The Steel Public Company Limited (THE) — Defensive Interval Ratio

Latest as of September 2025: 232 days

The Steel Public Company Limited (THE) has a Defensive Interval Ratio of 232 days as of September 2025. Defensive assets of ฿1.13 Billion (cash ฿-, short-term investments ฿-, receivables ฿1.13 Billion) cover 232 days of daily cash needs of ฿4.88 Million/day. See THE net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

232 days
Days of operational coverage

Defensive Assets

฿1.13 Billion
Cash + ST Investments + Receivables

Daily Cash Need

฿4.88 Million
Current Liabilities ÷ 365

Current Liabilities

฿1.78 Billion
THB

The Steel Public Company Limited Defensive Interval Ratio (2006–2024)

This chart shows how The Steel Public Company Limited's Defensive Interval Ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 232 days, meaning defensive assets of ฿1.13 Billion can fund 232 days of operations without new revenue. See The Steel Public Company Limited balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for The Steel Public Company Limited (2006–2024)

The table below presents the year-by-year Defensive Interval Ratio for The Steel Public Company Limited from 2006 to 2024, covering 19 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 The Steel Public Company Limited (THE) total market value.

Year DIR (days) Defensive Assets (THB) Daily Cash Need Cash ST Investments Change (days)
2024 184 days ฿1.17 Billion ฿6.38 Million/day ฿- ฿- ▲ +44 days
2023 140 days ฿894.04 Million ฿6.39 Million/day ฿- ฿- ▼ -28 days
2022 168 days ฿1.36 Billion ฿8.06 Million/day ฿- ฿- ▼ -23 days
2021 191 days ฿1.59 Billion ฿8.33 Million/day ฿- ฿- ▼ -13 days
2020 205 days ฿1.50 Billion ฿7.32 Million/day ฿- ฿- ▼ -8 days
2019 212 days ฿2.03 Billion ฿9.56 Million/day ฿- ฿- ▼ -2 days
2018 214 days ฿1.98 Billion ฿9.24 Million/day ฿- ฿0.00 ▲ +111 days
2017 103 days ฿1.07 Billion ฿10.42 Million/day ฿- ฿3.69 ▼ -85 days
2016 188 days ฿1.85 Billion ฿9.82 Million/day ฿- ฿9.51 Million ▼ -13 days
2015 201 days ฿1.48 Billion ฿7.36 Million/day ฿- ฿5.07 Million ▲ +45 days
2014 156 days ฿1.36 Billion ฿8.72 Million/day ฿- ฿3.92 Million ▲ +29 days
2013 127 days ฿1.11 Billion ฿8.72 Million/day ฿- ฿42.62 Million ▼ -6 days
2012 132 days ฿1.55 Billion ฿11.72 Million/day ฿- ฿- ▼ -47 days
2011 179 days ฿1.91 Billion ฿10.65 Million/day ฿- ฿- ▼ -23 days
2010 202 days ฿981.31 Million ฿4.85 Million/day ฿- ฿- ▼ -44 days
2009 246 days ฿742.46 Million ฿3.02 Million/day ฿- ฿- ▼ -82 days
2008 328 days ฿689.11 Million ฿2.10 Million/day ฿- ฿- ▼ -98 days
2007 426 days ฿739.19 Million ฿1.74 Million/day ฿- ฿- ▲ +197 days
2006 229 days ฿1.15 Billion ฿5.03 Million/day ฿- ฿- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)