WAPS Co. Ltd (196700) — Defensive Interval Ratio

Latest as of September 2025: 139 days

WAPS Co. Ltd (196700) has a Defensive Interval Ratio of 139 days as of September 2025. Defensive assets of ₩10.82 Billion (cash ₩-, short-term investments ₩3.96 Billion, receivables ₩6.85 Billion) cover 139 days of daily cash needs of ₩78.05 Million/day. See 196700 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

139 days
Days of operational coverage

Defensive Assets

₩10.82 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩78.05 Million
Current Liabilities ÷ 365

Current Liabilities

₩28.49 Billion
KRW

WAPS Co. Ltd Defensive Interval Ratio (2014–2024)

This chart shows how WAPS Co. Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 139 days, meaning defensive assets of ₩10.82 Billion can fund 139 days of operations without new revenue. See WAPS Co. Ltd balance sheet quality to measure how much of total assets are equity-financed.

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

The table below presents the year-by-year Defensive Interval Ratio for WAPS 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 market cap of WAPS Co. Ltd.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2024 195 days ₩13.84 Billion ₩71.02 Million/day ₩5.25 Billion ₩3.93 Billion ▼ -6 days
2023 201 days ₩14.47 Billion ₩72.06 Million/day ₩4.85 Billion ₩4.33 Billion ▲ +51 days
2022 150 days ₩10.30 Billion ₩68.85 Million/day ₩3.85 Billion ₩3.06 Billion ▲ +46 days
2021 103 days ₩7.87 Billion ₩76.11 Million/day ₩1.83 Billion ₩2.52 Billion ▼ -22 days
2020 125 days ₩9.61 Billion ₩76.76 Million/day ₩2.72 Billion ₩2.77 Billion ▼ -119 days
2019 244 days ₩16.57 Billion ₩67.83 Million/day ₩12.75 Billion ₩513.00 Million ▲ +9 days
2018 236 days ₩16.65 Billion ₩70.63 Million/day ₩11.16 Billion ₩250.00 Million ▼ -21 days
2017 257 days ₩16.56 Billion ₩64.42 Million/day ₩11.30 Billion ₩1.75 Billion ▼ -240 days
2016 497 days ₩16.96 Billion ₩34.10 Million/day ₩12.29 Billion ₩1.75 Billion ▲ +314 days
2015 184 days ₩4.85 Billion ₩26.42 Million/day ₩- ₩1.75 Billion ▼ -56 days
2014 240 days ₩5.28 Billion ₩22.04 Million/day ₩- ₩1.85 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)