Headway (1776) — Defensive Interval Ratio

Latest as of March 2026: 428 days

Headway (1776) has a Defensive Interval Ratio of 428 days as of March 2026. Defensive assets of NT$390.73 Million (cash NT$-, short-term investments NT$153.33 Million, receivables NT$237.40 Million) cover 428 days of daily cash needs of NT$912.20K/day. See 1776 net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

428 days
Days of operational coverage

Defensive Assets

NT$390.73 Million
Cash + ST Investments + Receivables

Daily Cash Need

NT$912.20K
Current Liabilities ÷ 365

Current Liabilities

NT$332.95 Million
TWD

Headway Defensive Interval Ratio (2009–2025)

This chart shows how Headway's Defensive Interval Ratio has evolved across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at 428 days, meaning defensive assets of NT$390.73 Million can fund 428 days of operations without new revenue. See Headway (1776) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Headway (2009–2025)

The table below presents the year-by-year Defensive Interval Ratio for Headway from 2009 to 2025, covering 17 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 1776 market cap overview.

Year DIR (days) Defensive Assets (TWD) Daily Cash Need Cash ST Investments Change (days)
2025 407 days NT$360.04 Million NT$884.10K/day NT$- NT$127.10 Million ▼ -110 days
2024 517 days NT$482.16 Million NT$932.46K/day NT$- NT$148.64 Million ▲ +79 days
2023 438 days NT$467.74 Million NT$1.07 Million/day NT$- NT$98.11 Million ▲ +81 days
2022 357 days NT$469.85 Million NT$1.32 Million/day NT$- NT$160.15 Million ▼ -69 days
2021 426 days NT$518.96 Million NT$1.22 Million/day NT$- NT$161.48 Million ▲ +23 days
2020 403 days NT$595.05 Million NT$1.48 Million/day NT$- NT$183.68 Million ▲ +109 days
2019 294 days NT$488.04 Million NT$1.66 Million/day NT$- NT$72.19 Million ▼ -18 days
2018 312 days NT$531.60 Million NT$1.70 Million/day NT$- NT$92.34 Million ▼ -44 days
2017 356 days NT$637.66 Million NT$1.79 Million/day NT$- NT$112.96 Million ▼ -41 days
2016 397 days NT$613.96 Million NT$1.55 Million/day NT$- NT$112.66 Million ▲ +0 days
2015 397 days NT$626.61 Million NT$1.58 Million/day NT$- NT$34.35 Million ▲ +6 days
2014 391 days NT$703.08 Million NT$1.80 Million/day NT$- NT$65.89 Million ▼ 0 days
2013 391 days NT$640.16 Million NT$1.64 Million/day NT$- NT$36.80 Million ▲ +32 days
2012 359 days NT$638.40 Million NT$1.78 Million/day NT$- NT$61.62 Million ▼ -23 days
2011 382 days NT$689.22 Million NT$1.81 Million/day NT$- NT$42.14 Million ▲ +110 days
2010 272 days NT$648.33 Million NT$2.38 Million/day NT$- NT$52.47 Million ▼ -31 days
2009 303 days NT$550.97 Million NT$1.82 Million/day NT$- NT$10.44 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)