Fortnox AB (FNOX) — Defensive Interval Ratio

Latest as of March 2025: 458 days

Fortnox AB (FNOX) has a Defensive Interval Ratio of 458 days as of March 2025. Defensive assets of Skr1.05 Billion (cash Skr-, short-term investments Skr-, receivables Skr1.05 Billion) cover 458 days of daily cash needs of Skr2.29 Million/day. Check Fortnox AB tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

458 days
Days of operational coverage

Defensive Assets

Skr1.05 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Skr2.29 Million
Current Liabilities ÷ 365

Current Liabilities

Skr837.00 Million
SEK

Fortnox AB Defensive Interval Ratio (2008–2024)

This chart shows how Fortnox AB's Defensive Interval Ratio has evolved across 17 annual periods from 2008 to 2024. As of March 2025, the ratio stands at 458 days, meaning defensive assets of Skr1.05 Billion can fund 458 days of operations without new revenue. Also explore FNOX year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Fortnox AB (2008–2024)

The table below presents the year-by-year Defensive Interval Ratio for Fortnox AB from 2008 to 2024, covering 17 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 Fortnox AB (FNOX) total market value.

Year DIR (days) Defensive Assets (SEK) Daily Cash Need Cash ST Investments Change (days)
2024 419 days Skr949.00 Million Skr2.27 Million/day Skr- Skr- ▲ +361 days
2023 58 days Skr114.00 Million Skr1.98 Million/day Skr- Skr- ▼ -280 days
2022 337 days Skr514.90 Million Skr1.53 Million/day Skr- Skr-300.00K ▲ +74 days
2021 263 days Skr371.50 Million Skr1.41 Million/day Skr- Skr-300.00K ▲ +187 days
2020 76 days Skr64.04 Million Skr838.45K/day Skr- Skr- ▼ -115 days
2019 191 days Skr142.27 Million Skr745.07K/day Skr- Skr- ▲ +58 days
2018 133 days Skr86.46 Million Skr648.04K/day Skr- Skr- ▲ +39 days
2017 94 days Skr57.95 Million Skr613.86K/day Skr- Skr- ▼ -26 days
2016 120 days Skr32.30 Million Skr268.04K/day Skr- Skr- ▲ +52 days
2015 68 days Skr13.69 Million Skr200.16K/day Skr- Skr- ▼ -48 days
2014 116 days Skr14.59 Million Skr125.57K/day Skr- Skr- ▼ -104 days
2013 220 days Skr7.88 Million Skr35.78K/day Skr- Skr- ▼ -78 days
2012 299 days Skr7.56 Million Skr25.31K/day Skr- Skr- ▲ +24 days
2011 275 days Skr5.52 Million Skr20.11K/day Skr- Skr- ▼ -30 days
2010 304 days Skr3.98 Million Skr13.07K/day Skr- Skr- ▲ +111 days
2009 193 days Skr3.71 Million Skr19.23K/day Skr- Skr- ▼ -54 days
2008 247 days Skr3.05 Million Skr12.37K/day Skr- Skr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)