Green Ocean Corporation Bhd (0074) — Defensive Interval Ratio

Latest as of June 2025: 1247 days

Green Ocean Corporation Bhd (0074) has a Defensive Interval Ratio of 1247 days as of June 2025. Defensive assets of RM50.17 Million (cash RM-, short-term investments RM44.45 Million, receivables RM5.72 Million) cover 1247 days of daily cash needs of RM40.22K/day. Check Green Ocean Corporation Bhd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1247 days
Days of operational coverage

Defensive Assets

RM50.17 Million
Cash + ST Investments + Receivables

Daily Cash Need

RM40.22K
Current Liabilities ÷ 365

Current Liabilities

RM14.68 Million
MYR

Green Ocean Corporation Bhd Defensive Interval Ratio (2016–2024)

This chart shows how Green Ocean Corporation Bhd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 1247 days, meaning defensive assets of RM50.17 Million can fund 1247 days of operations without new revenue. Also explore net asset growth rate of Green Ocean Corporation Bhd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Green Ocean Corporation Bhd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Green Ocean Corporation Bhd from 2016 to 2024, 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 0074 stock market capitalisation.

Year DIR (days) Defensive Assets (MYR) Daily Cash Need Cash ST Investments Change (days)
2024 2109 days RM78.34 Million RM37.14K/day RM- RM74.04 Million ▼ -5090 days
2023 7199 days RM112.50 Million RM15.63K/day RM16.49 Million RM57.59 Million ▼ -68055 days
2022 75254 days RM65.40 Million RM869.05/day RM- RM61.60 Million ▲ +64243 days
2021 11011 days RM62.57 Million RM5.68K/day RM- RM60.63 Million ▲ +10853 days
2020 158 days RM11.38 Million RM72.04K/day RM- RM- ▼ -36 days
2019 194 days RM18.12 Million RM93.20K/day RM- RM- ▲ +158 days
2018 37 days RM1.71 Million RM46.60K/day RM- RM- ▼ -335 days
2017 371 days RM25.48 Million RM68.63K/day RM- RM- ▲ +13 days
2016 358 days RM36.48 Million RM101.91K/day RM- RM- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)