Shin Yang Shipping Corporation Bhd (5173) — Defensive Interval Ratio

Latest as of March 2026: 261 days

Shin Yang Shipping Corporation Bhd (5173) has a Defensive Interval Ratio of 261 days as of March 2026. Defensive assets of RM249.36 Million (cash RM-, short-term investments RM-, receivables RM249.36 Million) cover 261 days of daily cash needs of RM956.15K/day. See working capital to net assets of Shin Yang Shipping Corporation Bhd to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

261 days
Days of operational coverage

Defensive Assets

RM249.36 Million
Cash + ST Investments + Receivables

Daily Cash Need

RM956.15K
Current Liabilities ÷ 365

Current Liabilities

RM349.00 Million
MYR

Shin Yang Shipping Corporation Bhd Defensive Interval Ratio (2012–2025)

This chart shows how Shin Yang Shipping Corporation Bhd's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 261 days, meaning defensive assets of RM249.36 Million can fund 261 days of operations without new revenue. See debt-free asset ratio of Shin Yang Shipping Corporation Bhd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Shin Yang Shipping Corporation Bhd (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shin Yang Shipping Corporation Bhd from 2012 to 2025, covering 14 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 Shin Yang Shipping Corporation Bhd market cap and net worth.

Year DIR (days) Defensive Assets (MYR) Daily Cash Need Cash ST Investments Change (days)
2025 251 days RM264.95 Million RM1.06 Million/day RM- RM- ▼ -61 days
2024 312 days RM199.25 Million RM639.51K/day RM- RM- ▲ +94 days
2023 217 days RM157.35 Million RM723.65K/day RM- RM- ▼ -300 days
2022 517 days RM464.74 Million RM898.23K/day RM283.17 Million RM- ▲ +199 days
2021 318 days RM306.73 Million RM963.95K/day RM46.94 Million RM108.50 Million ▲ +110 days
2020 208 days RM215.76 Million RM1.04 Million/day RM- RM80.40 Million ▼ -7 days
2019 215 days RM256.07 Million RM1.19 Million/day RM- RM43.20 Million ▼ -32 days
2018 247 days RM278.52 Million RM1.13 Million/day RM- RM46.10 Million ▲ +28 days
2017 219 days RM271.90 Million RM1.24 Million/day RM- RM64.30 Million ▲ +24 days
2016 195 days RM310.92 Million RM1.60 Million/day RM- RM18.49 Million ▼ -71 days
2015 266 days RM499.00 Million RM1.88 Million/day RM- RM- ▲ +31 days
2014 234 days RM524.00 Million RM2.24 Million/day RM- RM- ▲ +2 days
2013 232 days RM578.00 Million RM2.49 Million/day RM- RM- ▲ +19 days
2012 213 days RM361.00 Million RM1.69 Million/day RM- RM- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)