Piraeus Financial Holdings S.A (TPEIR) — Defensive Interval Ratio

Latest as of September 2022: 6 days

Piraeus Financial Holdings S.A (TPEIR) has a Defensive Interval Ratio of 6 days as of September 2022. Defensive assets of €1.21 Billion (cash €-, short-term investments €-, receivables €1.21 Billion) cover 6 days of daily cash needs of €196.52 Million/day.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

€1.21 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€196.52 Million
Current Liabilities ÷ 365

Current Liabilities

€71.73 Billion
EUR

Piraeus Financial Holdings S.A Defensive Interval Ratio (2014–2021)

This chart shows how Piraeus Financial Holdings S.A's Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2021. As of September 2022, the ratio stands at 6 days, meaning defensive assets of €1.21 Billion can fund 6 days of operations without new revenue. For the complete balance sheet picture, see Piraeus Financial Holdings S.A (TPEIR) total assets.

Annual Defensive Interval Ratio for Piraeus Financial Holdings S.A (2014–2021)

The table below presents the year-by-year Defensive Interval Ratio for Piraeus Financial Holdings S.A from 2014 to 2021, 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. See Piraeus Financial Holdings S.A current assets vs equity 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)
2021 5 days €924.00 Million €194.71 Million/day €- €- ▼ -2 days
2020 6 days €1.09 Billion €169.27 Million/day €- €- ▼ -2 days
2019 8 days €1.16 Billion €140.56 Million/day €- €- ▼ -1 days
2018 9 days €1.29 Billion €144.11 Million/day €- €203.00 Million ▼ -2 days
2017 11 days €1.71 Billion €154.26 Million/day €- €942.00 Million ▲ +4 days
2016 7 days €1.34 Billion €192.58 Million/day €- €67.56 Million ▲ +0 days
2015 7 days €1.37 Billion €208.76 Million/day €- €39.92 Million ▲ +0 days
2014 6 days €1.42 Billion €217.84 Million/day €- €193.34 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)