Pierce Group AB (PIERCE) — Defensive Interval Ratio
Pierce Group AB (PIERCE) has a Defensive Interval Ratio of 22 days as of December 2024. Defensive assets of Skr23.00 Million (cash Skr-, short-term investments Skr-, receivables Skr23.00 Million) cover 22 days of daily cash needs of Skr1.06 Million/day. See PIERCE working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Pierce Group AB Defensive Interval Ratio (2018–2024)
This chart shows how Pierce Group AB's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of December 2024, the ratio stands at 22 days, meaning defensive assets of Skr23.00 Million can fund 22 days of operations without new revenue. See Pierce Group AB net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Pierce Group AB (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for Pierce Group AB from 2018 to 2024, covering 7 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 value of Pierce Group AB.
| Year | DIR (days) | Defensive Assets (SEK) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 22 days | Skr23.00 Million | Skr1.06 Million/day | Skr- | Skr- | ▲ +8 days |
| 2023 | 14 days | Skr11.00 Million | Skr800.00K/day | Skr- | Skr- | ▲ +5 days |
| 2022 | 9 days | Skr7.00 Million | Skr810.96K/day | Skr- | Skr- | ▼ -2 days |
| 2021 | 11 days | Skr15.00 Million | Skr1.42 Million/day | Skr- | Skr- | ▼ -1 days |
| 2020 | 12 days | Skr12.00 Million | Skr1.02 Million/day | Skr- | Skr- | ▼ -19 days |
| 2019 | 31 days | Skr22.00 Million | Skr717.81K/day | Skr- | Skr- | ▼ -29 days |
| 2018 | 60 days | Skr39.00 Million | Skr649.32K/day | Skr- | Skr- | — |