Insurance Australia Group Limited (NRM) — Defensive Interval Ratio
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. Check Insurance Australia Group Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. Also explore NRM shareholders equity momentum to track the company's year-over-year net asset growth rate.
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 Insurance Australia Group Limited market capitalisation.
| 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 | €- | €- | — |