Storebrand ASA (STB) — Defensive Interval Ratio

Latest as of June 2023: 186 days

Storebrand ASA (STB) has a Defensive Interval Ratio of 186 days as of June 2023. Defensive assets of Nkr44.35 Billion (cash Nkr-, short-term investments Nkr-, receivables Nkr44.35 Billion) cover 186 days of daily cash needs of Nkr238.75 Million/day. See working capital to net assets of Storebrand ASA to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

186 days
Days of operational coverage

Defensive Assets

Nkr44.35 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Nkr238.75 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr87.14 Billion
NOK

Storebrand ASA Defensive Interval Ratio (2013–2021)

This chart shows how Storebrand ASA's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at 186 days, meaning defensive assets of Nkr44.35 Billion can fund 186 days of operations without new revenue. See how leveraged is Storebrand ASA's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Storebrand ASA (2013–2021)

The table below presents the year-by-year Defensive Interval Ratio for Storebrand ASA from 2013 to 2021, covering 9 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 Storebrand ASA (STB) total market value.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2021 7 days Nkr11.66 Billion Nkr1.69 Billion/day Nkr- Nkr- ▲ +2 days
2020 5 days Nkr7.42 Billion Nkr1.57 Billion/day Nkr- Nkr- ▲ +1 days
2019 4 days Nkr5.27 Billion Nkr1.38 Billion/day Nkr- Nkr- ▼ -2 days
2018 6 days Nkr8.02 Billion Nkr1.29 Billion/day Nkr- Nkr- ▲ +2 days
2017 4 days Nkr5.57 Billion Nkr1.27 Billion/day Nkr- Nkr- ▲ +1 days
2016 3 days Nkr3.74 Billion Nkr1.19 Billion/day Nkr- Nkr- ▼ -2 days
2015 5 days Nkr5.76 Billion Nkr1.18 Billion/day Nkr- Nkr- ▼ 0 days
2014 5 days Nkr5.46 Billion Nkr1.11 Billion/day Nkr- Nkr- ▼ -1 days
2013 6 days Nkr5.55 Billion Nkr986.81 Million/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)