Tongcheng Travel Holdings Ltd (TEM) — Defensive Interval Ratio
Tongcheng Travel Holdings Ltd (TEM) has a Defensive Interval Ratio of 222 days as of June 2025. Defensive assets of €8.31 Billion (cash €-, short-term investments €6.16 Billion, receivables €2.14 Billion) cover 222 days of daily cash needs of €37.45 Million/day. See Tongcheng Travel Holdings Ltd (TEM) 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
Tongcheng Travel Holdings Ltd Defensive Interval Ratio (2016–2025)
This chart shows how Tongcheng Travel Holdings Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of June 2025, the ratio stands at 222 days, meaning defensive assets of €8.31 Billion can fund 222 days of operations without new revenue. See TEM net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Tongcheng Travel Holdings Ltd (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for Tongcheng Travel Holdings Ltd from 2016 to 2025, 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 Tongcheng Travel Holdings Ltd market cap and net worth.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 189 days | €7.61 Billion | €40.37 Million/day | €- | €5.35 Billion | ▲ +35 days |
| 2024 | 154 days | €4.88 Billion | €31.77 Million/day | €- | €3.16 Billion | ▼ -13 days |
| 2023 | 167 days | €5.43 Billion | €32.57 Million/day | €- | €4.22 Billion | ▼ -75 days |
| 2022 | 242 days | €4.05 Billion | €16.76 Million/day | €- | €3.16 Billion | ▼ -69 days |
| 2021 | 311 days | €4.01 Billion | €12.91 Million/day | €- | €3.34 Billion | ▼ -223 days |
| 2020 | 534 days | €6.20 Billion | €11.60 Million/day | €- | €4.91 Billion | ▲ +127 days |
| 2019 | 408 days | €6.26 Billion | €15.36 Million/day | €- | €4.54 Billion | ▲ +104 days |
| 2018 | 303 days | €3.77 Billion | €12.42 Million/day | €- | €2.83 Billion | ▲ +122 days |
| 2017 | 181 days | €782.97 Million | €4.32 Million/day | €- | €236.11 Million | ▼ -64 days |
| 2016 | 245 days | €962.07 Million | €3.93 Million/day | €- | €71.04 Million | — |