Sogn Sparebank (SOGN) — Defensive Interval Ratio

Latest as of December 2021: 0 days

Sogn Sparebank (SOGN) has a Defensive Interval Ratio of 0 days as of December 2021. Defensive assets of Nkr3.79 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr3.79 Million) cover 0 days of daily cash needs of Nkr15.51 Million/day. Check Sogn Sparebank tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

Nkr3.79 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr15.51 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr5.66 Billion
NOK

Sogn Sparebank Defensive Interval Ratio (2018–2021)

This chart shows how Sogn Sparebank's Defensive Interval Ratio has evolved across 4 annual periods from 2018 to 2021. As of December 2021, the ratio stands at 0 days, meaning defensive assets of Nkr3.79 Million can fund 0 days of operations without new revenue. Also explore Sogn Sparebank equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sogn Sparebank (2018–2021)

The table below presents the year-by-year Defensive Interval Ratio for Sogn Sparebank from 2018 to 2021, covering 4 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 Sogn Sparebank (SOGN) market capitalisation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2021 0 days Nkr3.79 Million Nkr15.51 Million/day Nkr- Nkr- ▼ 0 days
2020 0 days Nkr4.08 Million Nkr15.06 Million/day Nkr- Nkr- ▲ +0 days
2019 0 days Nkr1.22 Million Nkr14.28 Million/day Nkr- Nkr- ▼ 0 days
2018 0 days Nkr1.41 Million Nkr8.41 Million/day Nkr- Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)