Awardit AB (AWRD) — Defensive Interval Ratio

Latest as of June 2024: 304 days

Awardit AB (AWRD) has a Defensive Interval Ratio of 304 days as of June 2024. Defensive assets of Skr324.51 Million (cash Skr-, short-term investments Skr65.88 Million, receivables Skr258.63 Million) cover 304 days of daily cash needs of Skr1.07 Million/day.

Defensive Interval Ratio

304 days
Days of operational coverage

Defensive Assets

Skr324.51 Million
Cash + ST Investments + Receivables

Daily Cash Need

Skr1.07 Million
Current Liabilities ÷ 365

Current Liabilities

Skr389.52 Million
SEK

Awardit AB Defensive Interval Ratio (2016–2024)

This chart shows how Awardit AB's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2024, the ratio stands at 304 days, meaning defensive assets of Skr324.51 Million can fund 304 days of operations without new revenue. For the complete balance sheet picture, see Awardit AB (AWRD) total assets.

Annual Defensive Interval Ratio for Awardit AB (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Awardit AB from 2016 to 2024, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See AWRD current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (SEK) Daily Cash Need Cash ST Investments Change (days)
2024 190 days Skr320.68 Million Skr1.69 Million/day Skr- Skr- ▼ -56 days
2023 246 days Skr344.99 Million Skr1.40 Million/day Skr- Skr27.82 Million ▲ +92 days
2022 155 days Skr231.43 Million Skr1.50 Million/day Skr- Skr- ▼ -84 days
2021 239 days Skr257.00 Million Skr1.08 Million/day Skr- Skr- ▼ -23 days
2020 261 days Skr81.04 Million Skr310.28K/day Skr- Skr- ▲ +17 days
2019 244 days Skr79.81 Million Skr326.92K/day Skr- Skr- ▼ -6 days
2018 250 days Skr84.61 Million Skr338.80K/day Skr- Skr- ▲ +172 days
2017 77 days Skr2.41 Million Skr31.07K/day Skr- Skr- ▼ -322 days
2016 399 days Skr8.03 Million Skr20.11K/day Skr- Skr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)