Vessel Co. Ltd (177350) — Defensive Interval Ratio

Latest as of March 2024: 29 days

Vessel Co. Ltd (177350) has a Defensive Interval Ratio of 29 days as of March 2024. Defensive assets of ₩2.84 Billion (cash ₩-, short-term investments ₩1.17 Billion, receivables ₩1.67 Billion) cover 29 days of daily cash needs of ₩96.97 Million/day. See Vessel Co. Ltd current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

29 days
Days of operational coverage

Defensive Assets

₩2.84 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩96.97 Million
Current Liabilities ÷ 365

Current Liabilities

₩35.39 Billion
KRW

Vessel Co. Ltd Defensive Interval Ratio (2014–2023)

This chart shows how Vessel Co. Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of March 2024, the ratio stands at 29 days, meaning defensive assets of ₩2.84 Billion can fund 29 days of operations without new revenue. See 177350 net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Vessel Co. Ltd (2014–2023)

The table below presents the year-by-year Defensive Interval Ratio for Vessel Co. Ltd from 2014 to 2023, covering 10 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 177350 stock market capitalisation.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2023 27 days ₩3.15 Billion ₩116.95 Million/day ₩- ₩972.98 Million ▼ -56 days
2022 83 days ₩9.61 Billion ₩116.40 Million/day ₩3.13 Billion ₩3.37 Billion ▼ -41 days
2021 124 days ₩15.72 Billion ₩126.88 Million/day ₩7.41 Billion ₩3.37 Billion ▼ -5 days
2020 128 days ₩11.33 Billion ₩88.24 Million/day ₩5.89 Billion ₩767.66 Million ▲ +72 days
2019 56 days ₩9.59 Billion ₩170.04 Million/day ₩5.69 Billion ₩0.00 ▼ -34 days
2018 91 days ₩10.26 Billion ₩113.01 Million/day ₩2.03 Billion ₩684.81 Million ▼ -447 days
2017 538 days ₩64.08 Billion ₩119.09 Million/day ₩8.84 Billion ₩9.82 Billion ▼ -224 days
2016 762 days ₩47.49 Billion ₩62.36 Million/day ₩743.94 Million ₩799.42 Million ▲ +155 days
2015 607 days ₩35.74 Billion ₩58.92 Million/day ₩- ₩83.80 Million ▲ +112 days
2014 495 days ₩29.92 Billion ₩60.47 Million/day ₩- ₩1.22 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)