Qudian Inc (QD) — Defensive Interval Ratio
Qudian Inc (QD) has a Defensive Interval Ratio of 1796 days as of September 2025. Defensive assets of $9.82 Billion (cash $7.01 Billion, short-term investments $2.81 Billion, receivables $6.48 Million) cover 1796 days of daily cash needs of $5.47 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Qudian Inc Defensive Interval Ratio (2014–2024)
This chart shows how Qudian Inc's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 1796 days, meaning defensive assets of $9.82 Billion can fund 1796 days of operations without new revenue. For the complete balance sheet picture, see Qudian Inc assets under control.
Annual Defensive Interval Ratio for Qudian Inc (2014–2024)
The table below presents the year-by-year Defensive Interval Ratio for Qudian Inc from 2014 to 2024, covering 11 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 position of Qudian 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 | 2486 days | $7.66 Billion | $3.08 Million/day | $4.26 Billion | $3.13 Billion | ▼ -2235 days |
| 2023 | 4721 days | $9.76 Billion | $2.07 Million/day | $7.21 Billion | $2.20 Billion | ▼ -821 days |
| 2022 | 5542 days | $8.88 Billion | $1.60 Million/day | $3.50 Billion | $5.38 Billion | ▼ -3039 days |
| 2021 | 8581 days | $11.60 Billion | $1.35 Million/day | $2.07 Billion | $5.93 Billion | ▲ +2994 days |
| 2020 | 5587 days | $7.23 Billion | $1.29 Million/day | $1.54 Billion | $5.04 Billion | ▲ +4197 days |
| 2019 | 1390 days | $14.84 Billion | $10.68 Million/day | $2.86 Billion | $231.13 Million | ▲ +426 days |
| 2018 | 964 days | $13.25 Billion | $13.75 Million/day | $2.50 Billion | $265.00 | ▲ +320 days |
| 2017 | 643 days | $16.45 Billion | $25.56 Million/day | $6.83 Billion | $300.00 Million | ▲ +110 days |
| 2016 | 533 days | $6.62 Billion | $12.41 Million/day | $785.77 Million | $430.20 Million | ▲ +288 days |
| 2015 | 245 days | $2.16 Billion | $8.82 Million/day | $- | $49.00 Million | ▼ -58 days |
| 2014 | 303 days | $420.88 Million | $1.39 Million/day | $- | $0.00 | — |