Mi Chang Oil (003650) — Defensive Interval Ratio

Latest as of December 2025: 2590 days

Mi Chang Oil (003650) has a Defensive Interval Ratio of 2590 days as of December 2025. Defensive assets of ₩276.65 Billion (cash ₩-, short-term investments ₩211.25 Billion, receivables ₩65.40 Billion) cover 2590 days of daily cash needs of ₩106.80 Million/day. Check how tangible is Mi Chang Oil's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2590 days
Days of operational coverage

Defensive Assets

₩276.65 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩106.80 Million
Current Liabilities ÷ 365

Current Liabilities

₩38.98 Billion
KRW

Mi Chang Oil Defensive Interval Ratio (2009–2025)

This chart shows how Mi Chang Oil's Defensive Interval Ratio has evolved across 17 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 2590 days, meaning defensive assets of ₩276.65 Billion can fund 2590 days of operations without new revenue. Also explore 003650 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mi Chang Oil (2009–2025)

The table below presents the year-by-year Defensive Interval Ratio for Mi Chang Oil from 2009 to 2025, covering 17 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 003650 market cap overview.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2025 2590 days ₩276.65 Billion ₩106.80 Million/day ₩- ₩211.25 Billion ▲ +1307 days
2024 1284 days ₩240.96 Billion ₩187.72 Million/day ₩- ₩172.66 Billion ▼ -113 days
2023 1397 days ₩178.35 Billion ₩127.67 Million/day ₩- ₩110.74 Billion ▼ -225 days
2022 1622 days ₩146.44 Billion ₩90.27 Million/day ₩- ₩84.04 Billion ▲ +291 days
2021 1331 days ₩142.80 Billion ₩107.29 Million/day ₩- ₩79.72 Billion ▲ +66 days
2020 1265 days ₩95.25 Billion ₩75.32 Million/day ₩- ₩49.99 Billion ▼ -127 days
2019 1391 days ₩121.08 Billion ₩87.03 Million/day ₩- ₩49.87 Billion ▼ -279 days
2018 1670 days ₩145.16 Billion ₩86.91 Million/day ₩- ₩69.01 Billion ▲ +40 days
2017 1630 days ₩144.34 Billion ₩88.56 Million/day ₩- ₩91.87 Billion ▼ -44 days
2016 1674 days ₩160.32 Billion ₩95.76 Million/day ₩- ₩110.24 Billion ▲ +610 days
2015 1065 days ₩100.53 Billion ₩94.42 Million/day ₩- ₩50.05 Billion ▲ +39 days
2014 1025 days ₩57.24 Billion ₩55.82 Million/day ₩- ₩- ▲ +24 days
2013 1001 days ₩65.89 Billion ₩65.80 Million/day ₩- ₩2.00 Billion ▲ +87 days
2012 914 days ₩81.35 Billion ₩88.96 Million/day ₩- ₩11.32 Billion ▲ +302 days
2011 612 days ₩74.09 Billion ₩121.02 Million/day ₩- ₩3.00 Billion ▲ +21 days
2010 591 days ₩79.09 Billion ₩133.86 Million/day ₩- ₩22.04 Billion ▼ -32 days
2009 623 days ₩88.46 Billion ₩142.04 Million/day ₩- ₩32.90 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)