Awardit AB (AWRD) — Defensive Interval Ratio
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. Check AWRD tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. Also explore AWRD year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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. For live market cap and the full company financial profile, see market cap of Awardit AB.
| 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- | — |