NOVAREX Co.Ltd (194700) — Defensive Interval Ratio

Latest as of March 2026: 413 days

NOVAREX Co.Ltd (194700) has a Defensive Interval Ratio of 413 days as of March 2026. Defensive assets of ₩114.38 Billion (cash ₩-, short-term investments ₩1.79 Billion, receivables ₩112.59 Billion) cover 413 days of daily cash needs of ₩277.06 Million/day. See 194700 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

413 days
Days of operational coverage

Defensive Assets

₩114.38 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩277.06 Million
Current Liabilities ÷ 365

Current Liabilities

₩101.13 Billion
KRW

NOVAREX Co.Ltd Defensive Interval Ratio (2015–2025)

This chart shows how NOVAREX Co.Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of March 2026, the ratio stands at 413 days, meaning defensive assets of ₩114.38 Billion can fund 413 days of operations without new revenue. See debt-free asset ratio of NOVAREX Co.Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for NOVAREX Co.Ltd (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for NOVAREX Co.Ltd from 2015 to 2025, 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 NOVAREX Co.Ltd market cap and net worth.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2025 327 days ₩84.40 Billion ₩258.06 Million/day ₩- ₩73.18 Million ▲ +43 days
2024 285 days ₩51.50 Billion ₩180.99 Million/day ₩- ₩139.08 Million ▼ -49 days
2023 334 days ₩54.90 Billion ₩164.55 Million/day ₩- ₩463.76 Million ▲ +82 days
2022 252 days ₩49.98 Billion ₩198.70 Million/day ₩- ₩12.62 Billion ▼ -3 days
2021 255 days ₩62.43 Billion ₩245.05 Million/day ₩19.17 Billion ₩31.88 Million ▼ -172 days
2020 427 days ₩67.56 Billion ₩158.25 Million/day ₩31.86 Billion ₩4.38 Billion ▼ -78 days
2019 505 days ₩53.74 Billion ₩106.47 Million/day ₩29.52 Billion ₩51.34 Million ▼ -199 days
2018 704 days ₩50.21 Billion ₩71.33 Million/day ₩35.59 Billion ₩130.03 Million ▼ -3 days
2017 707 days ₩36.14 Billion ₩51.12 Million/day ₩21.72 Billion ₩560.33 Million ▲ +34 days
2016 673 days ₩26.94 Billion ₩40.02 Million/day ₩16.02 Billion ₩449.27 Million ▲ +453 days
2015 220 days ₩11.42 Billion ₩51.90 Million/day ₩- ₩286.62 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)