Trina Solar Co Ltd (688599) — Defensive Interval Ratio

Latest as of March 2026: 81 days

Trina Solar Co Ltd (688599) has a Defensive Interval Ratio of 81 days as of March 2026. Defensive assets of CN¥14.08 Billion (cash CN¥-, short-term investments CN¥78.41 Million, receivables CN¥14.00 Billion) cover 81 days of daily cash needs of CN¥172.80 Million/day.

Defensive Interval Ratio

81 days
Days of operational coverage

Defensive Assets

CN¥14.08 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥172.80 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥63.07 Billion
CNY

Trina Solar Co Ltd Defensive Interval Ratio (2007–2025)

This chart shows how Trina Solar Co Ltd's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of March 2026, the ratio stands at 81 days, meaning defensive assets of CN¥14.08 Billion can fund 81 days of operations without new revenue. For the complete balance sheet picture, see 688599 total asset value.

Annual Defensive Interval Ratio for Trina Solar Co Ltd (2007–2025)

The table below presents the year-by-year Defensive Interval Ratio for Trina Solar Co Ltd from 2007 to 2025, covering 19 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 Trina Solar Co Ltd working capital to net assets 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 81 days CN¥13.01 Billion CN¥161.38 Million/day CN¥- CN¥21.83 Million ▼ -54 days
2024 135 days CN¥20.49 Billion CN¥152.01 Million/day CN¥- CN¥28.90 Million ▼ -24 days
2023 159 days CN¥26.52 Billion CN¥167.06 Million/day CN¥- CN¥28.05 Million ▲ +20 days
2022 139 days CN¥20.89 Billion CN¥150.55 Million/day CN¥- CN¥89.37 Million ▲ +115 days
2021 24 days CN¥2.29 Billion CN¥96.03 Million/day CN¥- CN¥429.95 Million ▼ -128 days
2020 152 days CN¥10.07 Billion CN¥66.43 Million/day CN¥- CN¥914.71 Million ▲ +103 days
2019 48 days CN¥2.59 Billion CN¥53.44 Million/day CN¥- CN¥1.73 Billion ▲ +26 days
2018 23 days CN¥911.03 Million CN¥40.36 Million/day CN¥- CN¥4.17 Million ▼ -129 days
2017 152 days CN¥8.43 Billion CN¥55.60 Million/day CN¥- CN¥5.63 Million ▲ +49 days
2016 103 days CN¥6.16 Billion CN¥60.09 Million/day CN¥- CN¥99.53 Million ▼ -11 days
2015 114 days CN¥811.67 Million CN¥7.13 Million/day CN¥- CN¥- ▼ -17 days
2014 131 days CN¥625.64 Million CN¥4.79 Million/day CN¥- CN¥- ▲ +27 days
2013 103 days CN¥435.09 Million CN¥4.22 Million/day CN¥- CN¥- ▲ +7 days
2012 96 days CN¥390.16 Million CN¥4.05 Million/day CN¥- CN¥- ▼ -73 days
2011 169 days CN¥466.54 Million CN¥2.76 Million/day CN¥- CN¥- ▼ -61 days
2010 230 days CN¥377.61 Million CN¥1.64 Million/day CN¥- CN¥295.71K ▲ +23 days
2009 207 days CN¥291.98 Million CN¥1.41 Million/day CN¥- CN¥4.03 Million ▲ +92 days
2008 114 days CN¥105.19 Million CN¥919.76K/day CN¥- CN¥- ▼ -13 days
2007 127 days CN¥76.80 Million CN¥604.07K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)