Sparebank 1 Ringerike Hadeland (RING) — Defensive Interval Ratio

Latest as of December 2021: 1 days

Sparebank 1 Ringerike Hadeland (RING) has a Defensive Interval Ratio of 1 days as of December 2021. Defensive assets of Nkr42.00 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr42.00 Million) cover 1 days of daily cash needs of Nkr51.82 Million/day. Check Sparebank 1 Ringerike Hadeland (RING) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

Nkr42.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr51.82 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr18.92 Billion
NOK

Sparebank 1 Ringerike Hadeland Defensive Interval Ratio (2013–2021)

This chart shows how Sparebank 1 Ringerike Hadeland's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of December 2021, the ratio stands at 1 days, meaning defensive assets of Nkr42.00 Million can fund 1 days of operations without new revenue. Also explore RING net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sparebank 1 Ringerike Hadeland (2013–2021)

The table below presents the year-by-year Defensive Interval Ratio for Sparebank 1 Ringerike Hadeland from 2013 to 2021, 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 Sparebank 1 Ringerike Hadeland (RING) market capitalisation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2021 1 days Nkr42.00 Million Nkr51.82 Million/day Nkr- Nkr- ▲ +0 days
2020 1 days Nkr40.00 Million Nkr49.61 Million/day Nkr- Nkr- ▼ -1 days
2019 1 days Nkr57.84 Million Nkr43.60 Million/day Nkr- Nkr- ▲ +0 days
2018 1 days Nkr48.19 Million Nkr40.02 Million/day Nkr- Nkr- ▲ +0 days
2017 1 days Nkr43.71 Million Nkr36.60 Million/day Nkr- Nkr- ▼ 0 days
2016 1 days Nkr43.72 Million Nkr35.21 Million/day Nkr- Nkr- ▼ -1 days
2015 2 days Nkr65.01 Million Nkr35.25 Million/day Nkr- Nkr- ▼ 0 days
2014 2 days Nkr64.87 Million Nkr31.88 Million/day Nkr- Nkr- ▼ 0 days
2013 2 days Nkr69.93 Million Nkr29.33 Million/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)