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.

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. For the complete balance sheet picture, see how large is Daedong Steel Co. Ltd's balance sheet.

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. See working capital position of Daedong Steel Co. Ltd to evaluate short-term liquidity relative to the company's equity base.

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)