GF Securities Co. Ltd (9GF) — Defensive Interval Ratio

Latest as of September 2023: 16 days

GF Securities Co. Ltd (9GF) has a Defensive Interval Ratio of 16 days as of September 2023. Defensive assets of €11.77 Billion (cash €-, short-term investments €-, receivables €11.77 Billion) cover 16 days of daily cash needs of €721.75 Million/day.

Defensive Interval Ratio

16 days
Days of operational coverage

Defensive Assets

€11.77 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€721.75 Million
Current Liabilities ÷ 365

Current Liabilities

€263.44 Billion
EUR

GF Securities Co. Ltd Defensive Interval Ratio (2016–2021)

This chart shows how GF Securities Co. Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of September 2023, the ratio stands at 16 days, meaning defensive assets of €11.77 Billion can fund 16 days of operations without new revenue. For the complete balance sheet picture, see 9GF total assets.

Annual Defensive Interval Ratio for GF Securities Co. Ltd (2016–2021)

The table below presents the year-by-year Defensive Interval Ratio for GF Securities 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. See how liquid is GF Securities Co. Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 146 days €101.06 Billion €690.92 Million/day €- €- ▼ -31 days
2020 177 days €90.62 Billion €511.27 Million/day €- €- ▲ +20 days
2019 158 days €60.17 Billion €381.53 Million/day €- €- ▲ +36 days
2018 122 days €51.77 Billion €424.27 Million/day €- €- ▼ -62 days
2017 184 days €73.16 Billion €398.03 Million/day €- €- ▲ +44 days
2016 140 days €67.42 Billion €480.57 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)