Triangle Tyre Co Ltd (601163) — Defensive Interval Ratio

Latest as of March 2026: 79 days

Triangle Tyre Co Ltd (601163) has a Defensive Interval Ratio of 79 days as of March 2026. Defensive assets of CN¥1.11 Billion (cash CN¥-, short-term investments CN¥988.26K, receivables CN¥1.11 Billion) cover 79 days of daily cash needs of CN¥13.98 Million/day. See working capital to net assets of Triangle Tyre Co Ltd to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

79 days
Days of operational coverage

Defensive Assets

CN¥1.11 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥13.98 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥5.10 Billion
CNY

Triangle Tyre Co Ltd Defensive Interval Ratio (2008–2025)

This chart shows how Triangle Tyre Co Ltd's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 79 days, meaning defensive assets of CN¥1.11 Billion can fund 79 days of operations without new revenue. See Triangle Tyre Co Ltd (601163) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Triangle Tyre Co Ltd (2008–2025)

The table below presents the year-by-year Defensive Interval Ratio for Triangle Tyre Co Ltd from 2008 to 2025, covering 18 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 Triangle Tyre Co Ltd stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 77 days CN¥1.10 Billion CN¥14.19 Million/day CN¥- CN¥1.06 Million ▼ -564 days
2024 641 days CN¥9.60 Billion CN¥14.98 Million/day CN¥- CN¥7.53 Billion ▲ +0 days
2023 641 days CN¥9.40 Billion CN¥14.68 Million/day CN¥- CN¥7.56 Billion ▲ +528 days
2022 113 days CN¥1.67 Billion CN¥14.80 Million/day CN¥- CN¥386.49K ▼ -6 days
2021 119 days CN¥1.62 Billion CN¥13.68 Million/day CN¥- CN¥619.79K ▼ -113 days
2020 232 days CN¥3.30 Billion CN¥14.25 Million/day CN¥- CN¥1.55 Billion ▼ -166 days
2019 398 days CN¥4.96 Billion CN¥12.46 Million/day CN¥- CN¥3.67 Billion ▲ +77 days
2018 321 days CN¥3.91 Billion CN¥12.17 Million/day CN¥- CN¥2.54 Billion ▲ +192 days
2017 129 days CN¥1.65 Billion CN¥12.79 Million/day CN¥- CN¥407.26K ▲ +25 days
2016 104 days CN¥1.08 Billion CN¥10.38 Million/day CN¥- CN¥109.11K ▲ +35 days
2015 69 days CN¥720.43 Million CN¥10.49 Million/day CN¥- CN¥- ▲ +3 days
2014 66 days CN¥694.16 Million CN¥10.55 Million/day CN¥- CN¥- ▼ -47 days
2013 113 days CN¥1.02 Billion CN¥9.06 Million/day CN¥- CN¥- ▲ +32 days
2012 80 days CN¥712.78 Million CN¥8.87 Million/day CN¥- CN¥- ▼ -21 days
2011 101 days CN¥959.96 Million CN¥9.50 Million/day CN¥- CN¥- ▲ +99 days
2010 2 days CN¥17.86 Million CN¥11.03 Million/day CN¥- CN¥- ▼ -135 days
2009 137 days CN¥1.13 Billion CN¥8.27 Million/day CN¥- CN¥- ▲ +23 days
2008 114 days CN¥987.18 Million CN¥8.67 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)