The People's Insurance Company (Group) of China Limited (PIR) — Defensive Interval Ratio

Latest as of June 2023: 1038 days

The People's Insurance Company (Group) of China Limited (PIR) has a Defensive Interval Ratio of 1038 days as of June 2023. Defensive assets of €396.56 Billion (cash €-, short-term investments €394.69 Billion, receivables €1.87 Billion) cover 1038 days of daily cash needs of €381.91 Million/day. See working capital to net assets of The People's Insurance Company (Group) o to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1038 days
Days of operational coverage

Defensive Assets

€396.56 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€381.91 Million
Current Liabilities ÷ 365

Current Liabilities

€139.40 Billion
EUR

The People's Insurance Company (Group) of China Limited Defensive Interval Ratio (2014–2022)

This chart shows how The People's Insurance Company (Group) of China Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of June 2023, the ratio stands at 1038 days, meaning defensive assets of €396.56 Billion can fund 1038 days of operations without new revenue. See The People's Insurance Company (Group) o (PIR) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for The People's Insurance Company (Group) of China Limited (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for The People's Insurance Company (Group) of China 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. For live market cap and the full company financial profile, see PIR market cap overview.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 483 days €835.83 Billion €1.73 Billion/day €- €755.98 Billion ▼ -27 days
2021 510 days €760.66 Billion €1.49 Billion/day €- €699.45 Billion ▲ +471 days
2020 39 days €55.10 Billion €1.43 Billion/day €- €- ▲ +7 days
2019 31 days €40.65 Billion €1.31 Billion/day €- €- ▼ -14 days
2018 45 days €54.36 Billion €1.20 Billion/day €- €23.05 Billion ▼ -12 days
2017 57 days €63.32 Billion €1.11 Billion/day €- €43.29 Billion ▲ +16 days
2016 41 days €41.68 Billion €1.02 Billion/day €- €6.92 Billion ▼ -2 days
2015 43 days €38.03 Billion €886.90 Million/day €- €15.86 Billion ▲ +12 days
2014 31 days €24.77 Billion €809.52 Million/day €- €5.64 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)