NOVA Technology Corporation Limited (300921) — Defensive Interval Ratio

Latest as of June 2025: 1966 days

NOVA Technology Corporation Limited (300921) has a Defensive Interval Ratio of 1966 days as of June 2025. Defensive assets of CN¥665.20 Million (cash CN¥-, short-term investments CN¥524.31 Million, receivables CN¥140.90 Million) cover 1966 days of daily cash needs of CN¥338.33K/day. Check NOVA Technology Corporation Limited (300921) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1966 days
Days of operational coverage

Defensive Assets

CN¥665.20 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥338.33K
Current Liabilities ÷ 365

Current Liabilities

CN¥123.49 Million
CNY

NOVA Technology Corporation Limited Defensive Interval Ratio (2019–2024)

This chart shows how NOVA Technology Corporation Limited's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 1966 days, meaning defensive assets of CN¥665.20 Million can fund 1966 days of operations without new revenue. Also explore 300921 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for NOVA Technology Corporation Limited (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for NOVA Technology Corporation Limited from 2019 to 2024, 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 NOVA Technology Corporation Limited market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 2099 days CN¥648.10 Million CN¥308.71K/day CN¥- CN¥514.56 Million ▲ +381 days
2023 1718 days CN¥635.33 Million CN¥369.77K/day CN¥- CN¥501.17 Million ▼ -14 days
2022 1732 days CN¥557.53 Million CN¥321.85K/day CN¥- CN¥426.42 Million ▼ -306 days
2021 2038 days CN¥525.15 Million CN¥257.67K/day CN¥- CN¥403.27 Million ▲ +1661 days
2020 377 days CN¥84.79 Million CN¥224.86K/day CN¥- CN¥- ▼ -74 days
2019 451 days CN¥99.05 Million CN¥219.71K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)