Readly International AB (READ) — Defensive Interval Ratio

Latest as of December 2024: 19 days

Readly International AB (READ) has a Defensive Interval Ratio of 19 days as of December 2024. Defensive assets of Skr11.62 Million (cash Skr-, short-term investments Skr-, receivables Skr11.62 Million) cover 19 days of daily cash needs of Skr609.97K/day. Check READ tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

19 days
Days of operational coverage

Defensive Assets

Skr11.62 Million
Cash + ST Investments + Receivables

Daily Cash Need

Skr609.97K
Current Liabilities ÷ 365

Current Liabilities

Skr222.64 Million
SEK

Readly International AB Defensive Interval Ratio (2016–2024)

This chart shows how Readly International AB's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 19 days, meaning defensive assets of Skr11.62 Million can fund 19 days of operations without new revenue. Also explore Readly International AB (READ) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Readly International AB (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Readly International AB from 2016 to 2024, covering 9 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 how much is Readly International AB worth.

Year DIR (days) Defensive Assets (SEK) Daily Cash Need Cash ST Investments Change (days)
2024 19 days Skr11.62 Million Skr609.97K/day Skr- Skr- ▼ -3 days
2023 22 days Skr14.45 Million Skr668.60K/day Skr- Skr- ▲ +11 days
2022 11 days Skr7.67 Million Skr724.93K/day Skr- Skr- ▲ +1 days
2021 9 days Skr6.62 Million Skr711.65K/day Skr- Skr- ▲ +2 days
2020 7 days Skr3.24 Million Skr463.89K/day Skr- Skr- ▼ -1 days
2019 8 days Skr2.59 Million Skr330.51K/day Skr- Skr- ▼ -6 days
2018 14 days Skr3.51 Million Skr256.96K/day Skr- Skr- ▼ -21 days
2017 35 days Skr5.76 Million Skr164.87K/day Skr- Skr- ▲ +15 days
2016 20 days Skr2.15 Million Skr107.45K/day Skr- Skr-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)