Norion Bank (NORION) — Defensive Interval Ratio

Latest as of December 2024: 1 days

Norion Bank (NORION) has a Defensive Interval Ratio of 1 days as of December 2024. Defensive assets of Skr172.00 Million (cash Skr-, short-term investments Skr-, receivables Skr172.00 Million) cover 1 days of daily cash needs of Skr146.69 Million/day. Check NORION tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

Skr172.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

Skr146.69 Million
Current Liabilities ÷ 365

Current Liabilities

Skr53.54 Billion
SEK

Norion Bank Defensive Interval Ratio (2016–2024)

This chart shows how Norion Bank's Defensive Interval Ratio has evolved across 8 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 1 days, meaning defensive assets of Skr172.00 Million can fund 1 days of operations without new revenue. Also explore NORION shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Norion Bank (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Norion Bank from 2016 to 2024, 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 live market cap and the full company financial profile, see Norion Bank market capitalisation.

Year DIR (days) Defensive Assets (SEK) Daily Cash Need Cash ST Investments Change (days)
2024 1 days Skr172.00 Million Skr146.69 Million/day Skr- Skr- ▲ +43 days
2023 -41 days Skr-4.88 Billion Skr117.81 Million/day Skr- Skr-4.97 Billion ▼ -42 days
2022 0 days Skr31.00 Million Skr101.31 Million/day Skr- Skr- ▼ 0 days
2021 0 days Skr34.00 Million Skr86.17 Million/day Skr- Skr- ▲ +0 days
2020 0 days Skr18.00 Million Skr85.38 Million/day Skr- Skr- ▼ -1 days
2019 2 days Skr139.00 Million Skr81.49 Million/day Skr- Skr- ▼ -2 days
2017 4 days Skr170.00 Million Skr42.24 Million/day Skr- Skr- ▼ 0 days
2016 4 days Skr140.00 Million Skr31.34 Million/day Skr- Skr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)