TTY Biopharm Co Ltd (4105) — Defensive Interval Ratio

Latest as of March 2026: 185 days

TTY Biopharm Co Ltd (4105) has a Defensive Interval Ratio of 185 days as of March 2026. Defensive assets of NT$1.84 Billion (cash NT$-, short-term investments NT$509.60 Million, receivables NT$1.33 Billion) cover 185 days of daily cash needs of NT$9.92 Million/day.

Defensive Interval Ratio

185 days
Days of operational coverage

Defensive Assets

NT$1.84 Billion
Cash + ST Investments + Receivables

Daily Cash Need

NT$9.92 Million
Current Liabilities ÷ 365

Current Liabilities

NT$3.62 Billion
TWD

TTY Biopharm Co Ltd Defensive Interval Ratio (2017–2025)

This chart shows how TTY Biopharm Co Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 185 days, meaning defensive assets of NT$1.84 Billion can fund 185 days of operations without new revenue. For the complete balance sheet picture, see 4105 total asset value.

Annual Defensive Interval Ratio for TTY Biopharm Co Ltd (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for TTY Biopharm Co Ltd from 2017 to 2025, covering 9 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 TTY Biopharm Co Ltd (4105) liquidity to equity 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)
2025 271 days NT$1.96 Billion NT$7.23 Million/day NT$- NT$467.74 Million ▲ +62 days
2024 209 days NT$1.64 Billion NT$7.84 Million/day NT$- NT$309.01 Million ▼ -24 days
2023 233 days NT$1.65 Billion NT$7.08 Million/day NT$- NT$195.54 Million ▲ +28 days
2022 204 days NT$1.63 Billion NT$7.99 Million/day NT$- NT$326.86 Million ▲ +16 days
2021 188 days NT$1.57 Billion NT$8.36 Million/day NT$- NT$372.65 Million ▼ -21 days
2020 209 days NT$1.46 Billion NT$6.98 Million/day NT$- NT$342.40 Million ▲ +16 days
2019 193 days NT$1.60 Billion NT$8.29 Million/day NT$- NT$482.62 Million ▼ -85 days
2018 278 days NT$1.50 Billion NT$5.40 Million/day NT$- NT$530.83 Million ▼ -95 days
2017 373 days NT$2.84 Billion NT$7.62 Million/day NT$- NT$1.77 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)