T'way Air Co Ltd (091810) — Defensive Interval Ratio

Latest as of September 2025: 105 days

T'way Air Co Ltd (091810) has a Defensive Interval Ratio of 105 days as of September 2025. Defensive assets of ₩206.77 Billion (cash ₩-, short-term investments ₩148.10 Billion, receivables ₩58.67 Billion) cover 105 days of daily cash needs of ₩1.97 Billion/day.

Defensive Interval Ratio

105 days
Days of operational coverage

Defensive Assets

₩206.77 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩1.97 Billion
Current Liabilities ÷ 365

Current Liabilities

₩718.04 Billion
KRW

T'way Air Co Ltd Defensive Interval Ratio (2016–2024)

This chart shows how T'way Air Co Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 105 days, meaning defensive assets of ₩206.77 Billion can fund 105 days of operations without new revenue. For the complete balance sheet picture, see 091810 total asset value.

Annual Defensive Interval Ratio for T'way Air Co Ltd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for T'way Air Co Ltd from 2016 to 2024, 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. See T'way Air Co Ltd (091810) working capital 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)
2024 125 days ₩200.81 Billion ₩1.60 Billion/day ₩- ₩165.60 Billion ▼ -5 days
2023 130 days ₩165.89 Billion ₩1.27 Billion/day ₩- ₩137.09 Billion ▲ +23 days
2022 107 days ₩120.76 Billion ₩1.13 Billion/day ₩- ₩100.19 Billion ▲ +7 days
2021 100 days ₩68.24 Billion ₩679.39 Million/day ₩- ₩65.20 Billion ▼ -39 days
2020 139 days ₩69.40 Billion ₩498.50 Million/day ₩- ₩67.79 Billion ▲ +26 days
2019 113 days ₩81.03 Billion ₩715.07 Million/day ₩- ₩61.55 Billion ▼ 0 days
2018 114 days ₩53.86 Billion ₩474.10 Million/day ₩- ₩38.30 Billion ▲ +80 days
2017 34 days ₩15.40 Billion ₩454.60 Million/day ₩- ₩500.00 Million ▼ -9 days
2016 43 days ₩9.94 Billion ₩231.89 Million/day ₩- ₩1.35 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)