COFCO Engineering & Technology Co Ltd Defensive Interval Ratio
COFCO Engineering & Technology Co Ltd defensive interval ratio. COFCO Engineering & Technology Co Ltd (301058) has a Defensive Interval Ratio of 153 days as of June 2025. Defensive assets of CN¥928.83 Million (cash CN¥-, short-term investments CN¥136.92 Million, receivables CN¥791.91 Million) cover 153 days of daily cash needs of CN¥6.08 Million/day. See how liquid is COFCO Engineering & Technology Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of COFCO Engineering & Technology Co Ltd (2019–2024)
Defensive interval ratio of COFCO Engineering & Technology Co Ltd from 2019 to 2024. This chart shows how COFCO Engineering & Technology Co Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 153 days, meaning defensive assets of CN¥928.83 Million can fund 153 days of operations without new revenue. Check COFCO Engineering & Technology Co Ltd liquid asset ratio to evaluate the company's liquid asset resilience ratio.
COFCO Engineering & Technology Co Ltd Defensive Interval Ratio by Year (2019–2024)
COFCO Engineering & Technology Co Ltd defensive interval ratio by year from 2019 to 2024. The table below presents the year-by-year Defensive Interval Ratio for COFCO Engineering & Technology Co Ltd 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 the complete balance sheet picture, see balance sheet size of COFCO Engineering & Technology Co Ltd.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 128 days | CN¥892.48 Million | CN¥6.96 Million/day | CN¥- | CN¥152.30 Million | ▼ -19 days |
| 2023 | 148 days | CN¥813.78 Million | CN¥5.52 Million/day | CN¥- | CN¥136.56 Million | ▼ -11 days |
| 2022 | 158 days | CN¥742.34 Million | CN¥4.69 Million/day | CN¥- | CN¥100.75 Million | ▲ +17 days |
| 2021 | 141 days | CN¥698.09 Million | CN¥4.95 Million/day | CN¥- | CN¥165.08 Million | ▲ +4 days |
| 2020 | 137 days | CN¥491.18 Million | CN¥3.58 Million/day | CN¥- | CN¥- | ▼ -10 days |
| 2019 | 148 days | CN¥429.58 Million | CN¥2.91 Million/day | CN¥- | CN¥- | — |