Sparebank 1 Nordvest (SNOR) — Defensive Interval Ratio

Latest as of June 2023: 1 days

Sparebank 1 Nordvest (SNOR) has a Defensive Interval Ratio of 1 days as of June 2023. Defensive assets of Nkr33.00 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr33.00 Million) cover 1 days of daily cash needs of Nkr49.56 Million/day.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

Nkr33.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr49.56 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr18.09 Billion
NOK

Sparebank 1 Nordvest Defensive Interval Ratio (2015–2022)

This chart shows how Sparebank 1 Nordvest's Defensive Interval Ratio has evolved across 7 annual periods from 2015 to 2022. As of June 2023, the ratio stands at 1 days, meaning defensive assets of Nkr33.00 Million can fund 1 days of operations without new revenue. For the complete balance sheet picture, see Sparebank 1 Nordvest assets under control.

Annual Defensive Interval Ratio for Sparebank 1 Nordvest (2015–2022)

The table below presents the year-by-year Defensive Interval Ratio for Sparebank 1 Nordvest from 2015 to 2022, 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. See Sparebank 1 Nordvest working capital to net assets 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)
2022 0 days Nkr19.00 Million Nkr47.96 Million/day Nkr- Nkr- ▲ +0 days
2021 0 days Nkr12.00 Million Nkr46.07 Million/day Nkr- Nkr- ▲ +0 days
2020 0 days Nkr6.77 Million Nkr30.14 Million/day Nkr- Nkr- ▲ +0 days
2019 0 days Nkr5.64 Million Nkr26.95 Million/day Nkr- Nkr- ▼ 0 days
2018 0 days Nkr6.57 Million Nkr24.55 Million/day Nkr- Nkr- ▲ +0 days
2017 0 days Nkr3.54 Million Nkr24.26 Million/day Nkr- Nkr- ▼ -9 days
2015 9 days Nkr185.87 Million Nkr21.06 Million/day Nkr- Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)