Sparebank 1 Nordvest (SNOR) — Defensive Interval Ratio
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. Check Sparebank 1 Nordvest tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. Also explore net asset momentum of Sparebank 1 Nordvest to track the company's year-over-year net asset growth rate.
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. For live market cap and the full company financial profile, see Sparebank 1 Nordvest stock valuation.
| 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- | — |