QBE Insurance Group Ltd (QBE) — Defensive Interval Ratio
QBE Insurance Group Ltd (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. Check QBE Insurance Group Ltd (QBE) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
QBE Insurance Group Ltd Defensive Interval Ratio (1988–2023)
This chart shows how QBE Insurance Group Ltd'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$1.45 Billion can fund 19 days of operations without new revenue. Also explore net asset growth rate of QBE Insurance Group Ltd to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for QBE Insurance Group Ltd (1988–2023)
The table below presents the year-by-year Defensive Interval Ratio for QBE Insurance Group Ltd from 1988 to 2023, covering 34 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see QBE Insurance Group Ltd market capitalisation.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | -171 days | AU$-13.30 Billion | AU$77.61 Million/day | AU$1.35 Billion | AU$-15.17 Billion | ▼ -271 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 | ▼ -13950 days |
| 2014 | 14010 days | AU$15.41 Billion | AU$1.10 Million/day | AU$- | AU$11.33 Billion | ▲ +7981 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 | — |