Bangkok Airways Public Company Limited (BA) — Defensive Interval Ratio

Latest as of September 2025: 52 days

Bangkok Airways Public Company Limited (BA) has a Defensive Interval Ratio of 52 days as of September 2025. Defensive assets of ฿1.49 Billion (cash ฿-, short-term investments ฿345.27 Million, receivables ฿1.14 Billion) cover 52 days of daily cash needs of ฿28.46 Million/day.

Defensive Interval Ratio

52 days
Days of operational coverage

Defensive Assets

฿1.49 Billion
Cash + ST Investments + Receivables

Daily Cash Need

฿28.46 Million
Current Liabilities ÷ 365

Current Liabilities

฿10.39 Billion
THB

Bangkok Airways Public Company Limited Defensive Interval Ratio (2011–2024)

This chart shows how Bangkok Airways Public Company Limited's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of September 2025, the ratio stands at 52 days, meaning defensive assets of ฿1.49 Billion can fund 52 days of operations without new revenue. For the complete balance sheet picture, see Bangkok Airways Public Company Limited asset portfolio.

Annual Defensive Interval Ratio for Bangkok Airways Public Company Limited (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Bangkok Airways Public Company Limited from 2011 to 2024, covering 14 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of Bangkok Airways Public Company Limited to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (THB) Daily Cash Need Cash ST Investments Change (days)
2024 205 days ฿6.70 Billion ฿32.62 Million/day ฿- ฿5.31 Billion ▲ +135 days
2023 71 days ฿2.12 Billion ฿30.05 Million/day ฿- ฿651.18 Million ▼ -19 days
2022 90 days ฿4.24 Billion ฿47.20 Million/day ฿- ฿3.06 Billion ▲ +85 days
2021 5 days ฿313.83 Million ฿65.21 Million/day ฿- ฿0.00 ▼ -9 days
2020 14 days ฿400.71 Million ฿29.25 Million/day ฿- ฿0.00 ▼ -205 days
2019 219 days ฿5.55 Billion ฿25.36 Million/day ฿- ฿4.05 Billion ▼ 0 days
2018 219 days ฿5.01 Billion ฿22.85 Million/day ฿- ฿3.30 Billion ▼ -139 days
2017 358 days ฿8.15 Billion ฿22.78 Million/day ฿- ฿6.45 Billion ▼ -119 days
2016 477 days ฿9.58 Billion ฿20.08 Million/day ฿- ฿7.62 Billion ▲ +373 days
2015 104 days ฿1.86 Billion ฿17.88 Million/day ฿- ฿15.49 Million ▲ +10 days
2014 94 days ฿1.73 Billion ฿18.45 Million/day ฿- ฿25.14 Million ▲ +11 days
2013 83 days ฿1.72 Billion ฿20.81 Million/day ฿- ฿41.04 Million ▼ -80 days
2012 163 days ฿3.34 Billion ฿20.54 Million/day ฿- ฿59.73 Million ▲ +57 days
2011 106 days ฿1.84 Billion ฿17.39 Million/day ฿- ฿26.32 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)