Vow Green Metals AS (VGM) — Defensive Interval Ratio

Latest as of December 2024: 5 days

Vow Green Metals AS (VGM) has a Defensive Interval Ratio of 5 days as of December 2024. Defensive assets of Nkr993.00K (cash Nkr-, short-term investments Nkr-, receivables Nkr993.00K) cover 5 days of daily cash needs of Nkr199.72K/day. Check tangible net worth ratio of Vow Green Metals AS to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

5 days
Days of operational coverage

Defensive Assets

Nkr993.00K
Cash + ST Investments + Receivables

Daily Cash Need

Nkr199.72K
Current Liabilities ÷ 365

Current Liabilities

Nkr72.90 Million
NOK

Vow Green Metals AS Defensive Interval Ratio (2021–2024)

This chart shows how Vow Green Metals AS's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 5 days, meaning defensive assets of Nkr993.00K can fund 5 days of operations without new revenue. Also explore how fast is Vow Green Metals AS growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Vow Green Metals AS (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for Vow Green Metals AS from 2021 to 2024, covering 3 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 Vow Green Metals AS.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2024 5 days Nkr993.00K Nkr199.72K/day Nkr- Nkr- ▼ -69 days
2022 74 days Nkr993.27K Nkr13.44K/day Nkr- Nkr- ▼ -8260 days
2021 8333 days Nkr69.44 Million Nkr8.33K/day Nkr68.13 Million Nkr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)