Assured Guaranty Ltd (DHU) — Defensive Interval Ratio

Latest as of June 2023: 934 days

Assured Guaranty Ltd (DHU) has a Defensive Interval Ratio of 934 days as of June 2023. Defensive assets of €9.86 Billion (cash €-, short-term investments €8.14 Billion, receivables €1.72 Billion) cover 934 days of daily cash needs of €10.55 Million/day.

Defensive Interval Ratio

934 days
Days of operational coverage

Defensive Assets

€9.86 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€10.55 Million
Current Liabilities ÷ 365

Current Liabilities

€3.85 Billion
EUR

Assured Guaranty Ltd Defensive Interval Ratio (2013–2022)

This chart shows how Assured Guaranty Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 934 days, meaning defensive assets of €9.86 Billion can fund 934 days of operations without new revenue. For the complete balance sheet picture, see Assured Guaranty Ltd balance sheet assets.

Annual Defensive Interval Ratio for Assured Guaranty Ltd (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Assured Guaranty Ltd from 2013 to 2022, 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 DHU working capital efficiency 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)
2022 875 days €9.48 Billion €10.83 Million/day €- €7.93 Billion ▼ -49 days
2021 925 days €11.60 Billion €12.55 Million/day €- €9.43 Billion ▼ -115 days
2020 1040 days €11.99 Billion €11.53 Million/day €- €9.62 Billion ▼ -87 days
2019 1126 days €12.21 Billion €10.84 Million/day €- €10.12 Billion ▼ -66 days
2018 1192 days €12.23 Billion €10.26 Million/day €- €10.82 Billion ▼ -49 days
2017 1241 days €12.81 Billion €10.32 Million/day €- €11.30 Billion ▲ +161 days
2016 1081 days €11.78 Billion €10.90 Million/day €- €10.82 Billion ▲ +979 days
2015 102 days €1.25 Billion €12.31 Million/day €- €396.00 Million ▼ -11 days
2014 113 days €1.65 Billion €14.62 Million/day €- €767.00 Million ▲ +3 days
2013 109 days €1.97 Billion €18.01 Million/day €- €904.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)