China Merchants Bank Co. Ltd (M4B) — Defensive Interval Ratio

Latest as of March 2022: 6 days

China Merchants Bank Co. Ltd (M4B) has a Defensive Interval Ratio of 6 days as of March 2022. Defensive assets of €120.67 Billion (cash €-, short-term investments €-, receivables €120.67 Billion) cover 6 days of daily cash needs of €20.71 Billion/day. Check how tangible is China Merchants Bank Co. Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

€120.67 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€20.71 Billion
Current Liabilities ÷ 365

Current Liabilities

€7.56 Trillion
EUR

China Merchants Bank Co. Ltd Defensive Interval Ratio (2013–2020)

This chart shows how China Merchants Bank Co. Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2013 to 2020. As of March 2022, the ratio stands at 6 days, meaning defensive assets of €120.67 Billion can fund 6 days of operations without new revenue. Also explore China Merchants Bank Co. Ltd (M4B) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for China Merchants Bank Co. Ltd (2013–2020)

The table below presents the year-by-year Defensive Interval Ratio for China Merchants Bank Co. Ltd from 2013 to 2020, covering 8 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 M4B company net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2020 0 days €340.00 Million €18.85 Billion/day €- €- ▼ -10 days
2019 10 days €158.82 Billion €16.53 Billion/day €- €158.51 Billion ▼ -5 days
2018 15 days €217.41 Billion €14.74 Billion/day €- €217.09 Billion ▼ -5 days
2017 20 days €272.44 Billion €13.63 Billion/day €- €272.14 Billion ▼ -11 days
2016 31 days €412.16 Billion €13.29 Billion/day €- €411.83 Billion ▲ +1 days
2015 30 days €391.50 Billion €12.98 Billion/day €- €391.14 Billion ▼ -6 days
2014 36 days €410.85 Billion €11.52 Billion/day €- €410.49 Billion ▲ +2 days
2013 34 days €329.75 Billion €9.73 Billion/day €- €329.39 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)