China Life Insurance Company Limited (CHL) — Defensive Interval Ratio

Latest as of September 2023: 1836 days

China Life Insurance Company Limited (CHL) has a Defensive Interval Ratio of 1836 days as of September 2023. Defensive assets of €2.11 Trillion (cash €-, short-term investments €2.04 Trillion, receivables €67.21 Billion) cover 1836 days of daily cash needs of €1.15 Billion/day. Check CHL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1836 days
Days of operational coverage

Defensive Assets

€2.11 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

€1.15 Billion
Current Liabilities ÷ 365

Current Liabilities

€419.61 Billion
EUR

China Life Insurance Company Limited Defensive Interval Ratio (2013–2021)

This chart shows how China Life Insurance Company Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of September 2023, the ratio stands at 1836 days, meaning defensive assets of €2.11 Trillion can fund 1836 days of operations without new revenue. Also explore CHL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for China Life Insurance Company Limited (2013–2021)

The table below presents the year-by-year Defensive Interval Ratio for China Life Insurance Company Limited from 2013 to 2021, covering 9 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 China Life Insurance Company Limited (CHL) total market value.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 999 days €1.46 Trillion €1.46 Billion/day €- €1.43 Trillion ▲ +121 days
2020 878 days €1.24 Trillion €1.42 Billion/day €- €1.22 Trillion ▲ +83 days
2019 795 days €1.08 Trillion €1.36 Billion/day €- €1.06 Trillion ▲ +167 days
2018 628 days €899.24 Billion €1.43 Billion/day €- €870.53 Billion ▼ -122 days
2017 750 days €843.13 Billion €1.12 Billion/day €- €810.73 Billion ▲ +97 days
2016 653 days €783.37 Billion €1.20 Billion/day €- €766.42 Billion ▲ +619 days
2015 35 days €39.09 Billion €1.12 Billion/day €- €21.50 Billion ▲ +0 days
2014 35 days €28.54 Billion €824.28 Million/day €- €11.92 Billion ▲ +2 days
2013 32 days €19.25 Billion €598.61 Million/day €- €8.29 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)