Photocure (PHO) — Defensive Interval Ratio

Latest as of June 2026: 450 days

Photocure (PHO) has a Defensive Interval Ratio of 450 days as of June 2026. Defensive assets of Nkr124.93 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr124.93 Million) cover 450 days of daily cash needs of Nkr277.80K/day.

Defensive Interval Ratio

450 days
Days of operational coverage

Defensive Assets

Nkr124.93 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr277.80K
Current Liabilities ÷ 365

Current Liabilities

Nkr101.40 Million
NOK

Photocure Defensive Interval Ratio (2000–2025)

This chart shows how Photocure's Defensive Interval Ratio has evolved across 26 annual periods from 2000 to 2025. As of June 2026, the ratio stands at 450 days, meaning defensive assets of Nkr124.93 Million can fund 450 days of operations without new revenue. For the complete balance sheet picture, see Photocure assets under control.

Annual Defensive Interval Ratio for Photocure (2000–2025)

The table below presents the year-by-year Defensive Interval Ratio for Photocure from 2000 to 2025, covering 26 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 Photocure short-term liquidity ratio 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 1081 days Nkr313.81 Million Nkr290.26K/day Nkr238.89 Million Nkr- ▼ -169 days
2024 1250 days Nkr355.69 Million Nkr284.56K/day Nkr288.83 Million Nkr- ▼ -137 days
2023 1387 days Nkr316.04 Million Nkr227.80K/day Nkr256.34 Million Nkr- ▲ +224 days
2022 1163 days Nkr331.69 Million Nkr285.08K/day Nkr264.65 Million Nkr- ▼ -76 days
2021 1239 days Nkr385.65 Million Nkr311.19K/day Nkr319.04 Million Nkr- ▼ -469 days
2020 1708 days Nkr373.36 Million Nkr218.58K/day Nkr329.53 Million Nkr- ▲ +140 days
2019 1568 days Nkr166.35 Million Nkr106.10K/day Nkr121.20 Million Nkr- ▲ +79 days
2018 1489 days Nkr213.96 Million Nkr143.71K/day Nkr102.50 Million Nkr79.11 Million ▼ -804 days
2017 2293 days Nkr252.97 Million Nkr110.32K/day Nkr125.30 Million Nkr100.98 Million ▼ -1822 days
2016 4115 days Nkr339.88 Million Nkr82.60K/day Nkr169.24 Million Nkr141.66 Million ▲ +3815 days
2015 299 days Nkr27.91 Million Nkr93.25K/day Nkr- Nkr4.08 Million ▲ +39 days
2014 260 days Nkr19.58 Million Nkr75.25K/day Nkr- Nkr4.00 Million ▲ +53 days
2013 207 days Nkr17.20 Million Nkr83.03K/day Nkr- Nkr117.00K ▲ +67 days
2012 141 days Nkr19.68 Million Nkr139.97K/day Nkr- Nkr4.24 Million ▲ +42 days
2011 99 days Nkr18.61 Million Nkr188.08K/day Nkr- Nkr4.09 Million ▼ -2351 days
2010 2450 days Nkr364.46 Million Nkr148.76K/day Nkr- Nkr344.24 Million ▼ -1162 days
2009 3612 days Nkr403.15 Million Nkr111.61K/day Nkr- Nkr380.33 Million ▲ +3305 days
2008 307 days Nkr32.10 Million Nkr104.53K/day Nkr- Nkr2.94 Million ▼ -2 days
2007 309 days Nkr35.05 Million Nkr113.42K/day Nkr- Nkr2.82 Million ▲ +96 days
2006 213 days Nkr27.59 Million Nkr129.27K/day Nkr- Nkr- ▼ -488 days
2005 702 days Nkr76.90 Million Nkr109.59K/day Nkr- Nkr59.17 Million ▲ +52 days
2004 649 days Nkr132.89 Million Nkr204.68K/day Nkr- Nkr116.74 Million ▼ -121 days
2003 771 days Nkr185.78 Million Nkr241.06K/day Nkr- Nkr172.44 Million ▲ +40 days
2002 731 days Nkr228.50 Million Nkr312.68K/day Nkr- Nkr217.55 Million ▼ -1756 days
2001 2487 days Nkr291.66 Million Nkr117.28K/day Nkr- Nkr285.49 Million ▼ -1984 days
2000 4471 days Nkr371.55 Million Nkr83.11K/day Nkr- Nkr368.95 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)