Essent Group Ltd. (EG0) — Defensive Interval Ratio

Latest as of June 2023: 3710 days

Essent Group Ltd. (EG0) has a Defensive Interval Ratio of 3710 days as of June 2023. Defensive assets of €5.08 Billion (cash €-, short-term investments €5.02 Billion, receivables €62.69 Million) cover 3710 days of daily cash needs of €1.37 Million/day. Check EG0 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

3710 days
Days of operational coverage

Defensive Assets

€5.08 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€1.37 Million
Current Liabilities ÷ 365

Current Liabilities

€500.23 Million
EUR

Essent Group Ltd. Defensive Interval Ratio (2018–2022)

This chart shows how Essent Group Ltd.'s Defensive Interval Ratio has evolved across 5 annual periods from 2018 to 2022. As of June 2023, the ratio stands at 3710 days, meaning defensive assets of €5.08 Billion can fund 3710 days of operations without new revenue. Also explore Essent Group Ltd. annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Essent Group Ltd. (2018–2022)

The table below presents the year-by-year Defensive Interval Ratio for Essent Group Ltd. from 2018 to 2022, covering 5 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 how much is Essent Group Ltd. worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 5567 days €4.79 Billion €860.00K/day €- €4.74 Billion ▲ +2898 days
2021 2669 days €5.01 Billion €1.88 Million/day €- €4.96 Billion ▲ +270 days
2020 2399 days €4.62 Billion €1.92 Million/day €- €4.57 Billion ▼ -680 days
2019 3078 days €3.39 Billion €1.10 Million/day €- €3.35 Billion ▲ +447 days
2018 2632 days €2.80 Billion €1.06 Million/day €- €2.76 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)