Daedong Steel Co. Ltd (048470) — Defensive Interval Ratio

Latest as of September 2025: 704 days

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. Check Daedong Steel Co. Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

704 days
Days of operational coverage

Defensive Assets

₩40.71 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩57.81 Million
Current Liabilities ÷ 365

Current Liabilities

₩21.10 Billion
KRW

Daedong Steel Co. Ltd Defensive Interval Ratio (2014–2024)

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. Also explore Daedong Steel Co. Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Daedong Steel Co. Ltd (2014–2024)

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 live market cap and the full company financial profile, see 048470 market cap.

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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)