CITIC Securities Company Limited (CI9) — Defensive Interval Ratio

Latest as of June 2023: 85 days

CITIC Securities Company Limited (CI9) has a Defensive Interval Ratio of 85 days as of June 2023. Defensive assets of €180.03 Billion (cash €-, short-term investments €-, receivables €180.03 Billion) cover 85 days of daily cash needs of €2.11 Billion/day.

Defensive Interval Ratio

85 days
Days of operational coverage

Defensive Assets

€180.03 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€2.11 Billion
Current Liabilities ÷ 365

Current Liabilities

€769.21 Billion
EUR

CITIC Securities Company Limited Defensive Interval Ratio (2014–2021)

This chart shows how CITIC Securities Company Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2021. As of June 2023, the ratio stands at 85 days, meaning defensive assets of €180.03 Billion can fund 85 days of operations without new revenue. For the complete balance sheet picture, see CITIC Securities Company Limited balance sheet assets.

Annual Defensive Interval Ratio for CITIC Securities Company Limited (2014–2021)

The table below presents the year-by-year Defensive Interval Ratio for CITIC Securities Company Limited from 2014 to 2021, covering 8 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 CITIC Securities Company Limited (CI9) working capital ratio 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 74 days €165.52 Billion €2.25 Billion/day €- €- ▼ -12 days
2020 86 days €158.14 Billion €1.84 Billion/day €- €- ▼ -115 days
2019 201 days €254.84 Billion €1.27 Billion/day €- €154.25 Billion ▼ -48 days
2018 249 days €228.30 Billion €916.82 Million/day €- €141.66 Billion ▼ -84 days
2017 333 days €284.06 Billion €852.60 Million/day €- €184.07 Billion ▲ +59 days
2016 275 days €252.96 Billion €921.09 Million/day €- €160.17 Billion ▲ +17 days
2015 258 days €246.59 Billion €957.18 Million/day €- €152.91 Billion ▲ +1 days
2014 257 days €214.60 Billion €836.03 Million/day €- €118.87 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)