Meter Instruments Co. Ltd (301006) — Defensive Interval Ratio

Latest as of September 2025: 1020 days

Meter Instruments Co. Ltd (301006) has a Defensive Interval Ratio of 1020 days as of September 2025. Defensive assets of CN¥490.47 Million (cash CN¥-, short-term investments CN¥110.16 Million, receivables CN¥380.31 Million) cover 1020 days of daily cash needs of CN¥480.69K/day. See working capital to net assets of Meter Instruments Co. Ltd to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1020 days
Days of operational coverage

Defensive Assets

CN¥490.47 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥480.69K
Current Liabilities ÷ 365

Current Liabilities

CN¥175.45 Million
CNY

Meter Instruments Co. Ltd Defensive Interval Ratio (2016–2024)

This chart shows how Meter Instruments Co. Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 1020 days, meaning defensive assets of CN¥490.47 Million can fund 1020 days of operations without new revenue. See 301006 net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Meter Instruments Co. Ltd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Meter Instruments Co. Ltd from 2016 to 2024, covering 9 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 Meter Instruments Co. Ltd stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 849 days CN¥370.67 Million CN¥436.69K/day CN¥- CN¥- ▲ +83 days
2023 765 days CN¥322.87 Million CN¥421.81K/day CN¥- CN¥- ▲ +57 days
2022 709 days CN¥298.06 Million CN¥420.66K/day CN¥- CN¥- ▼ -257 days
2021 965 days CN¥358.86 Million CN¥371.83K/day CN¥- CN¥113.65 Million ▲ +388 days
2020 578 days CN¥211.50 Million CN¥366.19K/day CN¥- CN¥- ▲ +136 days
2019 442 days CN¥152.17 Million CN¥344.47K/day CN¥- CN¥- ▼ -22 days
2018 464 days CN¥75.57 Million CN¥163.01K/day CN¥- CN¥- ▼ -101 days
2017 565 days CN¥57.58 Million CN¥101.96K/day CN¥- CN¥- ▲ +381 days
2016 184 days CN¥63.36 Million CN¥344.98K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)