China Minsheng Banking Corp. Ltd (GHFH) — Defensive Interval Ratio

Latest as of June 2023: 0 days

China Minsheng Banking Corp. Ltd (GHFH) has a Defensive Interval Ratio of 0 days as of June 2023. Defensive assets of €8.71 Billion (cash €-, short-term investments €-, receivables €8.71 Billion) cover 0 days of daily cash needs of €18.48 Billion/day. See working capital position of China Minsheng Banking Corp. Ltd to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

€8.71 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€18.48 Billion
Current Liabilities ÷ 365

Current Liabilities

€6.75 Trillion
EUR

China Minsheng Banking Corp. Ltd Defensive Interval Ratio (2013–2022)

This chart shows how China Minsheng Banking Corp. Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 0 days, meaning defensive assets of €8.71 Billion can fund 0 days of operations without new revenue. See GHFH net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for China Minsheng Banking Corp. Ltd (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for China Minsheng Banking Corp. 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. For live market cap and the full company financial profile, see China Minsheng Banking Corp. Ltd market cap and net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 6 days €88.70 Billion €15.66 Billion/day €- €- ▲ +5 days
2021 1 days €11.97 Billion €16.73 Billion/day €- €- ▼ 0 days
2020 1 days €13.10 Billion €16.93 Billion/day €- €- ▼ -1 days
2019 1 days €22.75 Billion €16.14 Billion/day €- €- ▼ -17 days
2018 18 days €265.00 Billion €14.44 Billion/day €- €242.89 Billion ▲ +3 days
2017 15 days €217.69 Billion €14.40 Billion/day €- €185.63 Billion ▼ -16 days
2016 31 days €455.25 Billion €14.73 Billion/day €- €276.74 Billion ▼ -43 days
2015 74 days €823.10 Billion €11.06 Billion/day €- €779.22 Billion ▼ -14 days
2014 89 days €876.74 Billion €9.89 Billion/day €- €830.01 Billion ▲ +4 days
2013 85 days €672.30 Billion €7.92 Billion/day €- €633.76 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)