Ming Shing Group Holdings Ltd (MSW) — Defensive Interval Ratio
Ming Shing Group Holdings Ltd (MSW) has a Defensive Interval Ratio of 223 days as of September 2025. Defensive assets of $3.42 Million (cash $-, short-term investments $-, receivables $3.42 Million) cover 223 days of daily cash needs of $15.36K/day. See MSW working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ming Shing Group Holdings Ltd Defensive Interval Ratio (2021–2026)
This chart shows how Ming Shing Group Holdings Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2021 to 2026. As of September 2025, the ratio stands at 223 days, meaning defensive assets of $3.42 Million can fund 223 days of operations without new revenue. Read MSW current and long-term liabilities for a breakdown of total debt and financial obligations.
Annual Defensive Interval Ratio for Ming Shing Group Holdings Ltd (2021–2026)
The table below presents the year-by-year Defensive Interval Ratio for Ming Shing Group Holdings Ltd from 2021 to 2026, 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 the complete balance sheet picture, see Ming Shing Group Holdings Ltd asset portfolio.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 51 days | $834.58K | $16.40K/day | $- | $- | ▼ -315 days |
| 2025 | 366 days | $9.55 Million | $26.10K/day | $- | $- | ▲ +0 days |
| 2024 | 366 days | $7.75 Million | $21.21K/day | $- | $- | ▼ -22 days |
| 2023 | 388 days | $6.57 Million | $16.94K/day | $- | $- | ▼ -70 days |
| 2022 | 457 days | $4.96 Million | $10.85K/day | $- | $- | ▼ -133 days |
| 2021 | 591 days | $1.74 Million | $2.95K/day | $- | $- | — |