Philly Shipyard ASA (PHLY) — Defensive Interval Ratio

Latest as of December 2024: 18186 days

Philly Shipyard ASA (PHLY) has a Defensive Interval Ratio of 18186 days as of December 2024. Defensive assets of Nkr88.04 Million (cash Nkr88.04 Million, short-term investments Nkr-, receivables Nkr0.00) cover 18186 days of daily cash needs of Nkr4.84K/day. Check how tangible is Philly Shipyard ASA's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

18186 days
Days of operational coverage

Defensive Assets

Nkr88.04 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr4.84K
Current Liabilities ÷ 365

Current Liabilities

Nkr1.77 Million
NOK

Philly Shipyard ASA Defensive Interval Ratio (2016–2024)

This chart shows how Philly Shipyard ASA's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 18186 days, meaning defensive assets of Nkr88.04 Million can fund 18186 days of operations without new revenue. Also explore PHLY shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Philly Shipyard ASA (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Philly Shipyard 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 how much is Philly Shipyard ASA worth.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 18186 days Nkr88.04 Million Nkr4.84K/day Nkr88.04 Million Nkr- ▲ +18073 days
2023 113 days Nkr86.63 Million Nkr768.88K/day Nkr79.46 Million Nkr- ▲ +106 days
2022 7 days Nkr4.97 Million Nkr748.42K/day Nkr- Nkr- ▲ +4 days
2021 3 days Nkr2.51 Million Nkr955.54K/day Nkr- Nkr- ▼ -254 days
2020 257 days Nkr99.86 Million Nkr388.43K/day Nkr97.36 Million Nkr- ▼ -26 days
2019 283 days Nkr52.97 Million Nkr187.23K/day Nkr50.67 Million Nkr- ▼ -831 days
2018 1114 days Nkr53.02 Million Nkr47.60K/day Nkr49.62 Million Nkr- ▼ -112 days
2017 1226 days Nkr125.41 Million Nkr102.31K/day Nkr110.07 Million Nkr- ▲ +1120 days
2016 106 days Nkr74.53 Million Nkr704.24K/day Nkr69.11 Million Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)