Grand Baoxin Auto Group Limited (6BA) — Defensive Interval Ratio

Latest as of June 2024: 37 days

Grand Baoxin Auto Group Limited (6BA) has a Defensive Interval Ratio of 37 days as of June 2024. Defensive assets of €1.00 Billion (cash €-, short-term investments €188.21 Million, receivables €813.46 Million) cover 37 days of daily cash needs of €26.88 Million/day. See 6BA working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

37 days
Days of operational coverage

Defensive Assets

€1.00 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€26.88 Million
Current Liabilities ÷ 365

Current Liabilities

€9.81 Billion
EUR

Grand Baoxin Auto Group Limited Defensive Interval Ratio (2013–2023)

This chart shows how Grand Baoxin Auto Group Limited's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of June 2024, the ratio stands at 37 days, meaning defensive assets of €1.00 Billion can fund 37 days of operations without new revenue. See Grand Baoxin Auto Group Limited (6BA) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Grand Baoxin Auto Group Limited (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for Grand Baoxin Auto Group Limited from 2013 to 2023, covering 11 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 Grand Baoxin Auto Group Limited market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 29 days €898.69 Million €31.35 Million/day €- €134.57 Million ▲ +13 days
2022 15 days €574.25 Million €37.27 Million/day €- €89.36 Million ▲ +6 days
2021 10 days €376.99 Million €39.56 Million/day €- €- ▼ -1 days
2020 10 days €406.72 Million €39.73 Million/day €- €- ▼ -176 days
2019 187 days €8.89 Billion €47.64 Million/day €- €- ▼ -11 days
2018 198 days €7.67 Billion €38.82 Million/day €- €- ▲ +4 days
2017 193 days €6.08 Billion €31.41 Million/day €- €- ▲ +27 days
2016 167 days €4.99 Billion €29.91 Million/day €- €12.05 Million ▲ +51 days
2015 115 days €4.12 Billion €35.73 Million/day €- €- ▼ -4 days
2014 119 days €3.69 Billion €30.92 Million/day €- €- ▲ +21 days
2013 98 days €3.03 Billion €30.92 Million/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)