Fujian Longma Envi Sanitation (603686) — Defensive Interval Ratio

Latest as of March 2026: 412 days

Fujian Longma Envi Sanitation (603686) has a Defensive Interval Ratio of 412 days as of March 2026. Defensive assets of CN¥3.35 Billion (cash CN¥-, short-term investments CN¥418.39 Million, receivables CN¥2.94 Billion) cover 412 days of daily cash needs of CN¥8.15 Million/day.

Defensive Interval Ratio

412 days
Days of operational coverage

Defensive Assets

CN¥3.35 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥8.15 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥2.97 Billion
CNY

Fujian Longma Envi Sanitation Defensive Interval Ratio (2011–2025)

This chart shows how Fujian Longma Envi Sanitation's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of March 2026, the ratio stands at 412 days, meaning defensive assets of CN¥3.35 Billion can fund 412 days of operations without new revenue. For the complete balance sheet picture, see Fujian Longma Envi Sanitation balance sheet assets.

Annual Defensive Interval Ratio for Fujian Longma Envi Sanitation (2011–2025)

The table below presents the year-by-year Defensive Interval Ratio for Fujian Longma Envi Sanitation from 2011 to 2025, covering 15 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of Fujian Longma Envi Sanitation to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 375 days CN¥2.96 Billion CN¥7.90 Million/day CN¥- CN¥232.16 Million ▼ -129 days
2024 505 days CN¥3.44 Billion CN¥6.81 Million/day CN¥- CN¥151.38 Million ▲ +51 days
2023 454 days CN¥2.75 Billion CN¥6.06 Million/day CN¥- CN¥- ▼ -36 days
2022 490 days CN¥2.79 Billion CN¥5.68 Million/day CN¥- CN¥- ▲ +82 days
2021 408 days CN¥2.27 Billion CN¥5.58 Million/day CN¥- CN¥- ▲ +88 days
2020 320 days CN¥1.88 Billion CN¥5.86 Million/day CN¥- CN¥137.00 Million ▼ -67 days
2019 387 days CN¥1.97 Billion CN¥5.09 Million/day CN¥- CN¥240.00 Million ▼ -15 days
2018 402 days CN¥1.82 Billion CN¥4.54 Million/day CN¥- CN¥50.06 Million ▲ +82 days
2017 320 days CN¥1.33 Billion CN¥4.17 Million/day CN¥- CN¥87.34 Million ▲ +49 days
2016 271 days CN¥947.85 Million CN¥3.50 Million/day CN¥- CN¥191.00 Million ▼ -8 days
2015 279 days CN¥593.83 Million CN¥2.13 Million/day CN¥- CN¥- ▼ -8 days
2014 287 days CN¥473.30 Million CN¥1.65 Million/day CN¥- CN¥- ▼ -16 days
2013 303 days CN¥342.28 Million CN¥1.13 Million/day CN¥- CN¥- ▲ +62 days
2012 241 days CN¥208.28 Million CN¥864.39K/day CN¥- CN¥- ▲ +59 days
2011 182 days CN¥120.83 Million CN¥664.23K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)