Ultimovacs ASA (ULTI) — Defensive Interval Ratio

Latest as of March 2024: 10 days

Ultimovacs ASA (ULTI) has a Defensive Interval Ratio of 10 days as of March 2024. Defensive assets of Nkr961.00K (cash Nkr-, short-term investments Nkr961.00K, receivables Nkr-) cover 10 days of daily cash needs of Nkr96.50K/day. Check Ultimovacs ASA (ULTI) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

10 days
Days of operational coverage

Defensive Assets

Nkr961.00K
Cash + ST Investments + Receivables

Daily Cash Need

Nkr96.50K
Current Liabilities ÷ 365

Current Liabilities

Nkr35.22 Million
NOK

Ultimovacs ASA Defensive Interval Ratio (2016–2022)

This chart shows how Ultimovacs ASA's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of March 2024, the ratio stands at 10 days, meaning defensive assets of Nkr961.00K can fund 10 days of operations without new revenue. Also explore ULTI net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ultimovacs ASA (2016–2022)

The table below presents the year-by-year Defensive Interval Ratio for Ultimovacs ASA from 2016 to 2022, covering 7 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 cap of Ultimovacs ASA.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2022 104 days Nkr13.08 Million Nkr125.77K/day Nkr1.82 Million Nkr4.99 Million ▲ +6 days
2021 98 days Nkr13.62 Million Nkr139.44K/day Nkr1.85 Million Nkr5.31 Million ▼ -121 days
2020 219 days Nkr16.46 Million Nkr75.25K/day Nkr1.83 Million Nkr6.94 Million ▼ -46 days
2019 265 days Nkr14.68 Million Nkr55.50K/day Nkr1.32 Million Nkr5.80 Million ▲ +26 days
2018 238 days Nkr12.39 Million Nkr51.99K/day Nkr978.00K Nkr5.23 Million ▼ -48 days
2017 287 days Nkr9.70 Million Nkr33.82K/day Nkr807.00K Nkr4.23 Million ▼ -429 days
2016 716 days Nkr10.23 Million Nkr14.29K/day Nkr722.00K Nkr4.53 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)