Insurance Australia Group Limited (NRM) — Defensive Interval Ratio

Latest as of June 2023: 102 days

Insurance Australia Group Limited (NRM) has a Defensive Interval Ratio of 102 days as of June 2023. Defensive assets of €4.99 Billion (cash €-, short-term investments €-, receivables €4.99 Billion) cover 102 days of daily cash needs of €49.15 Million/day. See NRM net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

102 days
Days of operational coverage

Defensive Assets

€4.99 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€49.15 Million
Current Liabilities ÷ 365

Current Liabilities

€17.94 Billion
EUR

Insurance Australia Group Limited Defensive Interval Ratio (2014–2023)

This chart shows how Insurance Australia Group Limited's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of June 2023, the ratio stands at 102 days, meaning defensive assets of €4.99 Billion can fund 102 days of operations without new revenue. See how leveraged is Insurance Australia Group Limited's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Insurance Australia Group Limited (2014–2023)

The table below presents the year-by-year Defensive Interval Ratio for Insurance Australia Group Limited from 2014 to 2023, 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 NRM market cap overview.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 99 days €4.84 Billion €49.15 Million/day €- €- ▲ +11 days
2022 88 days €4.16 Billion €47.41 Million/day €- €- ▲ +1 days
2021 87 days €3.92 Billion €45.07 Million/day €- €- ▼ -10 days
2020 97 days €3.76 Billion €38.97 Million/day €- €- ▼ -7 days
2019 103 days €3.96 Billion €38.35 Million/day €- €- ▼ -40 days
2018 143 days €5.52 Billion €38.62 Million/day €- €1.73 Billion ▼ -7 days
2017 150 days €5.70 Billion €37.97 Million/day €- €2.09 Billion ▲ +35 days
2016 115 days €4.21 Billion €36.57 Million/day €- €841.00 Million ▲ +31 days
2015 84 days €3.41 Billion €40.44 Million/day €- €- ▼ -11 days
2014 95 days €3.46 Billion €36.47 Million/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)