Sparebanken Ost (SPOG) — Defensive Interval Ratio

Latest as of September 2019: 1 days

Sparebanken Ost (SPOG) has a Defensive Interval Ratio of 1 days as of September 2019. Defensive assets of Nkr21.70 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr21.70 Million) cover 1 days of daily cash needs of Nkr41.46 Million/day. Check Sparebanken Ost (SPOG) 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

Nkr21.70 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr41.46 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr15.13 Billion
NOK

Sparebanken Ost Defensive Interval Ratio (2013–2015)

This chart shows how Sparebanken Ost's Defensive Interval Ratio has evolved across 3 annual periods from 2013 to 2015. As of September 2019, the ratio stands at 1 days, meaning defensive assets of Nkr21.70 Million can fund 1 days of operations without new revenue. Also explore SPOG net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sparebanken Ost (2013–2015)

The table below presents the year-by-year Defensive Interval Ratio for Sparebanken Ost from 2013 to 2015, covering 3 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 SPOG company net worth.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2015 1 days Nkr25.30 Million Nkr36.80 Million/day Nkr- Nkr- ▼ -2 days
2014 2 days Nkr102.90 Million Nkr44.93 Million/day Nkr- Nkr- ▼ -1 days
2013 3 days Nkr112.00 Million Nkr39.31 Million/day Nkr- Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)