Thai Oil Public Company Limited (TOP) — Defensive Interval Ratio

Latest as of December 2025: 120 days

Thai Oil Public Company Limited (TOP) has a Defensive Interval Ratio of 120 days as of December 2025. Defensive assets of ฿29.72 Billion (cash ฿-, short-term investments ฿6.03 Billion, receivables ฿23.69 Billion) cover 120 days of daily cash needs of ฿247.64 Million/day. Check tangible equity quality of Thai Oil Public Company Limited to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

120 days
Days of operational coverage

Defensive Assets

฿29.72 Billion
Cash + ST Investments + Receivables

Daily Cash Need

฿247.64 Million
Current Liabilities ÷ 365

Current Liabilities

฿90.39 Billion
THB

Thai Oil Public Company Limited Defensive Interval Ratio (2003–2025)

This chart shows how Thai Oil Public Company Limited's Defensive Interval Ratio has evolved across 23 annual periods from 2003 to 2025. As of December 2025, the ratio stands at 120 days, meaning defensive assets of ฿29.72 Billion can fund 120 days of operations without new revenue. Also explore net asset growth rate of Thai Oil Public Company Limited to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Thai Oil Public Company Limited (2003–2025)

The table below presents the year-by-year Defensive Interval Ratio for Thai Oil Public Company Limited from 2003 to 2025, covering 23 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 market value of Thai Oil Public Company Limited.

Year DIR (days) Defensive Assets (THB) Daily Cash Need Cash ST Investments Change (days)
2025 120 days ฿29.72 Billion ฿247.64 Million/day ฿- ฿6.03 Billion ▼ -100 days
2024 220 days ฿40.71 Billion ฿185.38 Million/day ฿- ฿10.70 Billion ▲ +14 days
2023 205 days ฿41.37 Billion ฿201.37 Million/day ฿- ฿5.95 Billion ▲ +28 days
2022 178 days ฿50.54 Billion ฿284.04 Million/day ฿- ฿51.71K ▼ -106 days
2021 284 days ฿29.89 Billion ฿105.41 Million/day ฿- ฿51.56K ▼ -157 days
2020 441 days ฿34.56 Billion ฿78.41 Million/day ฿- ฿18.11 Billion ▲ +183 days
2019 258 days ฿27.29 Billion ฿105.94 Million/day ฿- ฿1.76 Billion ▼ -707 days
2018 964 days ฿100.42 Billion ฿104.16 Million/day ฿- ฿73.22 Billion ▲ +120 days
2017 844 days ฿77.12 Billion ฿91.36 Million/day ฿- ฿52.32 Billion ▲ +318 days
2016 526 days ฿49.19 Billion ฿93.55 Million/day ฿- ฿29.65 Billion ▼ -166 days
2015 692 days ฿34.48 Billion ฿49.84 Million/day ฿- ฿17.36 Billion ▲ +185 days
2014 507 days ฿49.46 Billion ฿97.63 Million/day ฿- ฿30.25 Billion ▲ +44 days
2013 462 days ฿62.81 Billion ฿135.82 Million/day ฿- ฿28.51 Billion ▼ -50 days
2012 512 days ฿49.35 Billion ฿96.36 Million/day ฿- ฿17.86 Billion ▲ +82 days
2011 430 days ฿31.71 Billion ฿73.70 Million/day ฿- ฿1.25 Billion ▲ +89 days
2010 341 days ฿25.56 Billion ฿75.00 Million/day ฿- ฿817.66 Million ▼ -42 days
2009 383 days ฿25.48 Billion ฿66.57 Million/day ฿- ฿619.98 Million ▲ +146 days
2008 237 days ฿19.62 Billion ฿82.94 Million/day ฿- ฿539.10 Million ▼ -38 days
2007 275 days ฿24.50 Billion ฿89.17 Million/day ฿- ฿547.13 Million ▼ -119 days
2006 394 days ฿20.37 Billion ฿51.77 Million/day ฿- ฿456.91 Million ▲ +40 days
2005 354 days ฿19.47 Billion ฿54.99 Million/day ฿- ฿421.49 Million ▲ +97 days
2004 257 days ฿14.42 Billion ฿55.99 Million/day ฿- ฿468.48 Million ▼ -42 days
2003 300 days ฿11.01 Billion ฿36.72 Million/day ฿- ฿979.01 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)