Meritz Financi (138040) — Defensive Interval Ratio

Latest as of June 2023: 12 days

Meritz Financi (138040) has a Defensive Interval Ratio of 12 days as of June 2023. Defensive assets of ₩1.51 Trillion (cash ₩-, short-term investments ₩-, receivables ₩1.51 Trillion) cover 12 days of daily cash needs of ₩121.04 Billion/day. See how liquid is Meritz Financi's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

12 days
Days of operational coverage

Defensive Assets

₩1.51 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

₩121.04 Billion
Current Liabilities ÷ 365

Current Liabilities

₩44.18 Trillion
KRW

Meritz Financi Defensive Interval Ratio (2013–2022)

This chart shows how Meritz Financi's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 12 days, meaning defensive assets of ₩1.51 Trillion can fund 12 days of operations without new revenue. See Meritz Financi (138040) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Meritz Financi (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Meritz Financi from 2013 to 2022, covering 10 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 138040 market cap.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2022 9 days ₩821.20 Billion ₩94.11 Billion/day ₩- ₩- ▼ -3 days
2021 12 days ₩1.01 Trillion ₩83.83 Billion/day ₩- ₩- ▲ +1 days
2020 11 days ₩772.81 Billion ₩68.08 Billion/day ₩- ₩- ▲ +2 days
2019 9 days ₩501.57 Billion ₩56.31 Billion/day ₩- ₩1.51 Billion ▼ -32 days
2018 41 days ₩1.79 Trillion ₩43.69 Billion/day ₩- ₩1.19 Trillion ▼ -1 days
2017 42 days ₩1.46 Trillion ₩34.55 Billion/day ₩- ₩901.50 Billion ▲ +3 days
2016 39 days ₩1.26 Trillion ₩32.28 Billion/day ₩- ₩745.00 Billion ▲ +10 days
2015 29 days ₩843.60 Billion ₩29.18 Billion/day ₩- ₩432.20 Billion ▼ 0 days
2014 29 days ₩673.37 Billion ₩23.12 Billion/day ₩- ₩413.90 Billion ▼ -7 days
2013 36 days ₩608.67 Billion ₩16.95 Billion/day ₩- ₩218.70 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)