BitNine Co. Ltd. (357880) — Defensive Interval Ratio

Latest as of March 2026: 42 days

BitNine Co. Ltd. (357880) has a Defensive Interval Ratio of 42 days as of March 2026. Defensive assets of ₩2.43 Billion (cash ₩-, short-term investments ₩412.59 Million, receivables ₩2.02 Billion) cover 42 days of daily cash needs of ₩58.39 Million/day. See how liquid is BitNine Co. Ltd.'s working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

42 days
Days of operational coverage

Defensive Assets

₩2.43 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩58.39 Million
Current Liabilities ÷ 365

Current Liabilities

₩21.31 Billion
KRW

BitNine Co. Ltd. Defensive Interval Ratio (2018–2025)

This chart shows how BitNine Co. Ltd.'s Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 42 days, meaning defensive assets of ₩2.43 Billion can fund 42 days of operations without new revenue. See net asset quality index of BitNine Co. Ltd. to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for BitNine Co. Ltd. (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for BitNine Co. Ltd. from 2018 to 2025, covering 8 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 BitNine Co. Ltd..

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2025 66 days ₩4.41 Billion ₩66.99 Million/day ₩- ₩910.65 Million ▲ +0 days
2024 66 days ₩3.29 Billion ₩50.14 Million/day ₩359.13 Million ₩110.00 ▼ -119 days
2023 184 days ₩20.49 Billion ₩111.14 Million/day ₩7.96 Billion ₩3.52 Billion ▼ -2298 days
2022 2482 days ₩29.38 Billion ₩11.84 Million/day ₩- ₩20.24 Billion ▼ -5195 days
2021 7678 days ₩29.85 Billion ₩3.89 Million/day ₩13.21 Billion ₩10.00 Billion ▲ +7486 days
2020 192 days ₩5.28 Billion ₩27.53 Million/day ₩4.15 Billion ₩- ▲ +43 days
2019 149 days ₩5.93 Billion ₩39.80 Million/day ₩1.83 Billion ₩- ▼ -330 days
2018 479 days ₩9.95 Billion ₩20.77 Million/day ₩6.02 Billion ₩- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)