China Reinsurance (Group) Corporation (C53) — Defensive Interval Ratio

Latest as of June 2023: 933 days

China Reinsurance (Group) Corporation (C53) has a Defensive Interval Ratio of 933 days as of June 2023. Defensive assets of €128.77 Billion (cash €-, short-term investments €128.28 Billion, receivables €493.68 Million) cover 933 days of daily cash needs of €137.99 Million/day. Check tangible equity quality of China Reinsurance (Group) Corporation to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

933 days
Days of operational coverage

Defensive Assets

€128.77 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€137.99 Million
Current Liabilities ÷ 365

Current Liabilities

€50.37 Billion
EUR

China Reinsurance (Group) Corporation Defensive Interval Ratio (2016–2022)

This chart shows how China Reinsurance (Group) Corporation's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of June 2023, the ratio stands at 933 days, meaning defensive assets of €128.77 Billion can fund 933 days of operations without new revenue. Also explore C53 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for China Reinsurance (Group) Corporation (2016–2022)

The table below presents the year-by-year Defensive Interval Ratio for China Reinsurance (Group) Corporation 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 market value of China Reinsurance (Group) Corporation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 891 days €193.36 Billion €217.12 Million/day €- €193.18 Billion ▲ +372 days
2021 519 days €248.85 Billion €479.54 Million/day €- €177.77 Billion ▲ +2 days
2020 517 days €236.21 Billion €456.81 Million/day €- €163.65 Billion ▲ +195 days
2019 322 days €132.16 Billion €409.90 Million/day €- €117.40 Billion ▲ +26 days
2018 297 days €103.04 Billion €347.41 Million/day €- €91.98 Billion ▼ -47 days
2017 343 days €83.32 Billion €242.74 Million/day €- €78.95 Billion ▲ +334 days
2016 9 days €2.13 Billion €225.71 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)