China New Higher Education Group Limited (8CN) — Defensive Interval Ratio
China New Higher Education Group Limited (8CN) has a Defensive Interval Ratio of 4 days as of June 2025. Defensive assets of €42.29 Million (cash €-, short-term investments €40.95 Million, receivables €1.34 Million) cover 4 days of daily cash needs of €9.62 Million/day. See China New Higher Education Group Limited (8CN) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
China New Higher Education Group Limited Defensive Interval Ratio (2017–2025)
This chart shows how China New Higher Education Group Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of June 2025, the ratio stands at 4 days, meaning defensive assets of €42.29 Million can fund 4 days of operations without new revenue. See 8CN net asset quality score to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for China New Higher Education Group Limited (2017–2025)
The table below presents the year-by-year Defensive Interval Ratio for China New Higher Education Group Limited from 2017 to 2025, covering 9 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 China New Higher Education Group Limited market cap and net worth.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 4 days | €42.29 Million | €9.62 Million/day | €- | €40.95 Million | ▲ +3 days |
| 2024 | 1 days | €14.72 Million | €11.87 Million/day | €- | €10.67 Million | ▼ -5 days |
| 2023 | 6 days | €63.37 Million | €10.02 Million/day | €- | €48.79 Million | ▲ +2 days |
| 2022 | 4 days | €33.42 Million | €8.67 Million/day | €- | €22.53 Million | ▼ -21 days |
| 2021 | 24 days | €174.76 Million | €7.15 Million/day | €- | €120.09 Million | ▲ +4 days |
| 2020 | 21 days | €118.04 Million | €5.64 Million/day | €- | €118.04 Million | ▲ +2 days |
| 2019 | 18 days | €107.50 Million | €5.82 Million/day | €- | €107.50 Million | ▲ +16 days |
| 2018 | 3 days | €11.59 Million | €4.47 Million/day | €- | €- | ▲ +2 days |
| 2017 | 1 days | €1.41 Million | €1.83 Million/day | €- | €- | — |