Form Bio Co. Ltd. (377220) — Defensive Interval Ratio

Latest as of September 2025: 46 days

Form Bio Co. Ltd. (377220) has a Defensive Interval Ratio of 46 days as of September 2025. Defensive assets of ₩4.60 Billion (cash ₩-, short-term investments ₩1.01 Billion, receivables ₩3.59 Billion) cover 46 days of daily cash needs of ₩99.63 Million/day. Check 377220 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

46 days
Days of operational coverage

Defensive Assets

₩4.60 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩99.63 Million
Current Liabilities ÷ 365

Current Liabilities

₩36.36 Billion
KRW

Form Bio Co. Ltd. Defensive Interval Ratio (2019–2024)

This chart shows how Form Bio Co. Ltd.'s Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of September 2025, the ratio stands at 46 days, meaning defensive assets of ₩4.60 Billion can fund 46 days of operations without new revenue. Also explore net asset momentum of Form Bio Co. Ltd. to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Form Bio Co. Ltd. (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Form Bio Co. Ltd. from 2019 to 2024, covering 6 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 Form Bio Co. Ltd. stock valuation.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2024 52 days ₩3.91 Billion ₩74.47 Million/day ₩- ₩1.00 Billion ▲ +17 days
2023 35 days ₩2.11 Billion ₩60.02 Million/day ₩- ₩- ▼ -1609 days
2022 1644 days ₩28.95 Billion ₩17.61 Million/day ₩1.81 Billion ₩25.00 Billion ▲ +136 days
2021 1508 days ₩48.13 Billion ₩31.91 Million/day ₩8.12 Billion ₩35.98 Billion ▲ +1167 days
2020 341 days ₩17.07 Billion ₩50.00 Million/day ₩7.56 Billion ₩5.00 Billion ▲ +212 days
2019 129 days ₩10.72 Billion ₩82.80 Million/day ₩3.75 Billion ₩2.70 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)