Ningbo Water Meter Co Ltd Defensive Interval Ratio
Ningbo Water Meter Co Ltd defensive interval ratio. Ningbo Water Meter Co Ltd (603700) has a Defensive Interval Ratio of 476 days as of September 2025. Defensive assets of CN¥976.75 Million (cash CN¥-, short-term investments CN¥2.54 Million, receivables CN¥974.21 Million) cover 476 days of daily cash needs of CN¥2.05 Million/day. Explore 603700 long-term asset investment ratio to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Ningbo Water Meter Co Ltd (2014–2024)
Defensive interval ratio of Ningbo Water Meter Co Ltd from 2014 to 2024. This chart shows how Ningbo Water Meter Co Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2025, the ratio stands at 476 days, meaning defensive assets of CN¥976.75 Million can fund 476 days of operations without new revenue. Read total liabilities of Ningbo Water Meter Co Ltd for a breakdown of total debt and financial obligations.
Ningbo Water Meter Co Ltd Defensive Interval Ratio by Year (2014–2024)
Ningbo Water Meter Co Ltd defensive interval ratio by year from 2014 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Ningbo Water Meter Co Ltd from 2014 to 2024, covering 11 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 total assets of Ningbo Water Meter Co Ltd.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 469 days | CN¥846.52 Million | CN¥1.80 Million/day | CN¥- | CN¥- | ▲ +23 days |
| 2023 | 446 days | CN¥798.73 Million | CN¥1.79 Million/day | CN¥- | CN¥- | ▲ +96 days |
| 2022 | 351 days | CN¥773.57 Million | CN¥2.20 Million/day | CN¥- | CN¥- | ▼ -180 days |
| 2021 | 531 days | CN¥894.76 Million | CN¥1.68 Million/day | CN¥- | CN¥210.22 Million | ▼ -65 days |
| 2020 | 597 days | CN¥974.59 Million | CN¥1.63 Million/day | CN¥- | CN¥409.89 Million | ▼ -4 days |
| 2019 | 601 days | CN¥734.55 Million | CN¥1.22 Million/day | CN¥- | CN¥350.00 Million | ▲ +325 days |
| 2018 | 276 days | CN¥229.61 Million | CN¥832.03K/day | CN¥- | CN¥- | ▲ +6 days |
| 2017 | 270 days | CN¥193.01 Million | CN¥715.06K/day | CN¥- | CN¥- | ▼ -88 days |
| 2016 | 358 days | CN¥188.45 Million | CN¥526.92K/day | CN¥- | CN¥- | ▲ +21 days |
| 2015 | 336 days | CN¥181.62 Million | CN¥539.76K/day | CN¥- | CN¥- | ▲ +130 days |
| 2014 | 206 days | CN¥141.70 Million | CN¥686.51K/day | CN¥- | CN¥- | — |