Topmix Berhad (0302) — Defensive Interval Ratio

Latest as of September 2024: 938 days

Topmix Berhad (0302) has a Defensive Interval Ratio of 938 days as of September 2024. Defensive assets of RM35.17 Million (cash RM-, short-term investments RM18.65 Million, receivables RM16.53 Million) cover 938 days of daily cash needs of RM37.50K/day. Check Topmix Berhad (0302) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

938 days
Days of operational coverage

Defensive Assets

RM35.17 Million
Cash + ST Investments + Receivables

Daily Cash Need

RM37.50K
Current Liabilities ÷ 365

Current Liabilities

RM13.69 Million
MYR

Topmix Berhad Defensive Interval Ratio (2020–2022)

This chart shows how Topmix Berhad's Defensive Interval Ratio has evolved across 3 annual periods from 2020 to 2022. As of September 2024, the ratio stands at 938 days, meaning defensive assets of RM35.17 Million can fund 938 days of operations without new revenue. Also explore net asset growth rate of Topmix Berhad to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Topmix Berhad (2020–2022)

The table below presents the year-by-year Defensive Interval Ratio for Topmix Berhad from 2020 to 2022, covering 3 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 Topmix Berhad.

Year DIR (days) Defensive Assets (MYR) Daily Cash Need Cash ST Investments Change (days)
2022 481 days RM12.53 Million RM26.06K/day RM- RM- ▲ +25 days
2021 456 days RM11.58 Million RM25.39K/day RM- RM- ▼ -46 days
2020 502 days RM7.91 Million RM15.76K/day RM- RM-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)