Ideal Bike (8933) — Defensive Interval Ratio

Latest as of December 2025: 47 days

Ideal Bike (8933) has a Defensive Interval Ratio of 47 days as of December 2025. Defensive assets of NT$210.14 Million (cash NT$-, short-term investments NT$60.84 Million, receivables NT$149.29 Million) cover 47 days of daily cash needs of NT$4.46 Million/day. See working capital position of Ideal Bike to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

47 days

Days of operational coverage

Defensive Assets

NT$210.14 Million

Cash + ST Investments + Receivables

Daily Cash Need

NT$4.46 Million

Current Liabilities ÷ 365

Current Liabilities

NT$1.63 Billion

TWD

Ideal Bike Defensive Interval Ratio (2017–2025)

This chart shows how Ideal Bike's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 47 days, meaning defensive assets of NT$210.14 Million can fund 47 days of operations without new revenue. See 8933 equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Ideal Bike (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ideal Bike 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. For live market cap and the full company financial profile, see Ideal Bike stock valuation.

Year	DIR (days)	Defensive Assets (TWD)	Daily Cash Need	Cash	ST Investments	Change (days)
2025	47 days	NT$210.14 Million	NT$4.46 Million/day	NT$-	NT$60.84 Million	▼ -50 days
2024	97 days	NT$529.57 Million	NT$5.48 Million/day	NT$-	NT$60.62 Million	▲ +9 days
2023	88 days	NT$669.49 Million	NT$7.59 Million/day	NT$-	NT$20.85 Million	▼ -81 days
2022	169 days	NT$1.57 Billion	NT$9.29 Million/day	NT$-	NT$13.88 Million	▲ +54 days
2021	115 days	NT$884.38 Million	NT$7.71 Million/day	NT$-	NT$21.60 Million	▼ -21 days
2020	136 days	NT$913.35 Million	NT$6.74 Million/day	NT$-	NT$26.94 Million	▼ -19 days
2019	155 days	NT$963.56 Million	NT$6.22 Million/day	NT$-	NT$14.54 Million	▲ +8 days
2018	147 days	NT$1.17 Billion	NT$7.97 Million/day	NT$-	NT$23.31 Million	▼ -168 days
2017	315 days	NT$2.36 Billion	NT$7.47 Million/day	NT$-	NT$20.84 Million	—

DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)