Industrial and Commercial Bank of China Limited (ICK) — Defensive Interval Ratio

Latest as of June 2023: 0 days

Industrial and Commercial Bank of China Limited (ICK) has a Defensive Interval Ratio of 0 days as of June 2023. Defensive assets of €19.54 Billion (cash €-, short-term investments €-, receivables €19.54 Billion) cover 0 days of daily cash needs of €105.17 Billion/day. See ICK net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

€19.54 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€105.17 Billion
Current Liabilities ÷ 365

Current Liabilities

€38.39 Trillion
EUR

Industrial and Commercial Bank of China Limited Defensive Interval Ratio (2014–2020)

This chart shows how Industrial and Commercial Bank of China Limited's Defensive Interval Ratio has evolved across 7 annual periods from 2014 to 2020. As of June 2023, the ratio stands at 0 days, meaning defensive assets of €19.54 Billion can fund 0 days of operations without new revenue. See how leveraged is Industrial and Commercial Bank of China 's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Industrial and Commercial Bank of China Limited (2014–2020)

The table below presents the year-by-year Defensive Interval Ratio for Industrial and Commercial Bank of China Limited from 2014 to 2020, covering 7 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 ICK company net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2020 0 days €26.64 Billion €80.22 Billion/day €- €- ▼ -23 days
2019 23 days €1.66 Trillion €71.48 Billion/day €- €845.19 Billion ▲ +5 days
2018 18 days €1.21 Trillion €66.51 Billion/day €- €1.18 Trillion ▼ -4 days
2017 22 days €1.37 Trillion €63.05 Billion/day €- €1.35 Trillion ▲ +1 days
2016 21 days €1.22 Trillion €57.78 Billion/day €- €1.03 Trillion ▼ -4 days
2015 25 days €1.32 Trillion €53.50 Billion/day €- €1.23 Trillion ▲ +10 days
2014 14 days €712.38 Billion €49.95 Billion/day €- €701.82 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)