Sangsangin Investment & Securities Co Ltd (001290) — Defensive Interval Ratio

Latest as of June 2023: 273 days

Sangsangin Investment & Securities Co Ltd (001290) has a Defensive Interval Ratio of 273 days as of June 2023. Defensive assets of ₩348.25 Billion (cash ₩-, short-term investments ₩-, receivables ₩348.25 Billion) cover 273 days of daily cash needs of ₩1.28 Billion/day.

Defensive Interval Ratio

273 days
Days of operational coverage

Defensive Assets

₩348.25 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩1.28 Billion
Current Liabilities ÷ 365

Current Liabilities

₩465.88 Billion
KRW

Sangsangin Investment & Securities Co Ltd Defensive Interval Ratio (2016–2021)

This chart shows how Sangsangin Investment & Securities Co Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of June 2023, the ratio stands at 273 days, meaning defensive assets of ₩348.25 Billion can fund 273 days of operations without new revenue. For the complete balance sheet picture, see how large is Sangsangin Investment & Securities Co Lt's balance sheet.

Annual Defensive Interval Ratio for Sangsangin Investment & Securities Co Ltd (2016–2021)

The table below presents the year-by-year Defensive Interval Ratio for Sangsangin Investment & Securities Co Ltd from 2016 to 2021, covering 6 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Sangsangin Investment & Securities Co Lt working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2021 833 days ₩219.27 Billion ₩263.10 Million/day ₩- ₩- ▲ +181 days
2020 652 days ₩137.38 Billion ₩210.69 Million/day ₩- ₩- ▲ +288 days
2019 364 days ₩98.80 Billion ₩271.29 Million/day ₩- ₩- ▲ +218 days
2018 146 days ₩73.71 Billion ₩503.69 Million/day ₩- ₩- ▲ +15 days
2017 131 days ₩120.76 Billion ₩918.37 Million/day ₩- ₩- ▼ -55 days
2016 186 days ₩114.69 Billion ₩616.00 Million/day ₩- ₩800.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)