Thaire Life Assurance Public Company Limited (THREL) — Defensive Interval Ratio

Latest as of June 2024: 1004 days

Thaire Life Assurance Public Company Limited (THREL) has a Defensive Interval Ratio of 1004 days as of June 2024. Defensive assets of ฿327.34 Million (cash ฿-, short-term investments ฿31.98K, receivables ฿327.30 Million) cover 1004 days of daily cash needs of ฿325.97K/day. Check tangible equity quality of Thaire Life Assurance Public Company Lim to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1004 days
Days of operational coverage

Defensive Assets

฿327.34 Million
Cash + ST Investments + Receivables

Daily Cash Need

฿325.97K
Current Liabilities ÷ 365

Current Liabilities

฿118.98 Million
THB

Thaire Life Assurance Public Company Limited Defensive Interval Ratio (2011–2023)

This chart shows how Thaire Life Assurance Public Company Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2011 to 2023. As of June 2024, the ratio stands at 1004 days, meaning defensive assets of ฿327.34 Million can fund 1004 days of operations without new revenue. Also explore THREL net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Thaire Life Assurance Public Company Limited (2011–2023)

The table below presents the year-by-year Defensive Interval Ratio for Thaire Life Assurance Public Company Limited from 2011 to 2023, covering 13 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 Thaire Life Assurance Public Company Lim (THREL) market capitalisation.

Year DIR (days) Defensive Assets (THB) Daily Cash Need Cash ST Investments Change (days)
2023 530 days ฿276.33 Million ฿521.73K/day ฿- ฿10.00 Million ▼ -788 days
2022 1318 days ฿1.10 Billion ฿833.40K/day ฿- ฿824.87 Million ▼ -1542 days
2021 2860 days ฿1.15 Billion ฿402.15K/day ฿- ฿1.02 Billion ▲ +1477 days
2020 1383 days ฿1.32 Billion ฿951.92K/day ฿- ฿882.98 Million ▼ -2517 days
2019 3901 days ฿1.46 Billion ฿375.37K/day ฿- ฿1.25 Billion ▲ +836 days
2018 3065 days ฿1.55 Billion ฿505.68K/day ฿- ฿1.35 Billion ▲ +86 days
2017 2979 days ฿1.49 Billion ฿498.48K/day ฿- ฿1.27 Billion ▲ +455 days
2016 2525 days ฿1.28 Billion ฿505.21K/day ฿- ฿1.00 Billion ▲ +281 days
2015 2243 days ฿947.88 Million ฿422.51K/day ฿- ฿700.17 Million ▲ +1225 days
2014 1019 days ฿790.23 Million ฿775.58K/day ฿- ฿526.72 Million ▼ -490 days
2013 1509 days ฿702.81 Million ฿465.69K/day ฿- ฿473.09 Million ▲ +690 days
2012 819 days ฿401.98 Million ฿490.97K/day ฿- ฿284.38 Million ▲ +104 days
2011 714 days ฿243.08 Million ฿340.22K/day ฿- ฿242.07 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)