PICC Property and Casualty Company Limited (PJC) — Defensive Interval Ratio

Latest as of June 2023: 819 days

PICC Property and Casualty Company Limited (PJC) has a Defensive Interval Ratio of 819 days as of June 2023. Defensive assets of €166.92 Billion (cash €-, short-term investments €165.68 Billion, receivables €1.25 Billion) cover 819 days of daily cash needs of €203.72 Million/day. See PICC Property and Casualty Company Limit short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

819 days
Days of operational coverage

Defensive Assets

€166.92 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€203.72 Million
Current Liabilities ÷ 365

Current Liabilities

€74.36 Billion
EUR

PICC Property and Casualty Company Limited Defensive Interval Ratio (2013–2021)

This chart shows how PICC Property and Casualty Company Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at 819 days, meaning defensive assets of €166.92 Billion can fund 819 days of operations without new revenue. See PICC Property and Casualty Company Limit balance sheet quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for PICC Property and Casualty Company Limited (2013–2021)

The table below presents the year-by-year Defensive Interval Ratio for PICC Property and Casualty Company Limited from 2013 to 2021, 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 PJC stock market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 74 days €58.64 Billion €794.85 Million/day €- €- ▲ +2 days
2020 72 days €52.68 Billion €734.38 Million/day €- €- ▲ +19 days
2019 53 days €36.52 Billion €693.00 Million/day €- €- ▼ -15 days
2018 67 days €45.12 Billion €668.51 Million/day €- €17.29 Billion ▲ +4 days
2017 64 days €38.73 Billion €606.92 Million/day €- €20.08 Billion ▲ +30 days
2016 34 days €18.08 Billion €528.10 Million/day €- €5.49 Billion ▼ -3 days
2015 37 days €17.61 Billion €476.09 Million/day €- €9.59 Billion ▲ +10 days
2014 27 days €10.67 Billion €402.56 Million/day €- €4.81 Billion ▲ +5 days
2013 21 days €8.29 Billion €389.53 Million/day €- €2.86 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)