Ningbo Tip Rubber Technology Co Ltd (605255) — Defensive Interval Ratio

Latest as of September 2025: 786 days

Ningbo Tip Rubber Technology Co Ltd (605255) has a Defensive Interval Ratio of 786 days as of September 2025. Defensive assets of CN¥113.55 Million (cash CN¥-, short-term investments CN¥37.29 Million, receivables CN¥76.25 Million) cover 786 days of daily cash needs of CN¥144.45K/day. Check tangible equity quality of Ningbo Tip Rubber Technology Co Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

786 days
Days of operational coverage

Defensive Assets

CN¥113.55 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥144.45K
Current Liabilities ÷ 365

Current Liabilities

CN¥52.73 Million
CNY

Ningbo Tip Rubber Technology Co Ltd Defensive Interval Ratio (2016–2024)

This chart shows how Ningbo Tip Rubber Technology Co Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 786 days, meaning defensive assets of CN¥113.55 Million can fund 786 days of operations without new revenue. Also explore Ningbo Tip Rubber Technology Co Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ningbo Tip Rubber Technology Co Ltd (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Ningbo Tip Rubber Technology 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 Ningbo Tip Rubber Technology Co Ltd stock valuation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 1144 days CN¥156.35 Million CN¥136.66K/day CN¥- CN¥66.31 Million ▼ -143 days
2023 1287 days CN¥186.33 Million CN¥144.78K/day CN¥- CN¥98.72 Million ▲ +269 days
2022 1018 days CN¥174.53 Million CN¥171.49K/day CN¥- CN¥83.53 Million ▲ +354 days
2021 663 days CN¥250.83 Million CN¥378.13K/day CN¥- CN¥165.98 Million ▼ -454 days
2020 1117 days CN¥292.63 Million CN¥261.94K/day CN¥- CN¥191.36 Million ▲ +648 days
2019 469 days CN¥98.98 Million CN¥211.01K/day CN¥- CN¥22.80 Million ▼ -419 days
2018 888 days CN¥101.08 Million CN¥113.78K/day CN¥- CN¥- ▲ +556 days
2017 332 days CN¥117.40 Million CN¥353.71K/day CN¥- CN¥- ▼ -238 days
2016 570 days CN¥103.50 Million CN¥181.49K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)