Thai Oil PCL (LQZ) — Defensive Interval Ratio

Latest as of March 2026: 129 days

Thai Oil PCL (LQZ) has a Defensive Interval Ratio of 129 days as of March 2026. Defensive assets of €41.77 Billion (cash €-, short-term investments €3.16 Billion, receivables €38.61 Billion) cover 129 days of daily cash needs of €322.90 Million/day.

Defensive Interval Ratio

129 days
Days of operational coverage

Defensive Assets

€41.77 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€322.90 Million
Current Liabilities ÷ 365

Current Liabilities

€117.86 Billion
EUR

Thai Oil PCL Defensive Interval Ratio (2018–2025)

This chart shows how Thai Oil PCL's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of March 2026, the ratio stands at 129 days, meaning defensive assets of €41.77 Billion can fund 129 days of operations without new revenue. For the complete balance sheet picture, see LQZ total assets.

Annual Defensive Interval Ratio for Thai Oil PCL (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for Thai Oil PCL from 2018 to 2025, covering 8 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 working capital to net assets of Thai Oil PCL to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 120 days €29.72 Billion €247.64 Million/day €- €6.03 Billion ▼ -87 days
2024 207 days €38.30 Billion €185.38 Million/day €- €10.70 Billion ▲ +22 days
2023 184 days €37.10 Billion €201.37 Million/day €- €5.94 Billion ▲ +83 days
2022 101 days €28.76 Billion €284.04 Million/day €- €51.71K ▼ -121 days
2021 222 days €23.41 Billion €105.41 Million/day €- €51.56K ▼ -171 days
2020 393 days €30.81 Billion €78.41 Million/day €- €18.11 Billion ▲ +164 days
2019 229 days €24.22 Billion €105.94 Million/day €- €1.76 Billion ▼ -708 days
2018 937 days €97.58 Billion €104.16 Million/day €- €73.22 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)