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. Check High-Tek Harness Enterprise Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

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. Also explore 3202 net assets growth trend to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see 3202 market cap overview.

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)