Tarena International Inc (TCTM) — Defensive Interval Ratio

Latest as of December 2024: 0 days

Tarena International Inc (TCTM) has a Defensive Interval Ratio of 0 days as of December 2024. Defensive assets of $0.00 (cash $-, short-term investments $0.00, receivables $-) cover 0 days of daily cash needs of $4.97 Million/day.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

$0.00
Cash + ST Investments + Receivables

Daily Cash Need

$4.97 Million
Current Liabilities ÷ 365

Current Liabilities

$1.81 Billion
USD

Tarena International Inc Defensive Interval Ratio (2020–2024)

This chart shows how Tarena International Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of December 2024, the ratio stands at 0 days, meaning defensive assets of $0.00 can fund 0 days of operations without new revenue. For the complete balance sheet picture, see Tarena International Inc asset portfolio.

Annual Defensive Interval Ratio for Tarena International Inc (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for Tarena International Inc from 2020 to 2024, 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. See working capital to net assets of Tarena International Inc to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 0 days $0.00 $4.97 Million/day $- $0.00 ▼ 0 days
2023 0 days $344.00K $6.61 Million/day $- $300.00K ▼ -10 days
2022 10 days $75.71 Million $7.28 Million/day $- $6.28 Million ▲ +4 days
2021 7 days $55.55 Million $8.06 Million/day $- $6.26 Million ▼ -1 days
2020 8 days $59.77 Million $7.31 Million/day $- $6.26 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)