CDON AB (CDON) — Defensive Interval Ratio

Latest as of December 2024: 91 days

CDON AB (CDON) has a Defensive Interval Ratio of 91 days as of December 2024. Defensive assets of Skr71.30 Million (cash Skr-, short-term investments Skr-, receivables Skr71.30 Million) cover 91 days of daily cash needs of Skr786.85K/day. Check CDON tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

91 days
Days of operational coverage

Defensive Assets

Skr71.30 Million
Cash + ST Investments + Receivables

Daily Cash Need

Skr786.85K
Current Liabilities ÷ 365

Current Liabilities

Skr287.20 Million
SEK

CDON AB Defensive Interval Ratio (2017–2024)

This chart shows how CDON AB's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 91 days, meaning defensive assets of Skr71.30 Million can fund 91 days of operations without new revenue. Also explore CDON AB annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for CDON AB (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for CDON AB from 2017 to 2024, covering 8 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 CDON AB (CDON) market capitalisation.

Year DIR (days) Defensive Assets (SEK) Daily Cash Need Cash ST Investments Change (days)
2024 91 days Skr71.30 Million Skr786.85K/day Skr- Skr- ▲ +65 days
2023 26 days Skr18.30 Million Skr703.01K/day Skr- Skr- ▼ -39 days
2022 65 days Skr30.90 Million Skr472.88K/day Skr- Skr-300.00K ▼ -28 days
2021 93 days Skr44.50 Million Skr476.44K/day Skr- Skr100.00K ▲ +34 days
2020 59 days Skr38.50 Million Skr648.49K/day Skr- Skr- ▼ -73 days
2019 133 days Skr128.59 Million Skr969.86K/day Skr- Skr- ▲ +39 days
2018 94 days Skr99.30 Million Skr1.06 Million/day Skr- Skr- ▼ -26 days
2017 120 days Skr176.32 Million Skr1.47 Million/day Skr- Skr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)