Hitek Global Inc. Ordinary Share (HKIT) — Defensive Interval Ratio

Latest as of September 2025: 3595 days

Hitek Global Inc. Ordinary Share (HKIT) has a Defensive Interval Ratio of 3595 days as of September 2025. Defensive assets of $23.71 Million (cash $-, short-term investments $21.60 Million, receivables $2.11 Million) cover 3595 days of daily cash needs of $6.59K/day. Check how tangible is Hitek Global Inc. Ordinary Share's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

3595 days
Days of operational coverage

Defensive Assets

$23.71 Million
Cash + ST Investments + Receivables

Daily Cash Need

$6.59K
Current Liabilities ÷ 365

Current Liabilities

$2.41 Million
USD

Hitek Global Inc. Ordinary Share Defensive Interval Ratio (2016–2024)

This chart shows how Hitek Global Inc. Ordinary Share's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 3595 days, meaning defensive assets of $23.71 Million can fund 3595 days of operations without new revenue. Also explore Hitek Global Inc. Ordinary Share annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hitek Global Inc. Ordinary Share (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Hitek Global Inc. Ordinary Share from 2016 to 2024, covering 9 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 HKIT company net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 3600 days $25.77 Million $7.16K/day $- $22.93 Million ▲ +1988 days
2023 1612 days $14.89 Million $9.24K/day $- $8.84 Million ▲ +825 days
2022 787 days $9.06 Million $11.52K/day $- $4.29 Million ▼ -297 days
2021 1085 days $8.29 Million $7.64K/day $- $5.20 Million ▲ +54 days
2020 1030 days $6.72 Million $6.52K/day $- $2.83 Million ▼ -71 days
2019 1102 days $5.93 Million $5.39K/day $- $1.97 Million ▲ +345 days
2018 756 days $3.98 Million $5.26K/day $- $2.09 Million ▲ +57 days
2017 700 days $3.75 Million $5.36K/day $- $1.77 Million ▲ +219 days
2016 481 days $2.96 Million $6.15K/day $- $1.73 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)