Tongyang Pile Inc (228340) — Defensive Interval Ratio

Latest as of September 2025: 984 days

Tongyang Pile Inc (228340) has a Defensive Interval Ratio of 984 days as of September 2025. Defensive assets of ₩14.65 Billion (cash ₩-, short-term investments ₩3.00 Billion, receivables ₩11.65 Billion) cover 984 days of daily cash needs of ₩14.89 Million/day.

Defensive Interval Ratio

984 days
Days of operational coverage

Defensive Assets

₩14.65 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩14.89 Million
Current Liabilities ÷ 365

Current Liabilities

₩5.43 Billion
KRW

Tongyang Pile Inc Defensive Interval Ratio (2015–2024)

This chart shows how Tongyang Pile Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 984 days, meaning defensive assets of ₩14.65 Billion can fund 984 days of operations without new revenue. For the complete balance sheet picture, see 228340 total asset value.

Annual Defensive Interval Ratio for Tongyang Pile Inc (2015–2024)

The table below presents the year-by-year Defensive Interval Ratio for Tongyang Pile Inc from 2015 to 2024, 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. See Tongyang Pile Inc working capital to net assets 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 1240 days ₩19.19 Billion ₩15.48 Million/day ₩9.48 Billion ₩0.00 ▼ -2450 days
2023 3689 days ₩72.35 Billion ₩19.61 Million/day ₩3.99 Billion ₩49.09 Billion ▼ -18 days
2022 3707 days ₩64.36 Billion ₩17.36 Million/day ₩10.32 Billion ₩40.01 Billion ▲ +1021 days
2021 2687 days ₩58.86 Billion ₩21.91 Million/day ₩6.44 Billion ₩40.75 Billion ▼ -491 days
2020 3178 days ₩57.99 Billion ₩18.25 Million/day ₩21.41 Billion ₩25.28 Billion ▲ +573 days
2019 2605 days ₩54.56 Billion ₩20.95 Million/day ₩11.77 Billion ₩25.19 Billion ▲ +586 days
2018 2018 days ₩58.63 Billion ₩29.05 Million/day ₩47.15 Billion ₩- ▲ +122 days
2017 1896 days ₩66.51 Billion ₩35.07 Million/day ₩48.00 Billion ₩- ▲ +1145 days
2016 751 days ₩92.68 Billion ₩123.44 Million/day ₩57.00 Billion ₩- ▲ +553 days
2015 198 days ₩29.56 Billion ₩149.36 Million/day ₩- ₩- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)