AXIS Capital Holdings Limited (AXV) — Defensive Interval Ratio

Latest as of March 2023: 266 days

AXIS Capital Holdings Limited (AXV) has a Defensive Interval Ratio of 266 days as of March 2023. Defensive assets of €14.82 Billion (cash €-, short-term investments €11.70 Billion, receivables €3.13 Billion) cover 266 days of daily cash needs of €55.63 Million/day.

Defensive Interval Ratio

266 days
Days of operational coverage

Defensive Assets

€14.82 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€55.63 Million
Current Liabilities ÷ 365

Current Liabilities

€20.30 Billion
EUR

AXIS Capital Holdings Limited Defensive Interval Ratio (2013–2022)

This chart shows how AXIS Capital Holdings Limited's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of March 2023, the ratio stands at 266 days, meaning defensive assets of €14.82 Billion can fund 266 days of operations without new revenue. For the complete balance sheet picture, see AXIS Capital Holdings Limited assets under control.

Annual Defensive Interval Ratio for AXIS Capital Holdings Limited (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for AXIS Capital Holdings Limited from 2013 to 2022, covering 10 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 AXIS Capital Holdings Limited'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)
2022 865 days €20.50 Billion €23.69 Million/day €- €11.40 Billion ▲ +469 days
2021 396 days €20.63 Billion €52.10 Million/day €- €12.34 Billion ▼ -8 days
2020 404 days €19.87 Billion €49.19 Million/day €- €12.20 Billion ▲ +62 days
2019 342 days €15.61 Billion €45.67 Million/day €- €12.51 Billion ▲ +13 days
2018 328 days €14.62 Billion €44.51 Million/day €- €11.58 Billion ▼ -24 days
2017 353 days €16.37 Billion €46.40 Million/day €- €13.34 Billion ▼ -57 days
2016 410 days €14.49 Billion €35.33 Million/day €- €12.16 Billion ▲ +351 days
2015 59 days €2.03 Billion €34.16 Million/day €- €34.41 Million ▲ +4 days
2014 56 days €1.92 Billion €34.41 Million/day €- €107.53 Million ▲ +4 days
2013 52 days €1.74 Billion €33.70 Million/day €- €46.21 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)