China Communications Services Corporation Limited (CMW) — Defensive Interval Ratio

Latest as of December 2025: 121 days

China Communications Services Corporation Limited (CMW) has a Defensive Interval Ratio of 121 days as of December 2025. Defensive assets of €28.36 Billion (cash €-, short-term investments €3.98 Billion, receivables €24.38 Billion) cover 121 days of daily cash needs of €234.52 Million/day. See CMW working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

121 days
Days of operational coverage

Defensive Assets

€28.36 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€234.52 Million
Current Liabilities ÷ 365

Current Liabilities

€85.60 Billion
EUR

China Communications Services Corporation Limited Defensive Interval Ratio (2013–2025)

This chart shows how China Communications Services Corporation Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 121 days, meaning defensive assets of €28.36 Billion can fund 121 days of operations without new revenue. See China Communications Services Corporatio net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for China Communications Services Corporation Limited (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for China Communications Services Corporation Limited from 2013 to 2025, covering 13 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 CMW market cap overview.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 121 days €28.36 Billion €234.52 Million/day €- €3.98 Billion ▼ -15 days
2024 136 days €32.81 Billion €240.97 Million/day €- €6.30 Billion ▼ -19 days
2023 155 days €32.44 Billion €208.89 Million/day €- €6.67 Billion ▲ +31 days
2022 125 days €22.76 Billion €182.45 Million/day €- €2.45 Billion ▼ -19 days
2021 143 days €22.91 Billion €159.76 Million/day €- €3.36 Billion ▼ -7 days
2020 150 days €22.71 Billion €151.31 Million/day €- €3.10 Billion ▼ -158 days
2019 308 days €42.77 Billion €138.86 Million/day €- €4.57 Billion ▼ -13 days
2018 321 days €41.11 Billion €128.03 Million/day €- €5.05 Billion ▲ +27 days
2017 294 days €33.46 Billion €113.88 Million/day €- €1.26 Billion ▼ -32 days
2016 326 days €30.86 Billion €94.72 Million/day €- €- ▼ -7 days
2015 332 days €28.95 Billion €87.09 Million/day €- €- ▼ -39 days
2014 372 days €28.91 Billion €77.75 Million/day €- €- ▼ -11 days
2013 383 days €27.03 Billion €70.52 Million/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)