Ideal Bike (8933) — Defensive Interval Ratio

Latest as of September 2025: 51 days

Ideal Bike (8933) has a Defensive Interval Ratio of 51 days as of September 2025. Defensive assets of NT$234.52 Million (cash NT$-, short-term investments NT$62.19 Million, receivables NT$172.33 Million) cover 51 days of daily cash needs of NT$4.60 Million/day. Check 8933 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

51 days
Days of operational coverage

Defensive Assets

NT$234.52 Million
Cash + ST Investments + Receivables

Daily Cash Need

NT$4.60 Million
Current Liabilities ÷ 365

Current Liabilities

NT$1.68 Billion
TWD

Ideal Bike Defensive Interval Ratio (2017–2024)

This chart shows how Ideal Bike's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 51 days, meaning defensive assets of NT$234.52 Million can fund 51 days of operations without new revenue. Also explore Ideal Bike annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ideal Bike (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Ideal Bike from 2017 to 2024, covering 8 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 8933 market cap overview.

Year DIR (days) Defensive Assets (TWD) Daily Cash Need Cash ST Investments Change (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)