COWAY Co. Ltd (021240) — Defensive Interval Ratio

Latest as of June 2026: 34 days

COWAY Co. Ltd (021240) has a Defensive Interval Ratio of 34 days as of June 2026. Defensive assets of ₩230.94 Billion (cash ₩-, short-term investments ₩7.15 Billion, receivables ₩223.79 Billion) cover 34 days of daily cash needs of ₩6.82 Billion/day.

Defensive Interval Ratio

34 days
Days of operational coverage

Defensive Assets

₩230.94 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩6.82 Billion
Current Liabilities ÷ 365

Current Liabilities

₩2.49 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 June 2026, the ratio stands at 34 days, meaning defensive assets of ₩230.94 Billion can fund 34 days of operations without new revenue. For the complete balance sheet picture, see 021240 current and non-current assets.

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. See 021240 current assets to equity ratio 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)
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)