Tunghsu Azure Renewable Energy Co Ltd (000040) — Defensive Interval Ratio

Latest as of September 2024: 141 days

Tunghsu Azure Renewable Energy Co Ltd (000040) has a Defensive Interval Ratio of 141 days as of September 2024. Defensive assets of CN¥2.99 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥2.99 Billion) cover 141 days of daily cash needs of CN¥21.20 Million/day. See working capital position of Tunghsu Azure Renewable Energy Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

141 days
Days of operational coverage

Defensive Assets

CN¥2.99 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥21.20 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥7.74 Billion
CNY

Tunghsu Azure Renewable Energy Co Ltd Defensive Interval Ratio (2000–2023)

This chart shows how Tunghsu Azure Renewable Energy Co Ltd's Defensive Interval Ratio has evolved across 24 annual periods from 2000 to 2023. As of September 2024, the ratio stands at 141 days, meaning defensive assets of CN¥2.99 Billion can fund 141 days of operations without new revenue. See how leveraged is Tunghsu Azure Renewable Energy Co Ltd's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Tunghsu Azure Renewable Energy Co Ltd (2000–2023)

The table below presents the year-by-year Defensive Interval Ratio for Tunghsu Azure Renewable Energy Co Ltd from 2000 to 2023, covering 24 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 000040 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2023 128 days CN¥3.10 Billion CN¥24.16 Million/day CN¥- CN¥- ▼ -15 days
2022 143 days CN¥3.52 Billion CN¥24.61 Million/day CN¥- CN¥- ▲ +33 days
2021 110 days CN¥3.28 Billion CN¥29.95 Million/day CN¥- CN¥- ▲ +1 days
2020 108 days CN¥2.90 Billion CN¥26.77 Million/day CN¥- CN¥- ▼ -13 days
2019 121 days CN¥4.01 Billion CN¥33.00 Million/day CN¥- CN¥- ▼ -7 days
2018 128 days CN¥4.71 Billion CN¥36.77 Million/day CN¥- CN¥80.00 Million ▲ +29 days
2017 99 days CN¥2.89 Billion CN¥29.01 Million/day CN¥- CN¥- ▼ -16 days
2016 116 days CN¥1.16 Billion CN¥10.04 Million/day CN¥- CN¥- ▲ +106 days
2015 10 days CN¥88.35 Million CN¥9.03 Million/day CN¥- CN¥- ▼ -11 days
2014 21 days CN¥153.16 Million CN¥7.37 Million/day CN¥- CN¥- ▲ +4 days
2013 17 days CN¥83.59 Million CN¥4.99 Million/day CN¥- CN¥- ▼ -6 days
2012 23 days CN¥92.75 Million CN¥4.01 Million/day CN¥- CN¥- ▲ +9 days
2011 14 days CN¥33.56 Million CN¥2.41 Million/day CN¥- CN¥- ▼ -2 days
2010 16 days CN¥47.96 Million CN¥3.03 Million/day CN¥- CN¥- ▼ -38 days
2009 54 days CN¥207.38 Million CN¥3.87 Million/day CN¥- CN¥- ▼ -45 days
2008 99 days CN¥280.56 Million CN¥2.83 Million/day CN¥- CN¥- ▼ -27 days
2007 126 days CN¥309.53 Million CN¥2.46 Million/day CN¥- CN¥- ▼ -39 days
2006 165 days CN¥370.73 Million CN¥2.25 Million/day CN¥- CN¥1.70 Million ▲ +17 days
2005 148 days CN¥400.21 Million CN¥2.70 Million/day CN¥- CN¥1.50 Million ▲ +16 days
2004 132 days CN¥381.73 Million CN¥2.89 Million/day CN¥- CN¥3.73 Million ▲ +53 days
2003 79 days CN¥318.05 Million CN¥4.03 Million/day CN¥- CN¥2.93 Million ▲ +30 days
2002 49 days CN¥164.00 Million CN¥3.35 Million/day CN¥- CN¥4.03 Million ▼ -22 days
2001 71 days CN¥162.52 Million CN¥2.30 Million/day CN¥- CN¥9.12 Million ▼ -7 days
2000 78 days CN¥217.60 Million CN¥2.79 Million/day CN¥- CN¥11.50 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)