Bank of Zhengzhou Co. Ltd (3BZ) — Defensive Interval Ratio

Latest as of June 2023: 1 days

Bank of Zhengzhou Co. Ltd (3BZ) has a Defensive Interval Ratio of 1 days as of June 2023. Defensive assets of €1.90 Billion (cash €-, short-term investments €-, receivables €1.90 Billion) cover 1 days of daily cash needs of €1.49 Billion/day. Check 3BZ goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

€1.90 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€1.49 Billion
Current Liabilities ÷ 365

Current Liabilities

€542.16 Billion
EUR

Bank of Zhengzhou Co. Ltd Defensive Interval Ratio (2016–2021)

This chart shows how Bank of Zhengzhou Co. Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of June 2023, the ratio stands at 1 days, meaning defensive assets of €1.90 Billion can fund 1 days of operations without new revenue. Also explore Bank of Zhengzhou Co. Ltd equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Bank of Zhengzhou Co. Ltd (2016–2021)

The table below presents the year-by-year Defensive Interval Ratio for Bank of Zhengzhou Co. Ltd from 2016 to 2021, 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 market value of Bank of Zhengzhou Co. Ltd.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 1 days €1.08 Billion €1.38 Billion/day €- €- ▲ +0 days
2020 0 days €563.91 Million €1.34 Billion/day €- €- ▲ +0 days
2019 0 days €453.21 Million €1.24 Billion/day €- €- ▲ +0 days
2018 0 days €406.23 Million €1.14 Billion/day €- €- ▲ +0 days
2017 0 days €353.72 Million €1.01 Billion/day €- €- ▲ +0 days
2016 0 days €201.31 Million €867.61 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)