Close Brothers Group plc (CS3) — Defensive Interval Ratio
Close Brothers Group plc (CS3) has a Defensive Interval Ratio of 3 days as of July 2023. Defensive assets of €89.10 Million (cash €-, short-term investments €-, receivables €89.10 Million) cover 3 days of daily cash needs of €26.24 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Close Brothers Group plc Defensive Interval Ratio (2014–2023)
This chart shows how Close Brothers Group plc's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of July 2023, the ratio stands at 3 days, meaning defensive assets of €89.10 Million can fund 3 days of operations without new revenue. For the complete balance sheet picture, see CS3 asset base.
Annual Defensive Interval Ratio for Close Brothers Group plc (2014–2023)
The table below presents the year-by-year Defensive Interval Ratio for Close Brothers Group plc from 2014 to 2023, covering 10 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 CS3 net 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) |
|---|---|---|---|---|---|---|
| 2023 | 3 days | €89.10 Million | €26.24 Million/day | €- | €- | ▼ -1 days |
| 2022 | 4 days | €101.70 Million | €24.73 Million/day | €- | €- | ▼ 0 days |
| 2021 | 4 days | €95.70 Million | €22.13 Million/day | €- | €- | ▼ 0 days |
| 2020 | 4 days | €95.80 Million | €21.91 Million/day | €- | €- | ▼ -11 days |
| 2019 | 16 days | €290.70 Million | €18.51 Million/day | €- | €240.70 Million | ▲ +3 days |
| 2018 | 13 days | €250.50 Million | €19.12 Million/day | €- | €250.50 Million | ▲ +0 days |
| 2017 | 13 days | €221.40 Million | €17.03 Million/day | €- | €180.30 Million | ▲ +0 days |
| 2016 | 13 days | €235.60 Million | €18.28 Million/day | €- | €201.00 Million | ▲ +3 days |
| 2015 | 10 days | €149.60 Million | €14.75 Million/day | €- | €115.30 Million | ▲ +7 days |
| 2014 | 3 days | €49.20 Million | €15.58 Million/day | €- | €- | — |