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.

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. For the complete balance sheet picture, see SVEG asset base.

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. See Sparebanken Vest short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

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)