Kina Securities Ltd (KSL) — Defensive Interval Ratio

Latest as of December 2024: 309 days

Kina Securities Ltd (KSL) has a Defensive Interval Ratio of 309 days as of December 2024. Defensive assets of AU$3.68 Billion (cash AU$762.09 Million, short-term investments AU$35.81 Million, receivables AU$2.88 Billion) cover 309 days of daily cash needs of AU$11.92 Million/day. Check Kina Securities Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

309 days
Days of operational coverage

Defensive Assets

AU$3.68 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AU$11.92 Million
Current Liabilities ÷ 365

Current Liabilities

AU$4.35 Billion
AUD

Kina Securities Ltd Defensive Interval Ratio (2014–2024)

This chart shows how Kina Securities Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of December 2024, the ratio stands at 309 days, meaning defensive assets of AU$3.68 Billion can fund 309 days of operations without new revenue. Also explore net asset growth rate of Kina Securities Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Kina Securities Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Kina Securities Ltd from 2014 to 2024, 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 market cap of Kina Securities Ltd.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 309 days AU$3.68 Billion AU$11.92 Million/day AU$762.09 Million AU$35.81 Million ▼ -15613 days
2023 15921 days AU$3.83 Billion AU$240.53K/day AU$1.24 Billion AU$30.94 Million ▲ +15602 days
2022 319 days AU$3.39 Billion AU$10.63 Million/day AU$1.22 Billion AU$15.26 Million ▲ +222 days
2021 97 days AU$807.04 Million AU$8.33 Million/day AU$795.36 Million AU$11.65 Million ▼ -16 days
2020 113 days AU$797.47 Million AU$7.07 Million/day AU$647.87 Million AU$10.68 Million ▼ -2 days
2019 115 days AU$781.71 Million AU$6.79 Million/day AU$722.09 Million AU$7.64 Million ▲ +68 days
2018 47 days AU$435.93 Million AU$9.18 Million/day AU$396.15 Million AU$12.27 Million ▲ +12 days
2017 35 days AU$240.18 Million AU$6.85 Million/day AU$190.87 Million AU$11.37 Million ▼ -39 days
2016 74 days AU$445.58 Million AU$6.02 Million/day AU$208.10 Million AU$229.93 Million ▲ +72 days
2015 2 days AU$9.94 Million AU$4.12 Million/day AU$- AU$8.88 Million ▲ +0 days
2014 2 days AU$2.85 Million AU$1.32 Million/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)