Ferronordic AB (publ) (FNM) — Defensive Interval Ratio

Latest as of December 2025: 148 days

Ferronordic AB (publ) (FNM) has a Defensive Interval Ratio of 148 days as of December 2025. Defensive assets of Skr600.00 Million (cash Skr153.00 Million, short-term investments Skr-, receivables Skr447.00 Million) cover 148 days of daily cash needs of Skr4.05 Million/day. Check FNM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

148 days

Days of operational coverage

Defensive Assets

Skr600.00 Million

Cash + ST Investments + Receivables

Daily Cash Need

Skr4.05 Million

Current Liabilities ÷ 365

Current Liabilities

Skr1.48 Billion

SEK

Ferronordic AB (publ) Defensive Interval Ratio (2011–2025)

This chart shows how Ferronordic AB (publ)'s Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of December 2025, the ratio stands at 148 days, meaning defensive assets of Skr600.00 Million can fund 148 days of operations without new revenue. Also explore Ferronordic AB (publ) (FNM) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ferronordic AB (publ) (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ferronordic AB (publ) from 2011 to 2025, covering 15 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 Ferronordic AB (publ) market cap and net worth.

Year	DIR (days)	Defensive Assets (SEK)	Daily Cash Need	Cash	ST Investments	Change (days)
2025	110 days	Skr447.00 Million	Skr4.05 Million/day	Skr-	Skr-	▲ +6 days
2024	104 days	Skr600.00 Million	Skr5.76 Million/day	Skr-	Skr-	▼ -5 days
2023	110 days	Skr619.00 Million	Skr5.65 Million/day	Skr-	Skr-	▼ -729 days
2022	839 days	Skr2.03 Billion	Skr2.42 Million/day	Skr1.69 Billion	Skr-	▲ +757 days
2021	82 days	Skr506.00 Million	Skr6.18 Million/day	Skr-	Skr-	▼ -20 days
2020	102 days	Skr388.15 Million	Skr3.82 Million/day	Skr-	Skr-	▲ +36 days
2019	66 days	Skr305.55 Million	Skr4.65 Million/day	Skr-	Skr-	▼ -45 days
2018	111 days	Skr316.36 Million	Skr2.85 Million/day	Skr-	Skr-	▼ -165 days
2017	276 days	Skr590.54 Million	Skr2.14 Million/day	Skr352.24 Million	Skr-	▲ +24 days
2016	253 days	Skr397.81 Million	Skr1.57 Million/day	Skr198.85 Million	Skr-	▲ +131 days
2015	121 days	Skr160.04 Million	Skr1.32 Million/day	Skr-	Skr-	▼ -5 days
2014	126 days	Skr266.75 Million	Skr2.12 Million/day	Skr-	Skr-	▼ -13 days
2013	139 days	Skr336.96 Million	Skr2.42 Million/day	Skr-	Skr-	▲ +139 days
2012	0 days	Skr2.00	Skr1.99 Million/day	Skr-	Skr-	▼ -111 days
2011	111 days	Skr174.00 Million	Skr1.56 Million/day	Skr-	Skr-	—

DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)