Earlyworks Co., Ltd. American Depositary Shares (ELWS) — Defensive Interval Ratio

Latest as of July 2025: 116 days

Earlyworks Co., Ltd. American Depositary Shares (ELWS) has a Defensive Interval Ratio of 116 days as of July 2025. Defensive assets of $26.36 Million (cash $-, short-term investments $-, receivables $26.36 Million) cover 116 days of daily cash needs of $226.34K/day. Check Earlyworks Co., Ltd. American Depositary tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

116 days
Days of operational coverage

Defensive Assets

$26.36 Million
Cash + ST Investments + Receivables

Daily Cash Need

$226.34K
Current Liabilities ÷ 365

Current Liabilities

$82.61 Million
USD

Earlyworks Co., Ltd. American Depositary Shares Defensive Interval Ratio (2021–2025)

This chart shows how Earlyworks Co., Ltd. American Depositary Shares's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of July 2025, the ratio stands at 116 days, meaning defensive assets of $26.36 Million can fund 116 days of operations without new revenue. Also explore Earlyworks Co., Ltd. American Depositary net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Earlyworks Co., Ltd. American Depositary Shares (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for Earlyworks Co., Ltd. American Depositary Shares from 2021 to 2025, covering 5 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 Earlyworks Co., Ltd. American Depositary stock valuation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 116 days $26.36 Million $226.34K/day $- $0.00 ▼ -226 days
2024 342 days $181.07 Million $528.77K/day $- $100.00 Million ▲ +239 days
2023 104 days $50.08 Million $482.41K/day $- $0.00 ▼ -133 days
2022 237 days $72.26 Million $305.14K/day $- $- ▼ -28 days
2021 265 days $40.69 Million $153.37K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)