Norva24 Group AB (NORVA) — Defensive Interval Ratio
Norva24 Group AB (NORVA) has a Defensive Interval Ratio of 194 days as of December 2024. Defensive assets of Skr480.30 Million (cash Skr-, short-term investments Skr-, receivables Skr480.30 Million) cover 194 days of daily cash needs of Skr2.47 Million/day. See how liquid is Norva24 Group 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
Norva24 Group AB Defensive Interval Ratio (2017–2024)
This chart shows how Norva24 Group AB's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of December 2024, the ratio stands at 194 days, meaning defensive assets of Skr480.30 Million can fund 194 days of operations without new revenue. See Norva24 Group AB balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Norva24 Group AB (2017–2024)
The table below presents the year-by-year Defensive Interval Ratio for Norva24 Group AB from 2017 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 market cap of Norva24 Group AB.
| Year | DIR (days) | Defensive Assets (SEK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 194 days | Skr480.30 Million | Skr2.47 Million/day | Skr- | Skr- | ▼ -7 days |
| 2023 | 202 days | Skr446.40 Million | Skr2.21 Million/day | Skr- | Skr4.50 Million | ▲ +12 days |
| 2022 | 190 days | Skr344.80 Million | Skr1.81 Million/day | Skr- | Skr4.70 Million | ▲ +56 days |
| 2021 | 134 days | Skr281.40 Million | Skr2.10 Million/day | Skr- | Skr- | ▼ -19 days |
| 2020 | 154 days | Skr238.80 Million | Skr1.55 Million/day | Skr- | Skr- | ▼ -8 days |
| 2019 | 162 days | Skr192.70 Million | Skr1.19 Million/day | Skr- | Skr- | ▼ -36 days |
| 2018 | 198 days | Skr168.42 Million | Skr849.59K/day | Skr- | Skr43.25K | ▼ -134 days |
| 2017 | 333 days | Skr155.87 Million | Skr468.57K/day | Skr- | Skr- | — |