Mieco Chipboard Bhd (5001) — Defensive Interval Ratio

Latest as of June 2025: 75 days

Mieco Chipboard Bhd (5001) has a Defensive Interval Ratio of 75 days as of June 2025. Defensive assets of RM45.83 Million (cash RM-, short-term investments RM10.71 Million, receivables RM35.12 Million) cover 75 days of daily cash needs of RM607.77K/day. Check Mieco Chipboard Bhd (5001) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

75 days
Days of operational coverage

Defensive Assets

RM45.83 Million
Cash + ST Investments + Receivables

Daily Cash Need

RM607.77K
Current Liabilities ÷ 365

Current Liabilities

RM221.84 Million
MYR

Mieco Chipboard Bhd Defensive Interval Ratio (2012–2024)

This chart shows how Mieco Chipboard Bhd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at 75 days, meaning defensive assets of RM45.83 Million can fund 75 days of operations without new revenue. Also explore Mieco Chipboard Bhd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mieco Chipboard Bhd (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Mieco Chipboard 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 how much is Mieco Chipboard Bhd worth.

Year DIR (days) Defensive Assets (MYR) Daily Cash Need Cash ST Investments Change (days)
2024 65 days RM40.27 Million RM622.74K/day RM- RM171.00K ▼ -30 days
2023 95 days RM51.05 Million RM537.84K/day RM- RM170.00K ▲ +1 days
2022 94 days RM38.60 Million RM410.52K/day RM- RM9.76 Million ▼ -48 days
2021 142 days RM77.58 Million RM544.70K/day RM- RM9.59 Million ▲ +17 days
2020 126 days RM67.85 Million RM538.87K/day RM- RM12.19 Million ▲ +11 days
2019 115 days RM79.75 Million RM691.90K/day RM- RM11.78 Million ▼ -4 days
2018 119 days RM77.98 Million RM655.75K/day RM- RM11.46 Million ▼ -5 days
2017 124 days RM46.45 Million RM375.68K/day RM- RM272.00K ▼ -47 days
2016 170 days RM58.92 Million RM345.78K/day RM- RM- ▲ +32 days
2015 138 days RM70.00 Million RM506.85K/day RM- RM- ▲ +24 days
2014 114 days RM57.00 Million RM501.37K/day RM- RM- ▲ +18 days
2013 96 days RM56.00 Million RM586.30K/day RM- RM1.00 Million ▲ +14 days
2012 81 days RM49.00 Million RM602.74K/day RM- RM-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)