Voss Veksel og Landmandsbank ASA (VVL) — Defensive Interval Ratio

Latest as of December 2021: 0 days

Voss Veksel og Landmandsbank ASA (VVL) has a Defensive Interval Ratio of 0 days as of December 2021. Defensive assets of Nkr1.26 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr1.26 Million) cover 0 days of daily cash needs of Nkr11.80 Million/day. See VVL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

Nkr1.26 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr11.80 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr4.31 Billion
NOK

Voss Veksel og Landmandsbank ASA Defensive Interval Ratio (2016–2021)

This chart shows how Voss Veksel og Landmandsbank ASA's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of December 2021, the ratio stands at 0 days, meaning defensive assets of Nkr1.26 Million can fund 0 days of operations without new revenue. See Voss Veksel og Landmandsbank ASA (VVL) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Voss Veksel og Landmandsbank ASA (2016–2021)

The table below presents the year-by-year Defensive Interval Ratio for Voss Veksel og Landmandsbank ASA from 2016 to 2021, covering 6 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 Voss Veksel og Landmandsbank ASA stock valuation.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2021 0 days Nkr1.26 Million Nkr11.80 Million/day Nkr- Nkr- ▼ 0 days
2020 0 days Nkr1.33 Million Nkr10.92 Million/day Nkr- Nkr- ▼ 0 days
2019 0 days Nkr1.74 Million Nkr10.29 Million/day Nkr- Nkr- ▲ +0 days
2018 0 days Nkr1.07 Million Nkr9.53 Million/day Nkr- Nkr- ▼ -1 days
2017 1 days Nkr6.67 Million Nkr8.07 Million/day Nkr- Nkr- ▲ +0 days
2016 1 days Nkr5.24 Million Nkr8.24 Million/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)