New China Life Insurance Company Ltd (NCL) — Defensive Interval Ratio
New China Life Insurance Company Ltd (NCL) has a Defensive Interval Ratio of 15 days as of June 2023. Defensive assets of €2.47 Billion (cash €-, short-term investments €-, receivables €2.47 Billion) cover 15 days of daily cash needs of €167.62 Million/day. Check New China Life Insurance Company Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
New China Life Insurance Company Ltd Defensive Interval Ratio (2013–2022)
This chart shows how New China Life Insurance Company Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 15 days, meaning defensive assets of €2.47 Billion can fund 15 days of operations without new revenue. Also explore how fast is New China Life Insurance Company Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for New China Life Insurance Company Ltd (2013–2022)
The table below presents the year-by-year Defensive Interval Ratio for New China Life Insurance Company 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 New China Life Insurance Company Ltd market cap and net worth.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 2100 days | €382.68 Billion | €182.25 Million/day | €- | €375.65 Billion | ▲ +228 days |
| 2021 | 1872 days | €410.27 Billion | €219.14 Million/day | €- | €403.43 Billion | ▼ -394 days |
| 2020 | 2266 days | €432.68 Billion | €190.92 Million/day | €- | €426.70 Billion | ▲ +1136 days |
| 2019 | 1130 days | €389.77 Billion | €344.82 Million/day | €- | €387.30 Billion | ▼ -374 days |
| 2018 | 1504 days | €303.50 Billion | €201.78 Million/day | €- | €300.95 Billion | ▼ -186 days |
| 2017 | 1690 days | €323.00 Billion | €191.08 Million/day | €- | €320.38 Billion | ▲ +384 days |
| 2016 | 1306 days | €285.30 Billion | €218.47 Million/day | €- | €283.31 Billion | ▲ +974 days |
| 2015 | 332 days | €55.20 Billion | €166.40 Million/day | €- | €52.77 Billion | ▲ +135 days |
| 2014 | 196 days | €45.04 Billion | €229.27 Million/day | €- | €42.98 Billion | ▲ +163 days |
| 2013 | 33 days | €6.33 Billion | €191.79 Million/day | €- | €4.53 Billion | — |