TQM CORPORATION (TQM-R) — Defensive Interval Ratio

Latest as of September 2024: 515 days

TQM CORPORATION (TQM-R) has a Defensive Interval Ratio of 515 days as of September 2024. Defensive assets of ฿2.93 Billion (cash ฿-, short-term investments ฿437.98 Million, receivables ฿2.49 Billion) cover 515 days of daily cash needs of ฿5.67 Million/day. See TQM-R net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

515 days
Days of operational coverage

Defensive Assets

฿2.93 Billion
Cash + ST Investments + Receivables

Daily Cash Need

฿5.67 Million
Current Liabilities ÷ 365

Current Liabilities

฿2.07 Billion
THB

TQM CORPORATION Defensive Interval Ratio (2014–2023)

This chart shows how TQM CORPORATION's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of September 2024, the ratio stands at 515 days, meaning defensive assets of ฿2.93 Billion can fund 515 days of operations without new revenue. See TQM CORPORATION net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for TQM CORPORATION (2014–2023)

The table below presents the year-by-year Defensive Interval Ratio for TQM CORPORATION from 2014 to 2023, covering 10 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 TQM-R market cap overview.

Year DIR (days) Defensive Assets (THB) Daily Cash Need Cash ST Investments Change (days)
2023 418 days ฿1.40 Billion ฿3.35 Million/day ฿- ฿450.69 Million ▼ -130 days
2022 548 days ฿1.67 Billion ฿3.04 Million/day ฿- ฿394.75 Million ▲ +10 days
2021 538 days ฿1.07 Billion ฿2.00 Million/day ฿- ฿499.46 Million ▲ +361 days
2020 177 days ฿951.16 Million ฿5.36 Million/day ฿- ฿538.55 Million ▼ -132 days
2019 309 days ฿1.54 Billion ฿4.97 Million/day ฿- ฿874.22 Million ▼ -76 days
2018 385 days ฿1.71 Billion ฿4.44 Million/day ฿- ฿1.12 Billion ▲ +260 days
2017 125 days ฿506.10 Million ฿4.05 Million/day ฿- ฿5.20 Million ▼ -110 days
2016 235 days ฿962.33 Million ฿4.09 Million/day ฿- ฿25.53 Million ▲ +24 days
2015 211 days ฿905.76 Million ฿4.29 Million/day ฿- ฿25.44 Million ▲ +205 days
2014 6 days ฿113.75 ฿17.60/day ฿- ฿- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)