Korea Environment Technology Co. LTD (029960) — Defensive Interval Ratio

Latest as of December 2024: 1742 days

Korea Environment Technology Co. LTD (029960) has a Defensive Interval Ratio of 1742 days as of December 2024. Defensive assets of ₩63.44 Billion (cash ₩-, short-term investments ₩55.05 Billion, receivables ₩8.40 Billion) cover 1742 days of daily cash needs of ₩36.42 Million/day. Check 029960 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1742 days
Days of operational coverage

Defensive Assets

₩63.44 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩36.42 Million
Current Liabilities ÷ 365

Current Liabilities

₩13.29 Billion
KRW

Korea Environment Technology Co. LTD Defensive Interval Ratio (2011–2024)

This chart shows how Korea Environment Technology Co. LTD's Defensive Interval Ratio has evolved across 14 annual periods from 2011 to 2024. As of December 2024, the ratio stands at 1742 days, meaning defensive assets of ₩63.44 Billion can fund 1742 days of operations without new revenue. Also explore 029960 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Korea Environment Technology Co. LTD (2011–2024)

The table below presents the year-by-year Defensive Interval Ratio for Korea Environment Technology Co. LTD from 2011 to 2024, covering 14 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 Korea Environment Technology Co. LTD market cap and net worth.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2024 1742 days ₩63.44 Billion ₩36.42 Million/day ₩- ₩55.05 Billion ▲ +214 days
2023 1528 days ₩49.43 Billion ₩32.36 Million/day ₩- ₩40.02 Billion ▼ -400 days
2022 1928 days ₩97.02 Billion ₩50.33 Million/day ₩62.32 Billion ₩24.02 Billion ▼ -10 days
2021 1937 days ₩89.67 Billion ₩46.28 Million/day ₩73.17 Billion ₩6.01 Billion ▼ -351 days
2020 2288 days ₩98.74 Billion ₩43.16 Million/day ₩4.96 Billion ₩85.00 Billion ▼ -232 days
2019 2520 days ₩117.51 Billion ₩46.64 Million/day ₩34.58 Billion ₩73.01 Billion ▲ +471 days
2018 2049 days ₩100.97 Billion ₩49.29 Million/day ₩92.61 Billion ₩15.88 Million ▲ +148 days
2017 1900 days ₩74.38 Billion ₩39.14 Million/day ₩46.93 Billion ₩18.06 Billion ▲ +197 days
2016 1704 days ₩49.64 Billion ₩29.14 Million/day ₩28.89 Billion ₩11.43 Billion ▲ +1078 days
2015 625 days ₩21.05 Billion ₩33.65 Million/day ₩- ₩14.38 Billion ▲ +108 days
2014 518 days ₩14.35 Billion ₩27.73 Million/day ₩- ₩8.73 Billion ▼ -100 days
2013 618 days ₩12.90 Billion ₩20.88 Million/day ₩- ₩7.27 Billion ▲ +107 days
2012 511 days ₩10.07 Billion ₩19.70 Million/day ₩- ₩5.54 Billion ▲ +219 days
2011 292 days ₩4.99 Billion ₩17.07 Million/day ₩- ₩28.68 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)