Daedong Steel Co. Ltd Defensive Interval Ratio
Daedong Steel Co. Ltd defensive interval ratio. Daedong Steel Co. Ltd (048470) has a Defensive Interval Ratio of 704 days as of September 2025. Defensive assets of ₩40.71 Billion (cash ₩-, short-term investments ₩16.49 Billion, receivables ₩24.23 Billion) cover 704 days of daily cash needs of ₩57.81 Million/day. See 048470 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Daedong Steel Co. Ltd (2014–2024)
Defensive interval ratio of Daedong Steel Co. Ltd from 2014 to 2024. This chart shows how Daedong Steel Co. Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 704 days, meaning defensive assets of ₩40.71 Billion can fund 704 days of operations without new revenue. Check 048470 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Daedong Steel Co. Ltd Defensive Interval Ratio by Year (2014–2024)
Daedong Steel Co. Ltd defensive interval ratio by year from 2014 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Daedong Steel Co. Ltd from 2014 to 2024, covering 11 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 Daedong Steel Co. Ltd balance sheet assets.
| Year | DIR (days) | Defensive Assets (KRW) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 1320 days | ₩66.92 Billion | ₩50.68 Million/day | ₩34.62 Billion | ₩6.24 Billion | ▲ +86 days |
| 2023 | 1234 days | ₩65.07 Billion | ₩52.73 Million/day | ₩30.01 Billion | ₩8.11 Billion | ▲ +108 days |
| 2022 | 1126 days | ₩61.92 Billion | ₩55.00 Million/day | ₩29.04 Billion | ₩2.45 Billion | ▲ +485 days |
| 2021 | 641 days | ₩52.04 Billion | ₩81.20 Million/day | ₩10.19 Billion | ₩4.88 Billion | ▼ -239 days |
| 2020 | 880 days | ₩40.43 Billion | ₩45.96 Million/day | ₩10.52 Billion | ₩9.81 Billion | ▼ -287 days |
| 2019 | 1167 days | ₩38.59 Billion | ₩33.07 Million/day | ₩9.79 Billion | ₩7.02 Billion | ▲ +66 days |
| 2018 | 1101 days | ₩34.38 Billion | ₩31.24 Million/day | ₩7.30 Billion | ₩5.01 Billion | ▲ +124 days |
| 2017 | 977 days | ₩36.18 Billion | ₩37.04 Million/day | ₩7.52 Billion | ₩3.58 Billion | ▼ -1261 days |
| 2016 | 2238 days | ₩24.44 Billion | ₩10.92 Million/day | ₩5.48 Billion | ₩1.53 Billion | ▲ +928 days |
| 2015 | 1310 days | ₩20.21 Billion | ₩15.42 Million/day | ₩- | ₩2.29 Billion | ▲ +921 days |
| 2014 | 389 days | ₩33.70 Billion | ₩86.60 Million/day | ₩- | ₩2.95 Billion | — |