Close Brothers Group plc Defensive Interval Ratio
Close Brothers Group plc 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. See Close Brothers Group plc (CS3) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Close Brothers Group plc (2014–2023)
Defensive interval ratio of Close Brothers Group plc from 2014 to 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. Check CS3 asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Close Brothers Group plc Defensive Interval Ratio by Year (2014–2023)
Close Brothers Group plc defensive interval ratio by year from 2014 to 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. For the complete balance sheet picture, see balance sheet size of Close Brothers Group plc.
| 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 | €- | €- | — |