HK Metals Utama Tbk PT (HKMU) — Defensive Interval Ratio

Latest as of March 2023: 6 days

HK Metals Utama Tbk PT (HKMU) has a Defensive Interval Ratio of 6 days as of March 2023. Defensive assets of Rp4.59 Billion (cash Rp-, short-term investments Rp-, receivables Rp4.59 Billion) cover 6 days of daily cash needs of Rp774.05 Million/day.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

Rp4.59 Billion
Cash + ST Investments + Receivables

Daily Cash Need

Rp774.05 Million
Current Liabilities ÷ 365

Current Liabilities

Rp282.53 Billion
IDR

HK Metals Utama Tbk PT Defensive Interval Ratio (2015–2022)

This chart shows how HK Metals Utama Tbk PT's Defensive Interval Ratio has evolved across 8 annual periods from 2015 to 2022. As of March 2023, the ratio stands at 6 days, meaning defensive assets of Rp4.59 Billion can fund 6 days of operations without new revenue. For the complete balance sheet picture, see HK Metals Utama Tbk PT asset portfolio.

Annual Defensive Interval Ratio for HK Metals Utama Tbk PT (2015–2022)

The table below presents the year-by-year Defensive Interval Ratio for HK Metals Utama Tbk PT from 2015 to 2022, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See HKMU net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (IDR) Daily Cash Need Cash ST Investments Change (days)
2022 101 days Rp74.91 Billion Rp739.81 Million/day Rp- Rp- ▼ -58 days
2021 159 days Rp127.37 Billion Rp799.83 Million/day Rp- Rp- ▼ -47 days
2020 207 days Rp239.01 Billion Rp1.16 Billion/day Rp- Rp- ▼ -33 days
2019 240 days Rp505.23 Billion Rp2.11 Billion/day Rp- Rp- ▼ -46 days
2018 286 days Rp418.15 Billion Rp1.46 Billion/day Rp- Rp45.00 Billion ▲ +108 days
2017 178 days Rp196.54 Billion Rp1.11 Billion/day Rp- Rp0.00 ▲ +3 days
2016 175 days Rp148.45 Billion Rp847.71 Million/day Rp- Rp345.45 Million ▲ +59 days
2015 116 days Rp89.04 Billion Rp768.33 Million/day Rp- Rp- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)