Odfjell Technology Ltd (OTL) — Defensive Interval Ratio

Latest as of September 2025: 517 days

Odfjell Technology Ltd (OTL) has a Defensive Interval Ratio of 517 days as of September 2025. Defensive assets of Nkr1.54 Billion (cash Nkr-, short-term investments Nkr-, receivables Nkr1.54 Billion) cover 517 days of daily cash needs of Nkr2.97 Million/day. Check Odfjell Technology Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

517 days
Days of operational coverage

Defensive Assets

Nkr1.54 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Nkr2.97 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr1.08 Billion
NOK

Odfjell Technology Ltd Defensive Interval Ratio (2018–2024)

This chart shows how Odfjell Technology Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 517 days, meaning defensive assets of Nkr1.54 Billion can fund 517 days of operations without new revenue. Also explore Odfjell Technology Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Odfjell Technology Ltd (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Odfjell Technology Ltd from 2018 to 2024, covering 7 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 OTL market cap overview.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 393 days Nkr1.27 Billion Nkr3.22 Million/day Nkr100.00K Nkr- ▲ +132 days
2023 261 days Nkr742.80 Million Nkr2.84 Million/day Nkr101.80 Million Nkr- ▼ -174 days
2022 435 days Nkr1.27 Billion Nkr2.93 Million/day Nkr306.70 Million Nkr- ▼ -759 days
2021 1194 days Nkr2.55 Billion Nkr2.13 Million/day Nkr379.30 Million Nkr- ▼ -355 days
2020 1549 days Nkr2.24 Billion Nkr1.45 Million/day Nkr160.09 Million Nkr- ▼ -86 days
2019 1636 days Nkr267.37 Million Nkr163.46K/day Nkr11.55 Million Nkr- ▲ +1007 days
2018 628 days Nkr96.22 Million Nkr153.15K/day Nkr31.68 Million Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)