Protector Forsikring ASA (PROT) — Defensive Interval Ratio

Latest as of December 2023: 15 days

Protector Forsikring ASA (PROT) has a Defensive Interval Ratio of 15 days as of December 2023. Defensive assets of Nkr492.60 Million (cash Nkr-, short-term investments Nkr492.60 Million, receivables Nkr-) cover 15 days of daily cash needs of Nkr33.60 Million/day. Check PROT intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

15 days
Days of operational coverage

Defensive Assets

Nkr492.60 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr33.60 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr12.26 Billion
NOK

Protector Forsikring ASA Defensive Interval Ratio (2016–2023)

This chart shows how Protector Forsikring ASA's Defensive Interval Ratio has evolved across 8 annual periods from 2016 to 2023. As of December 2023, the ratio stands at 15 days, meaning defensive assets of Nkr492.60 Million can fund 15 days of operations without new revenue. Also explore Protector Forsikring ASA net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Protector Forsikring ASA (2016–2023)

The table below presents the year-by-year Defensive Interval Ratio for Protector Forsikring ASA from 2016 to 2023, covering 8 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 Protector Forsikring ASA stock valuation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2023 24 days Nkr816.20 Million Nkr33.60 Million/day Nkr323.60 Million Nkr492.60 Million ▼ -5846 days
2022 5871 days Nkr1.73 Billion Nkr294.59K/day Nkr198.50 Million Nkr839.78 Million ▼ -7850 days
2021 13721 days Nkr2.76 Billion Nkr201.05K/day Nkr299.84 Million Nkr1.94 Billion ▼ -6515 days
2020 20236 days Nkr2.39 Billion Nkr118.04K/day Nkr263.17 Million Nkr1.81 Billion ▲ +14746 days
2019 5490 days Nkr1.06 Billion Nkr193.02K/day Nkr343.26 Million Nkr32.62 Million ▲ +2294 days
2018 3196 days Nkr814.46 Million Nkr254.84K/day Nkr278.61 Million Nkr- ▼ -944 days
2017 4140 days Nkr671.97 Million Nkr162.30K/day Nkr316.60 Million Nkr- ▼ -22589 days
2016 26729 days Nkr535.39 Million Nkr20.03K/day Nkr204.31 Million Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)