Commonwealth Bank of Australia (CWW) — Defensive Interval Ratio

Latest as of June 2023: 2 days

Commonwealth Bank of Australia (CWW) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of €6.08 Billion (cash €-, short-term investments €-, receivables €6.08 Billion) cover 2 days of daily cash needs of €2.50 Billion/day.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

€6.08 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€2.50 Billion
Current Liabilities ÷ 365

Current Liabilities

€912.92 Billion
EUR

Commonwealth Bank of Australia Defensive Interval Ratio (2014–2023)

This chart shows how Commonwealth Bank of Australia's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of June 2023, the ratio stands at 2 days, meaning defensive assets of €6.08 Billion can fund 2 days of operations without new revenue. For the complete balance sheet picture, see Commonwealth Bank of Australia (CWW) total assets.

Annual Defensive Interval Ratio for Commonwealth Bank of Australia (2014–2023)

The table below presents the year-by-year Defensive Interval Ratio for Commonwealth Bank of Australia 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 Commonwealth Bank of Australia working capital to net assets 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 2 days €6.08 Billion €2.50 Billion/day €- €- ▲ +2 days
2022 1 days €1.46 Billion €2.66 Billion/day €- €- ▼ 0 days
2021 1 days €2.15 Billion €2.31 Billion/day €- €- ▼ -11 days
2020 11 days €25.05 Billion €2.19 Billion/day €- €22.03 Billion ▼ -1 days
2019 12 days €24.73 Billion €2.03 Billion/day €- €18.65 Billion ▲ +7 days
2018 5 days €10.92 Billion €2.04 Billion/day €- €209.00 Million ▲ +4 days
2017 1 days €2.75 Billion €2.02 Billion/day €- €1.11 Billion ▼ -5 days
2016 7 days €13.07 Billion €1.95 Billion/day €- €1.48 Billion ▼ -9 days
2015 16 days €28.25 Billion €1.81 Billion/day €- €26.70 Billion ▲ +5 days
2014 10 days €17.05 Billion €1.65 Billion/day €- €15.17 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)