iRay Technology Co Ltd (688301) — Defensive Interval Ratio

Latest as of September 2025: 236 days

iRay Technology Co Ltd (688301) has a Defensive Interval Ratio of 236 days as of September 2025. Defensive assets of CN¥871.38 Million (cash CN¥-, short-term investments CN¥-, receivables CN¥871.38 Million) cover 236 days of daily cash needs of CN¥3.69 Million/day. Check iRay Technology Co Ltd (688301) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

236 days
Days of operational coverage

Defensive Assets

CN¥871.38 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥3.69 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.35 Billion
CNY

iRay Technology Co Ltd Defensive Interval Ratio (2015–2024)

This chart shows how iRay Technology Co Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2025, the ratio stands at 236 days, meaning defensive assets of CN¥871.38 Million can fund 236 days of operations without new revenue. Also explore net asset growth rate of iRay Technology Co Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for iRay Technology Co Ltd (2015–2024)

The table below presents the year-by-year Defensive Interval Ratio for iRay Technology Co Ltd from 2015 to 2024, covering 10 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 how much is iRay Technology Co Ltd worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 387 days CN¥953.33 Million CN¥2.47 Million/day CN¥- CN¥113.28 Million ▲ +126 days
2023 261 days CN¥977.27 Million CN¥3.74 Million/day CN¥- CN¥270.44 Million ▼ -488 days
2022 750 days CN¥1.07 Billion CN¥1.43 Million/day CN¥- CN¥665.29 Million ▼ -463 days
2021 1213 days CN¥1.25 Billion CN¥1.03 Million/day CN¥- CN¥835.60 Million ▼ -660 days
2020 1873 days CN¥1.21 Billion CN¥645.20K/day CN¥- CN¥1.00 Billion ▲ +1509 days
2019 364 days CN¥234.05 Million CN¥642.64K/day CN¥- CN¥- ▼ -21 days
2018 385 days CN¥154.00 Million CN¥400.12K/day CN¥- CN¥- ▲ +83 days
2017 302 days CN¥96.61 Million CN¥320.24K/day CN¥- CN¥- ▼ -70 days
2016 372 days CN¥75.63 Million CN¥203.57K/day CN¥- CN¥- ▼ -30 days
2015 401 days CN¥45.37 Million CN¥113.04K/day CN¥- CN¥-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)