Hengyuan Refining Company Bhd (4324) — Defensive Interval Ratio

Latest as of September 2025: 82 days

Hengyuan Refining Company Bhd (4324) has a Defensive Interval Ratio of 82 days as of September 2025. Defensive assets of RM722.50 Million (cash RM-, short-term investments RM-, receivables RM722.50 Million) cover 82 days of daily cash needs of RM8.83 Million/day. See Hengyuan Refining Company Bhd (4324) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

82 days
Days of operational coverage

Defensive Assets

RM722.50 Million
Cash + ST Investments + Receivables

Daily Cash Need

RM8.83 Million
Current Liabilities ÷ 365

Current Liabilities

RM3.22 Billion
MYR

Hengyuan Refining Company Bhd Defensive Interval Ratio (2012–2024)

This chart shows how Hengyuan Refining Company Bhd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 82 days, meaning defensive assets of RM722.50 Million can fund 82 days of operations without new revenue. See Hengyuan Refining Company Bhd balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Hengyuan Refining Company Bhd (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hengyuan Refining Company Bhd from 2012 to 2024, covering 13 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 Hengyuan Refining Company Bhd market capitalisation.

Year DIR (days) Defensive Assets (MYR) Daily Cash Need Cash ST Investments Change (days)
2024 74 days RM459.49 Million RM6.17 Million/day RM- RM- ▲ +0 days
2023 74 days RM760.88 Million RM10.22 Million/day RM- RM21.02 Million ▼ -38 days
2022 113 days RM1.40 Billion RM12.41 Million/day RM- RM114.56 Million ▼ -34 days
2021 147 days RM1.17 Billion RM7.96 Million/day RM- RM14.07 Million ▲ +15 days
2020 132 days RM592.72 Million RM4.48 Million/day RM- RM59.68 Million ▲ +27 days
2019 106 days RM832.18 Million RM7.88 Million/day RM- RM109.71 Million ▼ -116 days
2018 222 days RM915.84 Million RM4.13 Million/day RM- RM0.00 ▼ -509 days
2017 730 days RM1.39 Billion RM1.91 Million/day RM- RM310.00 Million ▲ +98 days
2016 632 days RM1.28 Billion RM2.03 Million/day RM- RM328.90 Million ▲ +592 days
2015 39 days RM196.51 Million RM4.99 Million/day RM- RM172.00 Million ▼ -132 days
2014 172 days RM775.00 Million RM4.51 Million/day RM- RM- ▼ -109 days
2013 281 days RM1.31 Billion RM4.64 Million/day RM- RM- ▼ -106 days
2012 387 days RM1.25 Billion RM3.23 Million/day RM- RM- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)