Banco Bradesco DRC (BBD) — Defensive Interval Ratio

Latest as of September 2023: 44 days

Banco Bradesco DRC (BBD) has a Defensive Interval Ratio of 44 days as of September 2023. Defensive assets of AR$156.74 Billion (cash AR$-, short-term investments AR$150.11 Billion, receivables AR$6.63 Billion) cover 44 days of daily cash needs of AR$3.59 Billion/day. Check Banco Bradesco DRC (BBD) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

44 days
Days of operational coverage

Defensive Assets

AR$156.74 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AR$3.59 Billion
Current Liabilities ÷ 365

Current Liabilities

AR$1.31 Trillion
ARS

Banco Bradesco DRC Defensive Interval Ratio (2017–2022)

This chart shows how Banco Bradesco DRC's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of September 2023, the ratio stands at 44 days, meaning defensive assets of AR$156.74 Billion can fund 44 days of operations without new revenue. Also explore net asset growth rate of Banco Bradesco DRC to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Banco Bradesco DRC (2017–2022)

The table below presents the year-by-year Defensive Interval Ratio for Banco Bradesco DRC from 2017 to 2022, covering 6 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 Banco Bradesco DRC (BBD) market capitalisation.

Year DIR (days) Defensive Assets (ARS) Daily Cash Need Cash ST Investments Change (days)
2022 80 days AR$217.63 Billion AR$2.71 Billion/day AR$- AR$215.59 Billion ▼ -3 days
2021 84 days AR$194.92 Billion AR$2.33 Billion/day AR$- AR$193.52 Billion ▲ +8 days
2020 75 days AR$186.60 Billion AR$2.48 Billion/day AR$- AR$185.84 Billion ▼ -31 days
2019 106 days AR$197.46 Billion AR$1.87 Billion/day AR$- AR$192.45 Billion ▲ +4 days
2018 102 days AR$183.18 Billion AR$1.80 Billion/day AR$- AR$178.05 Billion ▲ +8 days
2017 94 days AR$167.65 Billion AR$1.78 Billion/day AR$- AR$159.41 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)