Sparebanken Vest (SVEG) — Defensive Interval Ratio

Latest as of December 2017: 1 days

Sparebanken Vest (SVEG) has a Defensive Interval Ratio of 1 days as of December 2017. Defensive assets of Nkr285.00 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr285.00 Million) cover 1 days of daily cash needs of Nkr238.83 Million/day. See Sparebanken Vest (SVEG) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

Nkr285.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr238.83 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr87.17 Billion
NOK

Sparebanken Vest Defensive Interval Ratio (2013–2017)

This chart shows how Sparebanken Vest's Defensive Interval Ratio has evolved across 5 annual periods from 2013 to 2017. As of December 2017, the ratio stands at 1 days, meaning defensive assets of Nkr285.00 Million can fund 1 days of operations without new revenue. See Sparebanken Vest balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Sparebanken Vest (2013–2017)

The table below presents the year-by-year Defensive Interval Ratio for Sparebanken Vest from 2013 to 2017, covering 5 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 market value of Sparebanken Vest.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2017 1 days Nkr285.00 Million Nkr238.83 Million/day Nkr- Nkr- ▲ +0 days
2016 1 days Nkr223.00 Million Nkr243.63 Million/day Nkr- Nkr- ▼ 0 days
2015 1 days Nkr208.00 Million Nkr218.38 Million/day Nkr- Nkr- ▲ +0 days
2014 1 days Nkr186.00 Million Nkr223.26 Million/day Nkr- Nkr- ▼ 0 days
2013 1 days Nkr238.00 Million Nkr201.16 Million/day Nkr- Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)