Northgold AB Defensive Interval Ratio
Northgold AB defensive interval ratio. Northgold AB (NG) has a Defensive Interval Ratio of 175 days as of December 2023. Defensive assets of Skr1.46 Million (cash Skr-, short-term investments Skr-, receivables Skr1.46 Million) cover 175 days of daily cash needs of Skr8.34K/day. See how liquid is Northgold AB's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Northgold AB (2016–2023)
Defensive interval ratio of Northgold AB from 2016 to 2023. This chart shows how Northgold AB's Defensive Interval Ratio has evolved across 8 annual periods from 2016 to 2023. As of December 2023, the ratio stands at 175 days, meaning defensive assets of Skr1.46 Million can fund 175 days of operations without new revenue. Check how resilient are Northgold AB's assets to evaluate the company's liquid asset resilience ratio.
Northgold AB Defensive Interval Ratio by Year (2016–2023)
Northgold AB defensive interval ratio by year from 2016 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Northgold AB from 2016 to 2023, 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 the complete balance sheet picture, see Northgold AB total assets.
| Year | DIR (days) | Defensive Assets (SEK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 199 days | Skr1.46 Million | Skr7.33K/day | Skr- | Skr- | ▼ -735 days |
| 2022 | 934 days | Skr5.37 Million | Skr5.75K/day | Skr4.41 Million | Skr- | ▼ -2785 days |
| 2021 | 3719 days | Skr3.84 Million | Skr1.03K/day | Skr3.59 Million | Skr- | ▼ -173104 days |
| 2020 | 176823 days | Skr3.23 Million | Skr18.26/day | Skr3.23 Million | Skr- | ▲ +176572 days |
| 2019 | 250 days | Skr64.98 Million | Skr259.53K/day | Skr2.86 Million | Skr- | ▼ -5 days |
| 2018 | 256 days | Skr78.26 Million | Skr306.24K/day | Skr4.83 Million | Skr- | ▼ -47 days |
| 2017 | 303 days | Skr97.32 Million | Skr321.55K/day | Skr4.77 Million | Skr- | ▼ -211 days |
| 2016 | 514 days | Skr106.07 Million | Skr206.34K/day | Skr30.44 Million | Skr- | — |