Novakand Pharma AB (publ) (LARK) — Defensive Interval Ratio

Latest as of December 2025: 1085 days

Novakand Pharma AB (publ) (LARK) has a Defensive Interval Ratio of 1085 days as of December 2025. Defensive assets of Skr3.68 Million (cash Skr-, short-term investments Skr3.25 Million, receivables Skr436.00K) cover 1085 days of daily cash needs of Skr3.39K/day. See Novakand Pharma AB (publ) working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1085 days
Days of operational coverage

Defensive Assets

Skr3.68 Million
Cash + ST Investments + Receivables

Daily Cash Need

Skr3.39K
Current Liabilities ÷ 365

Current Liabilities

Skr1.24 Million
SEK

Novakand Pharma AB (publ) Defensive Interval Ratio (2012–2025)

This chart shows how Novakand Pharma AB (publ)'s Defensive Interval Ratio has evolved across 9 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 1085 days, meaning defensive assets of Skr3.68 Million can fund 1085 days of operations without new revenue. See Novakand Pharma AB (publ) (LARK) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Novakand Pharma AB (publ) (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Novakand Pharma AB (publ) from 2012 to 2025, 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 Novakand Pharma AB (publ) (LARK) total market value.

Year DIR (days) Defensive Assets (SEK) Daily Cash Need Cash ST Investments Change (days)
2025 1085 days Skr3.68 Million Skr3.39K/day Skr- Skr3.25 Million ▲ +979 days
2023 106 days Skr1.21 Million Skr11.39K/day Skr- Skr- ▼ -146 days
2022 252 days Skr4.22 Million Skr16.71K/day Skr- Skr- ▲ +252 days
2021 0 days Skr0.00 Skr21.76K/day Skr- Skr- ▼ -448 days
2017 448 days Skr2.00 Million Skr4.46K/day Skr- Skr- ▲ +238 days
2016 210 days Skr466.40K Skr2.22K/day Skr- Skr- ▲ +67 days
2015 143 days Skr270.69K Skr1.90K/day Skr- Skr- ▲ +13 days
2014 130 days Skr206.51K Skr1.59K/day Skr- Skr- ▲ +110 days
2012 20 days Skr16.22K Skr812.54/day Skr- Skr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)