) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

Nkr33.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr138.07 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr50.39 Billion
NOK

Sparebanken Møre Defensive Interval Ratio (2014–2022)

This chart shows how Sparebanken Møre's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of December 2022, the ratio stands at 0 days, meaning defensive assets of Nkr33.00 Million can fund 0 days of operations without new revenue. See net asset quality index of Sparebanken Møre to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Sparebanken Møre (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Sparebanken Møre from 2014 to 2022, covering 9 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 Sparebanken Møre market capitalisation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2022 0 days Nkr33.00 Million Nkr138.07 Million/day Nkr- Nkr- ▼ 0 days
2021 0 days Nkr46.00 Million Nkr127.81 Million/day Nkr- Nkr- ▲ +0 days
2020 0 days Nkr34.00 Million Nkr108.90 Million/day Nkr- Nkr- ▲ +0 days
2019 0 days Nkr20.00 Million Nkr102.13 Million/day Nkr- Nkr- ▼ 0 days
2018 0 days Nkr24.00 Million Nkr106.16 Million/day Nkr- Nkr- ▼ -1 days
2017 1 days Nkr128.00 Million Nkr101.61 Million/day Nkr- Nkr- ▲ +0 days
2016 1 days Nkr127.00 Million Nkr102.35 Million/day Nkr- Nkr- ▼ 0 days
2015 1 days Nkr131.00 Million Nkr93.05 Million/day Nkr- Nkr- ▼ 0 days
2014 2 days Nkr152.00 Million Nkr94.11 Million/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)