Nordic Mining ASA (NOM) — Defensive Interval Ratio

Latest as of December 2025: 639 days

Nordic Mining ASA (NOM) has a Defensive Interval Ratio of 639 days as of December 2025. Defensive assets of Nkr329.43 Million (cash Nkr329.43 Million, short-term investments Nkr-, receivables Nkr-) cover 639 days of daily cash needs of Nkr515.42K/day. Check tangible net worth ratio of Nordic Mining ASA to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

639 days
Days of operational coverage

Defensive Assets

Nkr329.43 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr515.42K
Current Liabilities ÷ 365

Current Liabilities

Nkr188.13 Million
NOK

Nordic Mining ASA Defensive Interval Ratio (2013–2025)

This chart shows how Nordic Mining ASA's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 639 days, meaning defensive assets of Nkr329.43 Million can fund 639 days of operations without new revenue. Also explore Nordic Mining ASA annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nordic Mining ASA (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Nordic Mining ASA from 2013 to 2025, covering 13 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 Nordic Mining ASA stock valuation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2025 644 days Nkr332.10 Million Nkr515.42K/day Nkr329.43 Million Nkr- ▼ -231 days
2024 875 days Nkr482.48 Million Nkr551.10K/day Nkr454.77 Million Nkr0.00 ▼ -2577 days
2023 3453 days Nkr1.71 Billion Nkr495.29K/day Nkr634.98 Million Nkr1.08 Billion ▲ +3032 days
2022 421 days Nkr1.22 Billion Nkr2.90 Million/day Nkr164.70 Million Nkr1.03 Billion ▼ -1078 days
2021 1499 days Nkr34.71 Million Nkr23.15K/day Nkr32.09 Million Nkr- ▼ -558 days
2020 2057 days Nkr43.83 Million Nkr21.31K/day Nkr42.22 Million Nkr- ▲ +500 days
2019 1556 days Nkr34.10 Million Nkr21.91K/day Nkr30.62 Million Nkr- ▼ -493 days
2018 2049 days Nkr51.66 Million Nkr25.21K/day Nkr49.90 Million Nkr- ▲ +661 days
2017 1388 days Nkr24.23 Million Nkr17.46K/day Nkr21.55 Million Nkr- ▼ -2765 days
2016 4153 days Nkr66.96 Million Nkr16.12K/day Nkr66.11 Million Nkr- ▲ +4048 days
2015 105 days Nkr536.00K Nkr5.08K/day Nkr- Nkr- ▼ -238 days
2014 344 days Nkr2.02 Million Nkr5.87K/day Nkr- Nkr- ▲ +275 days
2013 68 days Nkr680.00K Nkr9.95K/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)