Changhae Ethanol Co. Ltd Defensive Interval Ratio
Changhae Ethanol Co. Ltd defensive interval ratio. Changhae Ethanol Co. Ltd (004650) has a Defensive Interval Ratio of 192 days as of March 2026. Defensive assets of ₩27.44 Billion (cash ₩-, short-term investments ₩3.00 Billion, receivables ₩24.44 Billion) cover 192 days of daily cash needs of ₩142.97 Million/day. Explore 004650 long-term investment intensity to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Changhae Ethanol Co. Ltd (2014–2025)
Defensive interval ratio of Changhae Ethanol Co. Ltd from 2014 to 2025. This chart shows how Changhae Ethanol Co. Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 192 days, meaning defensive assets of ₩27.44 Billion can fund 192 days of operations without new revenue. Read 004650 current and long-term liabilities for a breakdown of total debt and financial obligations.
Changhae Ethanol Co. Ltd Defensive Interval Ratio by Year (2014–2025)
Changhae Ethanol Co. Ltd defensive interval ratio by year from 2014 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Changhae Ethanol Co. Ltd from 2014 to 2025, covering 12 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 total assets of Changhae Ethanol Co. Ltd.
| Year | DIR (days) | Defensive Assets (KRW) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 192 days | ₩25.41 Billion | ₩132.19 Million/day | ₩- | ₩- | ▼ -35 days |
| 2024 | 228 days | ₩30.67 Billion | ₩134.71 Million/day | ₩6.45 Billion | ₩-470.00 | ▲ +55 days |
| 2023 | 172 days | ₩28.80 Billion | ₩167.06 Million/day | ₩3.69 Billion | ₩640.00 Million | ▼ -4 days |
| 2022 | 176 days | ₩27.38 Billion | ₩155.47 Million/day | ₩3.75 Billion | ₩-470.00 | ▼ -30 days |
| 2021 | 206 days | ₩27.74 Billion | ₩134.78 Million/day | ₩5.00 Billion | ₩230.00 | ▲ +22 days |
| 2020 | 184 days | ₩29.01 Billion | ₩157.75 Million/day | ₩5.97 Billion | ₩130.00 | ▼ -27 days |
| 2019 | 210 days | ₩34.60 Billion | ₩164.42 Million/day | ₩6.78 Billion | ₩660.00 | ▲ +19 days |
| 2018 | 191 days | ₩76.11 Billion | ₩398.58 Million/day | ₩13.21 Billion | ₩1.60 Billion | ▲ +38 days |
| 2017 | 153 days | ₩66.89 Billion | ₩437.63 Million/day | ₩9.96 Billion | ₩537.51 Million | ▲ +7 days |
| 2016 | 146 days | ₩67.17 Billion | ₩460.93 Million/day | ₩14.42 Billion | ₩981.04 Million | ▼ -55 days |
| 2015 | 201 days | ₩67.53 Billion | ₩336.77 Million/day | ₩- | ₩20.97 Billion | ▼ -14 days |
| 2014 | 215 days | ₩66.52 Billion | ₩309.97 Million/day | ₩- | ₩11.76 Billion | — |