Letong Chemical Co Ltd (002319) — Defensive Interval Ratio

Latest as of September 2025: 184 days

Letong Chemical Co Ltd (002319) has a Defensive Interval Ratio of 184 days as of September 2025. Defensive assets of CN¥210.49 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥210.49 Million) cover 184 days of daily cash needs of CN¥1.15 Million/day. Check Letong Chemical Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

184 days
Days of operational coverage

Defensive Assets

CN¥210.49 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.15 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥418.59 Million
CNY

Letong Chemical Co Ltd Defensive Interval Ratio (2008–2024)

This chart shows how Letong Chemical Co Ltd's Defensive Interval Ratio has evolved across 17 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 184 days, meaning defensive assets of CN¥210.49 Million can fund 184 days of operations without new revenue. Also explore Letong Chemical Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Letong Chemical Co Ltd (2008–2024)

The table below presents the year-by-year Defensive Interval Ratio for Letong Chemical Co Ltd from 2008 to 2024, covering 17 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 Letong Chemical Co Ltd market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 171 days CN¥186.74 Million CN¥1.09 Million/day CN¥- CN¥- ▲ +33 days
2023 138 days CN¥199.45 Million CN¥1.44 Million/day CN¥- CN¥- ▼ -9 days
2022 147 days CN¥225.75 Million CN¥1.54 Million/day CN¥- CN¥420.00K ▲ +8 days
2021 139 days CN¥209.83 Million CN¥1.51 Million/day CN¥- CN¥- ▲ +27 days
2020 112 days CN¥148.78 Million CN¥1.33 Million/day CN¥- CN¥- ▼ -8 days
2019 120 days CN¥169.10 Million CN¥1.41 Million/day CN¥- CN¥- ▼ -1 days
2018 121 days CN¥173.59 Million CN¥1.44 Million/day CN¥- CN¥- ▼ -8 days
2017 129 days CN¥209.11 Million CN¥1.63 Million/day CN¥- CN¥- ▼ -4 days
2016 133 days CN¥221.05 Million CN¥1.67 Million/day CN¥- CN¥- ▼ -19 days
2015 151 days CN¥233.92 Million CN¥1.55 Million/day CN¥- CN¥- ▼ -205 days
2014 356 days CN¥260.90 Million CN¥732.66K/day CN¥- CN¥- ▲ +71 days
2013 285 days CN¥302.06 Million CN¥1.06 Million/day CN¥- CN¥- ▼ -57 days
2012 342 days CN¥162.60 Million CN¥475.29K/day CN¥- CN¥- ▼ -48 days
2011 391 days CN¥231.48 Million CN¥592.66K/day CN¥- CN¥- ▼ -52 days
2010 443 days CN¥191.33 Million CN¥432.39K/day CN¥- CN¥- ▲ +18 days
2009 424 days CN¥128.96 Million CN¥303.80K/day CN¥- CN¥- ▼ -8 days
2008 433 days CN¥111.12 Million CN¥256.71K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)