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. Check Close Brothers Group plc tangible book value ratio to evaluate the tangible quality of the company's equity base.
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. Also explore net asset momentum of Close Brothers Group plc to track the company's year-over-year net asset growth rate.
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. For live market cap and the full company financial profile, see market value 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 | €- | €- | — |