Techstep ASA (TECH) — Defensive Interval Ratio

Latest as of June 2025: 106 days

Techstep ASA (TECH) has a Defensive Interval Ratio of 106 days as of June 2025. Defensive assets of Nkr110.59 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr110.59 Million) cover 106 days of daily cash needs of Nkr1.05 Million/day. Check Techstep ASA tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

106 days
Days of operational coverage

Defensive Assets

Nkr110.59 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr1.05 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr381.51 Million
NOK

Techstep ASA Defensive Interval Ratio (2010–2024)

This chart shows how Techstep ASA's Defensive Interval Ratio has evolved across 15 annual periods from 2010 to 2024. As of June 2025, the ratio stands at 106 days, meaning defensive assets of Nkr110.59 Million can fund 106 days of operations without new revenue. Also explore Techstep ASA (TECH) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Techstep ASA (2010–2024)

The table below presents the year-by-year Defensive Interval Ratio for Techstep ASA from 2010 to 2024, covering 15 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 Techstep ASA market capitalisation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 141 days Nkr165.52 Million Nkr1.17 Million/day Nkr30.78 Million Nkr- ▼ -27 days
2023 168 days Nkr236.53 Million Nkr1.41 Million/day Nkr77.46 Million Nkr- ▲ +0 days
2022 168 days Nkr277.55 Million Nkr1.65 Million/day Nkr61.12 Million Nkr2.65 Million ▼ -15 days
2021 183 days Nkr301.91 Million Nkr1.65 Million/day Nkr50.35 Million Nkr- ▲ +160 days
2020 22 days Nkr27.37 Million Nkr1.22 Million/day Nkr27.20 Million Nkr169.00K ▼ -220 days
2019 242 days Nkr205.16 Million Nkr846.26K/day Nkr44.59 Million Nkr- ▼ -25 days
2018 267 days Nkr186.74 Million Nkr699.03K/day Nkr39.74 Million Nkr- ▼ -4 days
2017 271 days Nkr192.28 Million Nkr709.89K/day Nkr35.28 Million Nkr-1.00K ▲ +16 days
2016 255 days Nkr164.44 Million Nkr645.09K/day Nkr81.69 Million Nkr-506.00K ▲ +3456 days
2015 -3202 days Nkr-103.75 Million Nkr32.41K/day Nkr- Nkr- ▼ -3358 days
2014 157 days Nkr7.88 Million Nkr50.25K/day Nkr- Nkr- ▼ -191 days
2013 348 days Nkr14.49 Million Nkr41.61K/day Nkr- Nkr- ▲ +119 days
2012 230 days Nkr11.84 Million Nkr51.57K/day Nkr- Nkr- ▲ +88 days
2011 142 days Nkr8.88 Million Nkr62.72K/day Nkr- Nkr- ▼ -77 days
2010 219 days Nkr21.00 Million Nkr95.88K/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)