Nordic Iron Ore (NIO) — Defensive Interval Ratio
Nordic Iron Ore (NIO) has a Defensive Interval Ratio of 1533 days as of September 2025. Defensive assets of Skr65.00 Million (cash Skr65.00 Million, short-term investments Skr-, receivables Skr-) cover 1533 days of daily cash needs of Skr42.40K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Nordic Iron Ore Defensive Interval Ratio (2015–2024)
This chart shows how Nordic Iron Ore's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 1533 days, meaning defensive assets of Skr65.00 Million can fund 1533 days of operations without new revenue. For the complete balance sheet picture, see NIO asset base.
Annual Defensive Interval Ratio for Nordic Iron Ore (2015–2024)
The table below presents the year-by-year Defensive Interval Ratio for Nordic Iron Ore from 2015 to 2024, covering 10 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Nordic Iron Ore (NIO) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (SEK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 6298 days | Skr113.29 Million | Skr17.99K/day | Skr111.70 Million | Skr- | ▲ +6281 days |
| 2023 | 16 days | Skr1.65 Million | Skr100.11K/day | Skr866.00K | Skr- | ▼ -31 days |
| 2022 | 47 days | Skr2.98 Million | Skr62.77K/day | Skr2.72 Million | Skr- | ▼ -93 days |
| 2021 | 141 days | Skr3.14 Million | Skr22.28K/day | Skr2.81 Million | Skr- | ▼ -84 days |
| 2020 | 225 days | Skr5.51 Million | Skr24.53K/day | Skr5.20 Million | Skr- | ▼ -82 days |
| 2019 | 306 days | Skr13.40 Million | Skr43.74K/day | Skr12.96 Million | Skr- | ▼ -810 days |
| 2018 | 1116 days | Skr9.92 Million | Skr8.88K/day | Skr9.11 Million | Skr- | ▲ +1065 days |
| 2017 | 51 days | Skr2.65 Million | Skr51.58K/day | Skr2.37 Million | Skr- | ▼ -130 days |
| 2016 | 182 days | Skr1.31 Million | Skr7.21K/day | Skr970.00K | Skr- | ▲ +126 days |
| 2015 | 56 days | Skr458.00K | Skr8.21K/day | Skr- | Skr- | — |