QBE Insurance Group Limited (QBE) — Defensive Interval Ratio

Latest as of December 2023: 19 days

QBE Insurance Group Limited (QBE) has a Defensive Interval Ratio of 19 days as of December 2023. Defensive assets of AU$1.45 Billion (cash AU$1.37 Billion, short-term investments AU$-432.93 Million, receivables AU$519.00 Million) cover 19 days of daily cash needs of AU$77.61 Million/day. See QBE Insurance Group Limited short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

19 days
Days of operational coverage

Defensive Assets

AU$1.45 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AU$77.61 Million
Current Liabilities ÷ 365

Current Liabilities

AU$28.33 Billion
AUD

QBE Insurance Group Limited Defensive Interval Ratio (1988–2023)

This chart shows how QBE Insurance Group Limited's Defensive Interval Ratio has evolved across 34 annual periods from 1988 to 2023. As of December 2023, the ratio stands at 19 days, meaning defensive assets of AU$1.45 Billion can fund 19 days of operations without new revenue. See debt-free asset ratio of QBE Insurance Group Limited to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for QBE Insurance Group Limited (1988–2023)

The table below presents the year-by-year Defensive Interval Ratio for QBE Insurance Group Limited from 1988 to 2023, covering 34 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 QBE stock market capitalisation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2023 -68 days AU$-5.27 Billion AU$77.61 Million/day AU$1.35 Billion AU$-15.17 Billion ▼ -168 days
2021 100 days AU$5.73 Billion AU$57.57 Million/day AU$805.00 Million AU$-222.86 Million ▲ +10 days
2020 90 days AU$4.89 Billion AU$54.33 Million/day AU$753.00 Million AU$-173.84 Million ▲ +10 days
2019 80 days AU$3.62 Billion AU$45.34 Million/day AU$534.00 Million AU$-162.57 Million ▲ +9 days
2018 71 days AU$4.55 Billion AU$64.37 Million/day AU$818.00 Million AU$-280.59 Million ▲ +6 days
2017 65 days AU$4.20 Billion AU$65.03 Million/day AU$542.00 Million AU$-122.71 Million ▼ -8 days
2016 72 days AU$4.06 Billion AU$56.17 Million/day AU$817.00 Million AU$-232.40 Million ▲ +12 days
2015 60 days AU$3.43 Billion AU$56.91 Million/day AU$- AU$-180.66 Million ▼ -17711 days
2014 17771 days AU$19.55 Billion AU$1.10 Million/day AU$- AU$11.33 Billion ▲ +11743 days
2013 6029 days AU$19.49 Billion AU$3.23 Million/day AU$- AU$14.35 Billion ▲ +2197 days
2012 3831 days AU$25.19 Billion AU$6.57 Million/day AU$- AU$15.97 Billion ▲ +822 days
2011 3009 days AU$19.66 Billion AU$6.53 Million/day AU$- AU$11.28 Billion ▲ +245 days
2010 2764 days AU$17.98 Billion AU$6.51 Million/day AU$- AU$10.01 Billion ▼ -45 days
2009 2808 days AU$15.04 Billion AU$5.35 Million/day AU$- AU$11.17 Billion ▲ +283 days
2008 2525 days AU$14.48 Billion AU$5.74 Million/day AU$- AU$10.92 Billion ▲ +1502 days
2007 1023 days AU$5.50 Billion AU$5.37 Million/day AU$- AU$1.45 Billion ▼ -3406 days
2006 4429 days AU$11.75 Billion AU$2.65 Million/day AU$- AU$8.69 Billion ▼ -472 days
2005 4901 days AU$12.16 Billion AU$2.48 Million/day AU$- AU$5.07 Billion ▲ +1258 days
2004 3643 days AU$6.51 Billion AU$1.79 Million/day AU$- AU$4.03 Billion ▲ +1506 days
2003 2137 days AU$4.23 Billion AU$1.98 Million/day AU$- AU$1.97 Billion ▲ +1629 days
2002 508 days AU$3.26 Billion AU$6.43 Million/day AU$- AU$1.43 Billion ▲ +10 days
2001 498 days AU$2.93 Billion AU$5.89 Million/day AU$- AU$1.14 Billion ▲ +327 days
1999 171 days AU$1.85 Billion AU$10.80 Million/day AU$- AU$500.28 Million ▼ -354 days
1998 525 days AU$1.69 Billion AU$3.21 Million/day AU$- AU$802.58 Million ▲ +212 days
1997 313 days AU$804.12 Million AU$2.57 Million/day AU$- AU$68.47 Million ▼ -194 days
1996 507 days AU$1.28 Billion AU$2.52 Million/day AU$- AU$561.13 Million ▲ +242 days
1995 265 days AU$427.88 Million AU$1.62 Million/day AU$- AU$24.05 Million ▲ +8 days
1994 257 days AU$381.64 Million AU$1.48 Million/day AU$- AU$17.16 Million ▲ +12 days
1993 245 days AU$325.89 Million AU$1.33 Million/day AU$- AU$16.44 Million ▼ -821 days
1992 1066 days AU$280.96 Million AU$263.55K/day AU$- AU$14.75 Million ▼ -2538 days
1991 3604 days AU$379.61 Million AU$105.34K/day AU$- AU$141.15 Million ▲ +1972 days
1990 1631 days AU$276.43 Million AU$169.45K/day AU$- AU$14.27 Million ▲ +192 days
1989 1440 days AU$197.71 Million AU$137.33K/day AU$- AU$15.14 Million ▲ +368 days
1988 1072 days AU$162.85 Million AU$151.90K/day AU$- AU$12.52 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)