HD Renewable Energy Co. Ltd. (6873) — Defensive Interval Ratio

Latest as of December 2024: 201 days

HD Renewable Energy Co. Ltd. (6873) has a Defensive Interval Ratio of 201 days as of December 2024. Defensive assets of NT$3.59 Billion (cash NT$-, short-term investments NT$1.32 Million, receivables NT$3.59 Billion) cover 201 days of daily cash needs of NT$17.88 Million/day. Check HD Renewable Energy Co. Ltd. (6873) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

201 days
Days of operational coverage

Defensive Assets

NT$3.59 Billion
Cash + ST Investments + Receivables

Daily Cash Need

NT$17.88 Million
Current Liabilities ÷ 365

Current Liabilities

NT$6.53 Billion
TWD

HD Renewable Energy Co. Ltd. Defensive Interval Ratio (2018–2024)

This chart shows how HD Renewable Energy Co. Ltd.'s Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of December 2024, the ratio stands at 201 days, meaning defensive assets of NT$3.59 Billion can fund 201 days of operations without new revenue. Also explore net asset growth rate of HD Renewable Energy Co. Ltd. to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for HD Renewable Energy Co. Ltd. (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for HD Renewable Energy Co. Ltd. from 2018 to 2024, 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. For live market cap and the full company financial profile, see 6873 company net worth.

Year DIR (days) Defensive Assets (TWD) Daily Cash Need Cash ST Investments Change (days)
2024 201 days NT$3.59 Billion NT$17.88 Million/day NT$- NT$1.32 Million ▼ -110 days
2023 311 days NT$3.58 Billion NT$11.49 Million/day NT$- NT$1.00 Million ▲ +207 days
2022 104 days NT$697.24 Million NT$6.68 Million/day NT$- NT$- ▼ -118 days
2021 222 days NT$839.04 Million NT$3.78 Million/day NT$- NT$- ▲ +30 days
2020 193 days NT$521.33 Million NT$2.71 Million/day NT$- NT$- ▼ -26 days
2019 218 days NT$258.27 Million NT$1.18 Million/day NT$- NT$- ▼ -170 days
2018 389 days NT$205.41 Million NT$528.53K/day NT$- NT$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)