Odfjell Drilling Ltd (ODL) — Defensive Interval Ratio

Latest as of June 2026: 150 days

Odfjell Drilling Ltd (ODL) has a Defensive Interval Ratio of 150 days as of June 2026. Defensive assets of Nkr113.30 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr113.30 Million) cover 150 days of daily cash needs of Nkr756.44K/day.

Defensive Interval Ratio

150 days
Days of operational coverage

Defensive Assets

Nkr113.30 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr756.44K
Current Liabilities ÷ 365

Current Liabilities

Nkr276.10 Million
NOK

Odfjell Drilling Ltd Defensive Interval Ratio (2011–2025)

This chart shows how Odfjell Drilling Ltd's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 150 days, meaning defensive assets of Nkr113.30 Million can fund 150 days of operations without new revenue. For the complete balance sheet picture, see Odfjell Drilling Ltd asset portfolio.

Annual Defensive Interval Ratio for Odfjell Drilling Ltd (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Odfjell Drilling Ltd from 2011 to 2025, covering 15 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Odfjell Drilling Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2025 184 days Nkr123.60 Million Nkr670.14K/day Nkr- Nkr- ▲ +21 days
2024 163 days Nkr114.40 Million Nkr701.64K/day Nkr- Nkr- ▲ +35 days
2023 128 days Nkr110.00 Million Nkr856.16K/day Nkr- Nkr1.60 Million ▲ +45 days
2022 83 days Nkr99.60 Million Nkr1.20 Million/day Nkr- Nkr- ▼ -111 days
2021 194 days Nkr168.71 Million Nkr870.63K/day Nkr- Nkr-7.69 Million ▲ +101 days
2020 93 days Nkr173.48 Million Nkr1.87 Million/day Nkr- Nkr- ▼ -83 days
2019 176 days Nkr189.15 Million Nkr1.07 Million/day Nkr- Nkr- ▲ +127 days
2018 49 days Nkr125.19 Million Nkr2.55 Million/day Nkr- Nkr- ▼ -136 days
2017 186 days Nkr138.12 Million Nkr744.25K/day Nkr- Nkr- ▲ +52 days
2016 133 days Nkr114.72 Million Nkr860.68K/day Nkr- Nkr- ▲ +57 days
2015 76 days Nkr188.05 Million Nkr2.47 Million/day Nkr- Nkr- ▼ -111 days
2014 187 days Nkr213.16 Million Nkr1.14 Million/day Nkr- Nkr3.00K ▼ -49 days
2013 237 days Nkr266.64 Million Nkr1.13 Million/day Nkr- Nkr3.00K ▼ -20 days
2012 257 days Nkr292.99 Million Nkr1.14 Million/day Nkr- Nkr22.00K ▼ -58 days
2011 315 days Nkr256.61 Million Nkr814.14K/day Nkr- Nkr914.00K —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)