Wellspire Holdings Berhad (0271) — Defensive Interval Ratio

Latest as of September 2024: 2260 days

Wellspire Holdings Berhad (0271) has a Defensive Interval Ratio of 2260 days as of September 2024. Defensive assets of RM23.98 Million (cash RM-, short-term investments RM-, receivables RM23.98 Million) cover 2260 days of daily cash needs of RM10.61K/day. See how liquid is Wellspire Holdings Berhad's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

2260 days
Days of operational coverage

Defensive Assets

RM23.98 Million
Cash + ST Investments + Receivables

Daily Cash Need

RM10.61K
Current Liabilities ÷ 365

Current Liabilities

RM3.87 Million
MYR

Wellspire Holdings Berhad Defensive Interval Ratio (2020–2023)

This chart shows how Wellspire Holdings Berhad's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of September 2024, the ratio stands at 2260 days, meaning defensive assets of RM23.98 Million can fund 2260 days of operations without new revenue. See Wellspire Holdings Berhad (0271) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Wellspire Holdings Berhad (2020–2023)

The table below presents the year-by-year Defensive Interval Ratio for Wellspire Holdings Berhad from 2020 to 2023, covering 4 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 market cap of Wellspire Holdings Berhad.

Year DIR (days) Defensive Assets (MYR) Daily Cash Need Cash ST Investments Change (days)
2023 1044 days RM19.10 Million RM18.29K/day RM- RM- ▲ +365 days
2022 679 days RM18.65 Million RM27.45K/day RM- RM- ▲ +280 days
2021 399 days RM17.94 Million RM44.96K/day RM- RM- ▼ -377 days
2020 776 days RM22.82 Million RM29.39K/day RM- RM-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)