Bank of Chongqing Co Ltd (CQN) — Defensive Interval Ratio

Latest as of June 2023: 33 days

Bank of Chongqing Co Ltd (CQN) has a Defensive Interval Ratio of 33 days as of June 2023. Defensive assets of €40.22 Billion (cash €-, short-term investments €-, receivables €40.22 Billion) cover 33 days of daily cash needs of €1.21 Billion/day. Check how tangible is Bank of Chongqing Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

33 days
Days of operational coverage

Defensive Assets

€40.22 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€1.21 Billion
Current Liabilities ÷ 365

Current Liabilities

€440.41 Billion
EUR

Bank of Chongqing Co Ltd Defensive Interval Ratio (2016–2021)

This chart shows how Bank of Chongqing Co Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of June 2023, the ratio stands at 33 days, meaning defensive assets of €40.22 Billion can fund 33 days of operations without new revenue. Also explore CQN shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Bank of Chongqing Co Ltd (2016–2021)

The table below presents the year-by-year Defensive Interval Ratio for Bank of Chongqing Co Ltd from 2016 to 2021, covering 6 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 CQN company net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 29 days €38.24 Billion €1.31 Billion/day €- €- ▼ -10 days
2020 40 days €49.12 Billion €1.24 Billion/day €- €- ▼ -12 days
2019 52 days €58.61 Billion €1.13 Billion/day €- €- ▲ +3 days
2018 49 days €50.91 Billion €1.04 Billion/day €- €- ▲ +22 days
2017 27 days €27.42 Billion €1.02 Billion/day €- €- ▲ +26 days
2016 1 days €902.48 Million €926.72 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)