Sparebanken Sor (SOR) — Defensive Interval Ratio

Latest as of March 2022: 1 days

Sparebanken Sor (SOR) has a Defensive Interval Ratio of 1 days as of March 2022. Defensive assets of Nkr192.00 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr192.00 Million) cover 1 days of daily cash needs of Nkr184.21 Million/day. Check Sparebanken Sor (SOR) 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

Nkr192.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr184.21 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr67.24 Billion
NOK

Sparebanken Sor Defensive Interval Ratio (2016–2021)

This chart shows how Sparebanken Sor's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of March 2022, the ratio stands at 1 days, meaning defensive assets of Nkr192.00 Million can fund 1 days of operations without new revenue. Also explore net asset momentum of Sparebanken Sor to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sparebanken Sor (2016–2021)

The table below presents the year-by-year Defensive Interval Ratio for Sparebanken Sor from 2016 to 2021, covering 6 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 SOR market cap overview.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2021 1 days Nkr167.00 Million Nkr176.74 Million/day Nkr- Nkr- ▲ +0 days
2020 1 days Nkr147.00 Million Nkr167.57 Million/day Nkr- Nkr- ▼ 0 days
2019 1 days Nkr222.00 Million Nkr161.38 Million/day Nkr- Nkr- ▲ +0 days
2018 1 days Nkr173.00 Million Nkr156.50 Million/day Nkr- Nkr- ▼ 0 days
2017 1 days Nkr175.00 Million Nkr154.36 Million/day Nkr- Nkr- ▲ +0 days
2016 1 days Nkr155.00 Million Nkr144.02 Million/day Nkr- Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)