Able Global Bhd (7167) — Defensive Interval Ratio

Latest as of September 2025: 628 days

Able Global Bhd (7167) has a Defensive Interval Ratio of 628 days as of September 2025. Defensive assets of RM250.17 Million (cash RM143.50 Million, short-term investments RM-, receivables RM106.67 Million) cover 628 days of daily cash needs of RM398.48K/day. Check how tangible is Able Global Bhd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

628 days
Days of operational coverage

Defensive Assets

RM250.17 Million
Cash + ST Investments + Receivables

Daily Cash Need

RM398.48K
Current Liabilities ÷ 365

Current Liabilities

RM145.45 Million
MYR

Able Global Bhd Defensive Interval Ratio (2012–2024)

This chart shows how Able Global Bhd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 628 days, meaning defensive assets of RM250.17 Million can fund 628 days of operations without new revenue. Also explore 7167 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Able Global Bhd (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Able Global 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 7167 company net worth.

Year DIR (days) Defensive Assets (MYR) Daily Cash Need Cash ST Investments Change (days)
2024 257 days RM148.54 Million RM579.04K/day RM- RM35.44 Million ▼ -13 days
2023 270 days RM142.38 Million RM527.56K/day RM22.96 Million RM23.36 Million ▲ +60 days
2022 209 days RM85.14 Million RM406.62K/day RM1.77 Million RM1.77 Million ▼ -52 days
2021 261 days RM102.39 Million RM391.93K/day RM5.70 Million RM5.70 Million ▼ -109 days
2020 370 days RM106.13 Million RM286.54K/day RM7.10 Million RM7.10 Million ▼ -21 days
2019 391 days RM109.72 Million RM280.59K/day RM7.33 Million RM23.47K ▲ +33 days
2018 358 days RM116.78 Million RM326.39K/day RM14.09 Million RM22.82K ▲ +46 days
2017 312 days RM79.59 Million RM255.07K/day RM- RM22.26K ▲ +33 days
2016 279 days RM83.52 Million RM299.13K/day RM- RM21.70K ▲ +81 days
2015 198 days RM88.00 Million RM443.84K/day RM- RM- ▼ -35 days
2014 233 days RM85.00 Million RM364.38K/day RM- RM9.00 Million ▼ -278 days
2013 511 days RM56.00 Million RM109.59K/day RM- RM12.00 Million ▼ -105 days
2012 616 days RM76.00 Million RM123.29K/day RM- RM29.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)