Nel ASA (NEL) — Defensive Interval Ratio

Latest as of June 2025: 829 days

Nel ASA (NEL) has a Defensive Interval Ratio of 829 days as of June 2025. Defensive assets of Nkr2.16 Billion (cash Nkr1.93 Billion, short-term investments Nkr-, receivables Nkr228.03 Million) cover 829 days of daily cash needs of Nkr2.60 Million/day. Check tangible equity quality of Nel ASA to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

829 days
Days of operational coverage

Defensive Assets

Nkr2.16 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Nkr2.60 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr948.77 Million
NOK

Nel ASA Defensive Interval Ratio (2002–2024)

This chart shows how Nel ASA's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of June 2025, the ratio stands at 829 days, meaning defensive assets of Nkr2.16 Billion can fund 829 days of operations without new revenue. Also explore Nel ASA annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nel ASA (2002–2024)

The table below presents the year-by-year Defensive Interval Ratio for Nel ASA from 2002 to 2024, covering 23 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 NEL company net worth.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 932 days Nkr2.56 Billion Nkr2.75 Million/day Nkr1.86 Billion Nkr2.26 Million ▼ -218 days
2023 1150 days Nkr4.18 Billion Nkr3.64 Million/day Nkr3.35 Billion Nkr24.01 Million ▼ -205 days
2022 1355 days Nkr4.42 Billion Nkr3.26 Million/day Nkr3.13 Billion Nkr547.16 Million ▼ -608 days
2021 1963 days Nkr3.79 Billion Nkr1.93 Million/day Nkr2.71 Billion Nkr608.10 Million ▼ -1710 days
2020 3674 days Nkr4.34 Billion Nkr1.18 Million/day Nkr2.33 Billion Nkr1.73 Billion ▲ +2837 days
2019 836 days Nkr780.00 Million Nkr932.63K/day Nkr469.96 Million Nkr- ▼ -43 days
2018 880 days Nkr456.57 Million Nkr519.13K/day Nkr347.57 Million Nkr- ▲ +222 days
2017 658 days Nkr385.54 Million Nkr585.96K/day Nkr288.54 Million Nkr- ▼ -811 days
2016 1469 days Nkr263.75 Million Nkr179.60K/day Nkr225.47 Million Nkr0.00 ▲ +1077 days
2015 392 days Nkr52.59 Million Nkr134.17K/day Nkr- Nkr1.51 Million ▲ +15 days
2014 377 days Nkr20.33 Million Nkr53.92K/day Nkr- Nkr- ▲ +188 days
2013 189 days Nkr3.40 Million Nkr17.94K/day Nkr- Nkr- ▼ -14 days
2012 204 days Nkr4.91 Million Nkr24.12K/day Nkr- Nkr- ▼ -33 days
2011 236 days Nkr5.24 Million Nkr22.18K/day Nkr- Nkr- ▲ +39 days
2010 197 days Nkr7.47 Million Nkr37.90K/day Nkr- Nkr- ▲ +61 days
2009 136 days Nkr3.30 Million Nkr24.23K/day Nkr- Nkr- ▼ -150 days
2008 287 days Nkr5.87 Million Nkr20.47K/day Nkr- Nkr- ▼ -20 days
2007 307 days Nkr5.10 Million Nkr16.62K/day Nkr- Nkr- ▲ +172 days
2006 135 days Nkr2.44 Million Nkr18.06K/day Nkr- Nkr- ▼ -127 days
2005 262 days Nkr2.31 Million Nkr8.83K/day Nkr- Nkr- ▼ -32 days
2004 294 days Nkr2.33 Million Nkr7.93K/day Nkr- Nkr- ▼ -349 days
2003 643 days Nkr2.00 Million Nkr3.11K/day Nkr- Nkr- ▲ +565 days
2002 78 days Nkr276.00K Nkr3.52K/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)