Formetal Co. Ltd (119500) — Defensive Interval Ratio

Latest as of June 2026: 463 days

Formetal Co. Ltd (119500) has a Defensive Interval Ratio of 463 days as of June 2026. Defensive assets of ₩13.09 Billion (cash ₩-, short-term investments ₩1.12 Billion, receivables ₩11.97 Billion) cover 463 days of daily cash needs of ₩28.27 Million/day.

Defensive Interval Ratio

463 days
Days of operational coverage

Defensive Assets

₩13.09 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩28.27 Million
Current Liabilities ÷ 365

Current Liabilities

₩10.32 Billion
KRW

Formetal Co. Ltd Defensive Interval Ratio (2014–2025)

This chart shows how Formetal Co. Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of June 2026, the ratio stands at 463 days, meaning defensive assets of ₩13.09 Billion can fund 463 days of operations without new revenue. For the complete balance sheet picture, see Formetal Co. Ltd total assets.

Annual Defensive Interval Ratio for Formetal Co. Ltd (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Formetal 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. See how liquid is Formetal Co. Ltd's working capital 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)
2025 424 days ₩10.53 Billion ₩24.85 Million/day ₩- ₩420.00 Million ▼ -53 days
2024 476 days ₩13.91 Billion ₩29.21 Million/day ₩4.32 Billion ₩440.00 Million ▲ +151 days
2023 325 days ₩13.09 Billion ₩40.27 Million/day ₩2.33 Billion ₩- ▼ -24 days
2022 349 days ₩14.64 Billion ₩41.90 Million/day ₩1.86 Billion ₩- ▼ -37 days
2021 386 days ₩13.82 Billion ₩35.81 Million/day ₩1.52 Billion ₩- ▲ +68 days
2020 317 days ₩12.90 Billion ₩40.64 Million/day ₩2.57 Billion ₩200.00 Million ▼ -39 days
2019 356 days ₩10.61 Billion ₩29.79 Million/day ₩976.22 Million ₩- ▼ -6 days
2018 362 days ₩10.43 Billion ₩28.82 Million/day ₩1.13 Billion ₩- ▼ -7 days
2017 369 days ₩12.94 Billion ₩35.10 Million/day ₩3.22 Billion ₩200.00 Million ▼ -103 days
2016 472 days ₩11.00 Billion ₩23.31 Million/day ₩2.51 Billion ₩- ▲ +204 days
2015 268 days ₩8.35 Billion ₩31.11 Million/day ₩- ₩992.22 Million ▲ +14 days
2014 255 days ₩10.05 Billion ₩39.47 Million/day ₩- ₩900.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)