Nykode Therapeutics ASA (NYKD) — Defensive Interval Ratio

Latest as of September 2025: 8773 days

Nykode Therapeutics ASA (NYKD) has a Defensive Interval Ratio of 8773 days as of September 2025. Defensive assets of Nkr93.88 Million (cash Nkr63.93 Million, short-term investments Nkr-, receivables Nkr29.95 Million) cover 8773 days of daily cash needs of Nkr10.70K/day. Check how tangible is Nykode Therapeutics ASA's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

8773 days
Days of operational coverage

Defensive Assets

Nkr93.88 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr10.70K
Current Liabilities ÷ 365

Current Liabilities

Nkr3.91 Million
NOK

Nykode Therapeutics ASA Defensive Interval Ratio (2016–2024)

This chart shows how Nykode Therapeutics ASA's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 8773 days, meaning defensive assets of Nkr93.88 Million can fund 8773 days of operations without new revenue. Also explore Nykode Therapeutics ASA (NYKD) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nykode Therapeutics ASA (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Nykode Therapeutics 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 Nykode Therapeutics ASA market capitalisation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 4621 days Nkr115.20 Million Nkr24.93K/day Nkr114.82 Million Nkr- ▲ +1753 days
2023 2868 days Nkr161.95 Million Nkr56.46K/day Nkr161.95 Million Nkr- ▲ +906 days
2022 1963 days Nkr209.65 Million Nkr106.81K/day Nkr205.84 Million Nkr0.00 ▲ +1527 days
2021 436 days Nkr37.47 Million Nkr85.94K/day Nkr- Nkr12.17 Million ▼ -801 days
2020 1237 days Nkr44.66 Million Nkr36.11K/day Nkr- Nkr24.94 Million ▼ -596 days
2019 1833 days Nkr190.34 Million Nkr103.85K/day Nkr-1.00K Nkr190.33 Million ▼ -2347 days
2018 4180 days Nkr151.91 Million Nkr36.35K/day Nkr- Nkr143.60 Million ▼ -2940 days
2017 7119 days Nkr213.33 Million Nkr29.97K/day Nkr- Nkr206.37 Million ▲ +6601 days
2016 518 days Nkr2.47 Million Nkr4.77K/day Nkr2.47 Million Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)