High-Tek Harness Enterprise Co Ltd (3202) — Defensive Interval Ratio

Latest as of September 2024: 283 days

High-Tek Harness Enterprise Co Ltd (3202) has a Defensive Interval Ratio of 283 days as of September 2024. Defensive assets of NT$2.37 Billion (cash NT$-, short-term investments NT$37.83 Million, receivables NT$2.33 Billion) cover 283 days of daily cash needs of NT$8.35 Million/day.

Defensive Interval Ratio

283 days
Days of operational coverage

Defensive Assets

NT$2.37 Billion
Cash + ST Investments + Receivables

Daily Cash Need

NT$8.35 Million
Current Liabilities ÷ 365

Current Liabilities

NT$3.05 Billion
TWD

High-Tek Harness Enterprise Co Ltd Defensive Interval Ratio (2017–2023)

This chart shows how High-Tek Harness Enterprise Co Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of September 2024, the ratio stands at 283 days, meaning defensive assets of NT$2.37 Billion can fund 283 days of operations without new revenue. For the complete balance sheet picture, see 3202 asset base.

Annual Defensive Interval Ratio for High-Tek Harness Enterprise Co Ltd (2017–2023)

The table below presents the year-by-year Defensive Interval Ratio for High-Tek Harness Enterprise Co Ltd from 2017 to 2023, 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 High-Tek Harness Enterprise Co Ltd (3202) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (TWD) Daily Cash Need Cash ST Investments Change (days)
2023 346 days NT$2.44 Billion NT$7.03 Million/day NT$- NT$52.72 Million ▲ +52 days
2022 295 days NT$1.85 Billion NT$6.27 Million/day NT$- NT$38.28 Million ▼ -106 days
2021 400 days NT$2.09 Billion NT$5.23 Million/day NT$- NT$210.00K ▲ +111 days
2020 289 days NT$1.64 Billion NT$5.69 Million/day NT$- NT$600.00K ▲ +45 days
2019 244 days NT$1.03 Billion NT$4.22 Million/day NT$- NT$- ▲ +63 days
2018 182 days NT$946.07 Million NT$5.21 Million/day NT$- NT$207.00K ▼ -35 days
2017 216 days NT$770.66 Million NT$3.56 Million/day NT$- NT$5.23 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)