Tongyang Life Defensive Interval Ratio

Latest as of June 2023: 24444 days

Tongyang Life defensive interval ratio. Tongyang Life (082640) has a Defensive Interval Ratio of 24444 days as of June 2023. Defensive assets of ₩16.75 Trillion (cash ₩-, short-term investments ₩16.74 Trillion, receivables ₩11.62 Billion) cover 24444 days of daily cash needs of ₩685.23 Million/day. See 082640 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

24444 days
Days of operational coverage

Defensive Assets

₩16.75 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

₩685.23 Million
Current Liabilities ÷ 365

Current Liabilities

₩250.11 Billion
KRW

Defensive Interval Ratio of Tongyang Life (2013–2021)

Defensive interval ratio of Tongyang Life from 2013 to 2021. This chart shows how Tongyang Life's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at 24444 days, meaning defensive assets of ₩16.75 Trillion can fund 24444 days of operations without new revenue. Check Tongyang Life asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Tongyang Life Defensive Interval Ratio by Year (2013–2021)

Tongyang Life defensive interval ratio by year from 2013 to 2021. The table below presents the year-by-year Defensive Interval Ratio for Tongyang Life from 2013 to 2021, covering 9 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 the complete balance sheet picture, see 082640 total assets.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2021 1258 days ₩9.05 Trillion ₩7.19 Billion/day ₩- ₩9.02 Trillion ▼ -254 days
2020 1512 days ₩9.64 Trillion ₩6.38 Billion/day ₩- ₩9.61 Trillion ▼ -243 days
2019 1755 days ₩9.29 Trillion ₩5.30 Billion/day ₩- ₩9.26 Trillion ▼ -449 days
2018 2204 days ₩9.73 Trillion ₩4.41 Billion/day ₩- ₩9.72 Trillion ▲ +1821 days
2017 383 days ₩1.48 Trillion ₩3.86 Billion/day ₩- ₩1.43 Trillion ▼ -132 days
2016 514 days ₩1.94 Trillion ₩3.78 Billion/day ₩- ₩1.89 Trillion ▼ -76 days
2015 590 days ₩1.61 Trillion ₩2.73 Billion/day ₩- ₩1.59 Trillion ▼ -60 days
2014 650 days ₩1.29 Trillion ₩1.99 Billion/day ₩- ₩1.28 Trillion ▲ +260 days
2013 390 days ₩703.42 Billion ₩1.80 Billion/day ₩- ₩683.33 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)