Santech Holdings Limited (STEC) — Defensive Interval Ratio

Latest as of December 2023: 119 days

Santech Holdings Limited (STEC) has a Defensive Interval Ratio of 119 days as of December 2023. Defensive assets of $36.42 Million (cash $-, short-term investments $11.05 Million, receivables $25.37 Million) cover 119 days of daily cash needs of $307.29K/day. Check Santech Holdings Limited (STEC) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

119 days
Days of operational coverage

Defensive Assets

$36.42 Million
Cash + ST Investments + Receivables

Daily Cash Need

$307.29K
Current Liabilities ÷ 365

Current Liabilities

$112.16 Million
USD

Santech Holdings Limited Defensive Interval Ratio (2018–2023)

This chart shows how Santech Holdings Limited's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of December 2023, the ratio stands at 119 days, meaning defensive assets of $36.42 Million can fund 119 days of operations without new revenue. Also explore STEC year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Santech Holdings Limited (2018–2023)

The table below presents the year-by-year Defensive Interval Ratio for Santech Holdings Limited from 2018 to 2023, 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 Santech Holdings Limited stock valuation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 173 days $477.53 Million $2.76 Million/day $- $28.90 Million ▼ -122 days
2022 295 days $630.48 Million $2.14 Million/day $- $0.00 ▼ -35 days
2021 330 days $720.16 Million $2.18 Million/day $- $- ▼ -196 days
2020 527 days $725.47 Million $1.38 Million/day $- $- ▼ -38 days
2019 565 days $599.65 Million $1.06 Million/day $- $- ▼ -373 days
2018 937 days $586.40 Million $625.51K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)