HIM International Music (8446) — Defensive Interval Ratio
HIM International Music (8446) has a Defensive Interval Ratio of 238 days as of December 2025. Defensive assets of NT$383.09 Million (cash NT$-, short-term investments NT$355.94 Million, receivables NT$27.15 Million) cover 238 days of daily cash needs of NT$1.61 Million/day. Check tangible net worth ratio of HIM International Music to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
HIM International Music Defensive Interval Ratio (2015–2025)
This chart shows how HIM International Music's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 238 days, meaning defensive assets of NT$383.09 Million can fund 238 days of operations without new revenue. Also explore 8446 net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for HIM International Music (2015–2025)
The table below presents the year-by-year Defensive Interval Ratio for HIM International Music from 2015 to 2025, covering 11 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 HIM International Music market capitalisation.
| Year | DIR (days) | Defensive Assets (TWD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 238 days | NT$383.09 Million | NT$1.61 Million/day | NT$- | NT$355.94 Million | ▼ -80 days |
| 2024 | 318 days | NT$564.63 Million | NT$1.78 Million/day | NT$- | NT$548.60 Million | ▲ +197 days |
| 2023 | 121 days | NT$425.06 Million | NT$3.52 Million/day | NT$- | NT$385.10 Million | ▼ -21 days |
| 2022 | 142 days | NT$515.63 Million | NT$3.62 Million/day | NT$- | NT$495.51 Million | ▼ -60 days |
| 2021 | 202 days | NT$807.62 Million | NT$4.00 Million/day | NT$- | NT$766.17 Million | ▲ +171 days |
| 2020 | 31 days | NT$115.90 Million | NT$3.77 Million/day | NT$- | NT$78.91 Million | ▼ -25 days |
| 2019 | 56 days | NT$156.25 Million | NT$2.80 Million/day | NT$- | NT$12.68 Million | ▼ -53 days |
| 2018 | 109 days | NT$261.96 Million | NT$2.41 Million/day | NT$- | NT$5.44 Million | ▲ +32 days |
| 2017 | 77 days | NT$221.76 Million | NT$2.88 Million/day | NT$- | NT$7.15 Million | ▲ +12 days |
| 2016 | 65 days | NT$170.80 Million | NT$2.64 Million/day | NT$- | NT$9.20 Million | ▲ +0 days |
| 2015 | 64 days | NT$76.98 Million | NT$1.20 Million/day | NT$- | NT$- | — |