BBVA Banco Frances SA (BBAR) — Defensive Interval Ratio

Latest as of June 2023: 6 days

BBVA Banco Frances SA (BBAR) has a Defensive Interval Ratio of 6 days as of June 2023. Defensive assets of AR$35.64 Billion (cash AR$-, short-term investments AR$-, receivables AR$35.64 Billion) cover 6 days of daily cash needs of AR$5.88 Billion/day. Check BBAR tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

AR$35.64 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AR$5.88 Billion
Current Liabilities ÷ 365

Current Liabilities

AR$2.15 Trillion
ARS

BBVA Banco Frances SA Defensive Interval Ratio (2017–2021)

This chart shows how BBVA Banco Frances SA's Defensive Interval Ratio has evolved across 5 annual periods from 2017 to 2021. As of June 2023, the ratio stands at 6 days, meaning defensive assets of AR$35.64 Billion can fund 6 days of operations without new revenue. Also explore BBAR net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for BBVA Banco Frances SA (2017–2021)

The table below presents the year-by-year Defensive Interval Ratio for BBVA Banco Frances SA from 2017 to 2021, covering 5 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 BBAR company net worth.

Year DIR (days) Defensive Assets (ARS) Daily Cash Need Cash ST Investments Change (days)
2021 80 days AR$167.08 Billion AR$2.09 Billion/day AR$- AR$167.08 Billion ▲ +14 days
2020 65 days AR$138.46 Billion AR$2.12 Billion/day AR$- AR$127.57 Billion ▲ +24 days
2019 41 days AR$49.65 Billion AR$1.20 Billion/day AR$- AR$45.21 Billion ▲ +18 days
2018 23 days AR$27.26 Billion AR$1.19 Billion/day AR$- AR$24.56 Billion ▲ +21 days
2017 2 days AR$1.07 Billion AR$662.76 Million/day AR$- AR$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)