National Bank of Greece S.A (ETE) — Defensive Interval Ratio

Latest as of June 2023: 16 days

National Bank of Greece S.A (ETE) has a Defensive Interval Ratio of 16 days as of June 2023. Defensive assets of €2.65 Billion (cash €-, short-term investments €-, receivables €2.65 Billion) cover 16 days of daily cash needs of €161.87 Million/day.

Defensive Interval Ratio

16 days
Days of operational coverage

Defensive Assets

€2.65 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€161.87 Million
Current Liabilities ÷ 365

Current Liabilities

€59.08 Billion
EUR

National Bank of Greece S.A Defensive Interval Ratio (2014–2022)

This chart shows how National Bank of Greece S.A's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 16 days, meaning defensive assets of €2.65 Billion can fund 16 days of operations without new revenue. For the complete balance sheet picture, see ETE total assets.

Annual Defensive Interval Ratio for National Bank of Greece S.A (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for National Bank of Greece S.A from 2014 to 2022, 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 working capital to net assets of National Bank of Greece S.A to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 7 days €1.14 Billion €162.63 Million/day €- €- ▼ -17 days
2021 24 days €4.22 Billion €172.60 Million/day €- €- ▲ +2 days
2020 23 days €3.62 Billion €159.31 Million/day €- €- ▲ +2 days
2019 21 days €3.04 Billion €143.84 Million/day €- €- ▲ +7 days
2018 14 days €2.08 Billion €149.93 Million/day €- €- ▼ -1 days
2017 14 days €2.04 Billion €141.86 Million/day €- €- ▼ -2 days
2016 16 days €2.37 Billion €148.08 Million/day €- €- ▲ +3 days
2015 13 days €2.66 Billion €197.44 Million/day €- €- ▼ -2 days
2014 15 days €3.34 Billion €216.73 Million/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)