New Horizon Group Ltd (NERZ) — Defensive Interval Ratio
New Horizon Group Ltd (NERZ) has a Defensive Interval Ratio of 0 days as of December 2020. Defensive assets of ILA5.00K (cash ILA-, short-term investments ILA-, receivables ILA5.00K) cover 0 days of daily cash needs of ILA62.41K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
New Horizon Group Ltd Defensive Interval Ratio (2013–2020)
This chart shows how New Horizon Group Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2013 to 2020. As of December 2020, the ratio stands at 0 days, meaning defensive assets of ILA5.00K can fund 0 days of operations without new revenue. For the complete balance sheet picture, see total assets of New Horizon Group Ltd.
Annual Defensive Interval Ratio for New Horizon Group Ltd (2013–2020)
The table below presents the year-by-year Defensive Interval Ratio for New Horizon Group Ltd from 2013 to 2020, covering 7 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 New Horizon Group Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (ILA) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2020 | 0 days | ILA5.00K | ILA62.41K/day | ILA- | ILA- | ▼ -1 days |
| 2019 | 1 days | ILA52.00K | ILA60.00K/day | ILA- | ILA- | ▲ +1 days |
| 2018 | 0 days | ILA10.00K | ILA64.18K/day | ILA- | ILA- | ▲ +0 days |
| 2017 | 0 days | ILA1.00K | ILA56.48K/day | ILA- | ILA- | ▼ -4 days |
| 2015 | 4 days | ILA177.00K | ILA40.15K/day | ILA- | ILA- | ▼ -1 days |
| 2014 | 6 days | ILA262.00K | ILA46.94K/day | ILA- | ILA- | ▼ -46 days |
| 2013 | 52 days | ILA3.42 Million | ILA66.30K/day | ILA- | ILA2.92 Million | — |