COWAY Co. Ltd (021240) — Defensive Interval Ratio

Latest as of December 2025: 39 days

COWAY Co. Ltd (021240) has a Defensive Interval Ratio of 39 days as of December 2025. Defensive assets of ₩249.72 Billion (cash ₩-, short-term investments ₩16.72 Billion, receivables ₩233.00 Billion) cover 39 days of daily cash needs of ₩6.39 Billion/day. Check how tangible is COWAY Co. Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

39 days
Days of operational coverage

Defensive Assets

₩249.72 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩6.39 Billion
Current Liabilities ÷ 365

Current Liabilities

₩2.33 Trillion
KRW

COWAY Co. Ltd Defensive Interval Ratio (2007–2025)

This chart shows how COWAY Co. Ltd's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of December 2025, the ratio stands at 39 days, meaning defensive assets of ₩249.72 Billion can fund 39 days of operations without new revenue. Also explore COWAY Co. Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for COWAY Co. Ltd (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for COWAY Co. Ltd from 2007 to 2025, covering 19 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 COWAY Co. Ltd (021240) total market value.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2025 39 days ₩249.72 Billion ₩6.39 Billion/day ₩- ₩16.72 Billion ▼ -5 days
2024 44 days ₩228.05 Billion ₩5.15 Billion/day ₩- ₩9.93 Billion ▼ -18 days
2023 62 days ₩257.26 Billion ₩4.13 Billion/day ₩- ₩3.43 Billion ▼ -28 days
2022 90 days ₩280.23 Billion ₩3.10 Billion/day ₩- ₩25.18 Billion ▲ +10 days
2021 80 days ₩284.62 Billion ₩3.54 Billion/day ₩- ₩31.80 Billion ▼ -11 days
2020 92 days ₩355.63 Billion ₩3.88 Billion/day ₩- ₩35.83 Billion ▼ -79 days
2019 170 days ₩740.01 Billion ₩4.35 Billion/day ₩- ₩214.41 Billion ▲ +11 days
2018 159 days ₩539.16 Billion ₩3.38 Billion/day ₩- ₩106.80 Billion ▲ +10 days
2017 149 days ₩460.32 Billion ₩3.08 Billion/day ₩- ₩60.09 Billion ▼ -65 days
2016 214 days ₩431.88 Billion ₩2.01 Billion/day ₩- ₩75.45 Billion ▼ -19 days
2015 233 days ₩301.84 Billion ₩1.30 Billion/day ₩- ₩9.22 Billion ▲ +70 days
2014 163 days ₩235.53 Billion ₩1.44 Billion/day ₩- ₩6.35 Billion ▲ +25 days
2013 138 days ₩255.98 Billion ₩1.85 Billion/day ₩- ₩6.45 Billion ▲ +10 days
2012 128 days ₩265.43 Billion ₩2.08 Billion/day ₩- ₩3.14 Billion ▼ -27 days
2011 155 days ₩245.49 Billion ₩1.58 Billion/day ₩- ₩2.15 Billion ▼ -6 days
2010 161 days ₩321.59 Billion ₩2.00 Billion/day ₩- ₩8.97 Billion ▲ +14 days
2009 147 days ₩308.53 Billion ₩2.11 Billion/day ₩- ₩17.03 Billion ▼ -39 days
2008 185 days ₩275.25 Billion ₩1.48 Billion/day ₩- ₩10.82 Billion ▲ +68 days
2007 118 days ₩127.97 Billion ₩1.09 Billion/day ₩- ₩486.79 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)