Nextool Technology Co. Ltd. A (688419) — Defensive Interval Ratio

Latest as of June 2025: 1390 days

Nextool Technology Co. Ltd. A (688419) has a Defensive Interval Ratio of 1390 days as of June 2025. Defensive assets of CN¥760.69 Million (cash CN¥-, short-term investments CN¥668.00 Million, receivables CN¥92.69 Million) cover 1390 days of daily cash needs of CN¥547.19K/day. Check Nextool Technology Co. Ltd. A tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1390 days
Days of operational coverage

Defensive Assets

CN¥760.69 Million
Cash + ST Investments + Receivables

Daily Cash Need

CN¥547.19K
Current Liabilities ÷ 365

Current Liabilities

CN¥199.72 Million
CNY

Nextool Technology Co. Ltd. A Defensive Interval Ratio (2020–2024)

This chart shows how Nextool Technology Co. Ltd. A's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 1390 days, meaning defensive assets of CN¥760.69 Million can fund 1390 days of operations without new revenue. Also explore Nextool Technology Co. Ltd. A (688419) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Nextool Technology Co. Ltd. A (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for Nextool Technology Co. Ltd. A from 2020 to 2024, covering 5 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 Nextool Technology Co. Ltd. A (688419) market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 620 days CN¥330.70 Million CN¥533.42K/day CN¥- CN¥242.00 Million ▼ -29 days
2023 649 days CN¥290.44 Million CN¥447.83K/day CN¥- CN¥210.00 Million ▼ -80 days
2022 729 days CN¥341.05 Million CN¥468.01K/day CN¥- CN¥226.06 Million ▲ +551 days
2021 177 days CN¥89.69 Million CN¥505.87K/day CN¥- CN¥25.49 Million ▼ -84 days
2020 261 days CN¥70.14 Million CN¥268.39K/day CN¥- CN¥29.79 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)