National Australia Bank Limited (NAL) — Defensive Interval Ratio

Latest as of March 2023: 69 days

National Australia Bank Limited (NAL) has a Defensive Interval Ratio of 69 days as of March 2023. Defensive assets of €138.69 Billion (cash €-, short-term investments €-, receivables €138.69 Billion) cover 69 days of daily cash needs of €2.00 Billion/day.

Defensive Interval Ratio

69 days
Days of operational coverage

Defensive Assets

€138.69 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€2.00 Billion
Current Liabilities ÷ 365

Current Liabilities

€730.62 Billion
EUR

National Australia Bank Limited Defensive Interval Ratio (2014–2022)

This chart shows how National Australia Bank Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of March 2023, the ratio stands at 69 days, meaning defensive assets of €138.69 Billion can fund 69 days of operations without new revenue. For the complete balance sheet picture, see NAL asset base.

Annual Defensive Interval Ratio for National Australia Bank Limited (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for National Australia Bank Limited from 2014 to 2022, 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 NAL working capital ratio 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)
2022 19 days €44.70 Billion €2.33 Billion/day €- €44.14 Billion ▼ -4 days
2021 23 days €45.43 Billion €1.94 Billion/day €- €44.67 Billion ▼ -2 days
2020 25 days €45.17 Billion €1.78 Billion/day €- €44.22 Billion ▼ -3 days
2019 29 days €49.56 Billion €1.74 Billion/day €- €40.55 Billion ▼ -7 days
2018 36 days €58.80 Billion €1.65 Billion/day €- €52.10 Billion ▼ -3 days
2017 39 days €63.23 Billion €1.62 Billion/day €- €58.10 Billion ▼ -6 days
2016 45 days €72.87 Billion €1.63 Billion/day €- €62.19 Billion ▲ +25 days
2015 19 days €33.66 Billion €1.74 Billion/day €- €23.29 Billion ▼ -9 days
2014 28 days €46.67 Billion €1.66 Billion/day €- €34.19 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)