Anhui Expressway Company Limited (HU7) — Defensive Interval Ratio

Latest as of June 2023: 40 days

Anhui Expressway Company Limited (HU7) has a Defensive Interval Ratio of 40 days as of June 2023. Defensive assets of €263.59 Million (cash €-, short-term investments €-, receivables €263.59 Million) cover 40 days of daily cash needs of €6.58 Million/day.

Defensive Interval Ratio

40 days
Days of operational coverage

Defensive Assets

€263.59 Million
Cash + ST Investments + Receivables

Daily Cash Need

€6.58 Million
Current Liabilities ÷ 365

Current Liabilities

€2.40 Billion
EUR

Anhui Expressway Company Limited Defensive Interval Ratio (2013–2021)

This chart shows how Anhui Expressway Company Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at 40 days, meaning defensive assets of €263.59 Million can fund 40 days of operations without new revenue. For the complete balance sheet picture, see HU7 total assets.

Annual Defensive Interval Ratio for Anhui Expressway Company Limited (2013–2021)

The table below presents the year-by-year Defensive Interval Ratio for Anhui Expressway Company Limited from 2013 to 2021, covering 9 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 Anhui Expressway Company Limited current assets vs equity 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)
2021 19 days €143.91 Million €7.66 Million/day €- €- ▼ -361 days
2020 379 days €2.29 Billion €6.05 Million/day €- €1.10 Billion ▲ +272 days
2019 107 days €617.61 Million €5.76 Million/day €- €422.32 Million ▲ +68 days
2018 40 days €155.01 Million €3.92 Million/day €- €- ▼ -111 days
2017 151 days €502.42 Million €3.33 Million/day €- €- ▲ +51 days
2016 100 days €259.90 Million €2.59 Million/day €- €- ▼ -6 days
2015 106 days €310.70 Million €2.93 Million/day €- €- ▲ +50 days
2014 56 days €193.17 Million €3.48 Million/day €- €- ▲ +1 days
2013 55 days €440.17 Million €8.00 Million/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)