Norbit ASA (NORBT) — Defensive Interval Ratio

Latest as of September 2025: 136 days

Norbit ASA (NORBT) has a Defensive Interval Ratio of 136 days as of September 2025. Defensive assets of Nkr246.60 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr246.60 Million) cover 136 days of daily cash needs of Nkr1.81 Million/day. Check Norbit ASA tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

136 days
Days of operational coverage

Defensive Assets

Nkr246.60 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr1.81 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr660.70 Million
NOK

Norbit ASA Defensive Interval Ratio (2016–2024)

This chart shows how Norbit ASA's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 136 days, meaning defensive assets of Nkr246.60 Million can fund 136 days of operations without new revenue. Also explore Norbit ASA (NORBT) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Norbit ASA (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Norbit ASA from 2016 to 2024, 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 NORBT market cap.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 357 days Nkr466.70 Million Nkr1.31 Million/day Nkr193.30 Million Nkr- ▲ +199 days
2023 159 days Nkr231.00 Million Nkr1.46 Million/day Nkr60.70 Million Nkr- ▼ -11 days
2022 170 days Nkr201.50 Million Nkr1.19 Million/day Nkr33.50 Million Nkr- ▼ -33 days
2021 203 days Nkr168.30 Million Nkr829.32K/day Nkr13.30 Million Nkr- ▼ -26 days
2020 229 days Nkr129.96 Million Nkr568.22K/day Nkr8.56 Million Nkr- ▼ -262 days
2019 491 days Nkr183.41 Million Nkr373.41K/day Nkr15.45 Million Nkr- ▲ +273 days
2018 218 days Nkr132.42 Million Nkr607.44K/day Nkr4.33 Million Nkr- ▲ +20 days
2017 198 days Nkr75.43 Million Nkr380.23K/day Nkr- Nkr- ▲ +17 days
2016 182 days Nkr64.02 Million Nkr352.48K/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)