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. Check Pierce Group AB tangible net worth ratio to evaluate the tangible quality of 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. Also explore PIERCE year-over-year net asset growth to track the company's year-over-year net asset growth rate.
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 Pierce Group AB market capitalisation.
| 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- | — |