Banco Bradesco S.A (BREC) — Defensive Interval Ratio

Latest as of September 2023: 44 days

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

Defensive Interval Ratio

44 days
Days of operational coverage

Defensive Assets

€156.74 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€3.59 Billion
Current Liabilities ÷ 365

Current Liabilities

€1.31 Trillion
EUR

Banco Bradesco S.A Defensive Interval Ratio (2016–2022)

This chart shows how Banco Bradesco S.A's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of September 2023, the ratio stands at 44 days, meaning defensive assets of €156.74 Billion can fund 44 days of operations without new revenue. Also explore Banco Bradesco S.A net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Banco Bradesco S.A (2016–2022)

The table below presents the year-by-year Defensive Interval Ratio for Banco Bradesco S.A from 2016 to 2022, covering 7 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 S.A (BREC) market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 80 days €217.63 Billion €2.71 Billion/day €- €215.59 Billion ▼ -3 days
2021 84 days €194.92 Billion €2.33 Billion/day €- €193.52 Billion ▲ +8 days
2020 75 days €186.60 Billion €2.48 Billion/day €- €185.84 Billion ▼ -31 days
2019 106 days €197.46 Billion €1.87 Billion/day €- €192.45 Billion ▲ +4 days
2018 102 days €183.18 Billion €1.80 Billion/day €- €178.05 Billion ▲ +8 days
2017 94 days €167.65 Billion €1.78 Billion/day €- €159.41 Billion ▲ +91 days
2016 3 days €5.54 Billion €1.75 Billion/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)