Thor Medical ASA (TRMED) — Defensive Interval Ratio
Thor Medical ASA (TRMED) has a Defensive Interval Ratio of 280 days as of June 2025. Defensive assets of Nkr21.50 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr21.50 Million) cover 280 days of daily cash needs of Nkr76.71K/day. Check Thor Medical ASA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Thor Medical ASA Defensive Interval Ratio (2020–2024)
This chart shows how Thor Medical ASA's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 280 days, meaning defensive assets of Nkr21.50 Million can fund 280 days of operations without new revenue. Also explore TRMED shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Thor Medical ASA (2020–2024)
The table below presents the year-by-year Defensive Interval Ratio for Thor Medical ASA from 2020 to 2024, 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 Thor Medical ASA.
| Year | DIR (days) | Defensive Assets (NOK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 104 days | Nkr6.50 Million | Nkr62.74K/day | Nkr1.00K | Nkr- | ▼ -3578 days |
| 2023 | 3682 days | Nkr44.85 Million | Nkr12.18K/day | Nkr41.77 Million | Nkr483.00K | ▲ +2827 days |
| 2022 | 855 days | Nkr103.74 Million | Nkr121.32K/day | Nkr98.72 Million | Nkr- | ▲ +175 days |
| 2021 | 680 days | Nkr282.79 Million | Nkr415.60K/day | Nkr277.71 Million | Nkr- | ▼ -172 days |
| 2020 | 852 days | Nkr300.16 Million | Nkr352.22K/day | Nkr293.98 Million | Nkr- | — |