MI Technovation Bhd (5286) — Defensive Interval Ratio
MI Technovation Bhd (5286) has a Defensive Interval Ratio of 820 days as of September 2025. Defensive assets of RM318.43 Million (cash RM-, short-term investments RM91.84 Million, receivables RM226.59 Million) cover 820 days of daily cash needs of RM388.11K/day. Check how tangible is MI Technovation Bhd's equity to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
MI Technovation Bhd Defensive Interval Ratio (2015–2024)
This chart shows how MI Technovation Bhd's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 820 days, meaning defensive assets of RM318.43 Million can fund 820 days of operations without new revenue. Also explore MI Technovation Bhd (5286) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for MI Technovation Bhd (2015–2024)
The table below presents the year-by-year Defensive Interval Ratio for MI Technovation Bhd from 2015 to 2024, covering 10 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 MI Technovation Bhd stock valuation.
| Year | DIR (days) | Defensive Assets (MYR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 805 days | RM234.76 Million | RM291.76K/day | RM- | RM68.46 Million | ▼ -163 days |
| 2023 | 968 days | RM239.30 Million | RM247.26K/day | RM- | RM98.17 Million | ▼ -174 days |
| 2022 | 1141 days | RM389.36 Million | RM341.09K/day | RM- | RM241.96 Million | ▼ -301 days |
| 2021 | 1443 days | RM442.26 Million | RM306.49K/day | RM- | RM289.48 Million | ▲ +194 days |
| 2020 | 1249 days | RM155.38 Million | RM124.40K/day | RM- | RM52.87 Million | ▼ -209 days |
| 2019 | 1458 days | RM191.38 Million | RM131.22K/day | RM- | RM92.98 Million | ▼ -773 days |
| 2018 | 2231 days | RM251.49 Million | RM112.72K/day | RM- | RM183.61 Million | ▲ +1681 days |
| 2017 | 550 days | RM42.23 Million | RM76.83K/day | RM- | RM2.93 Million | ▼ -200 days |
| 2016 | 749 days | RM34.02 Million | RM45.41K/day | RM- | RM20.75 Million | ▲ +749 days |
| 2015 | 0 days | RM0.00 | RM88.25K/day | RM- | RM17.17 Million | — |