Ping An Insurance (Group) Company of China Ltd (PZX) — Defensive Interval Ratio

Latest as of June 2023: 169 days

Ping An Insurance (Group) Company of China Ltd (PZX) has a Defensive Interval Ratio of 169 days as of June 2023. Defensive assets of €973.33 Billion (cash €-, short-term investments €-, receivables €973.33 Billion) cover 169 days of daily cash needs of €5.77 Billion/day. See Ping An Insurance (Group) Company of Chi (PZX) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

169 days
Days of operational coverage

Defensive Assets

€973.33 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€5.77 Billion
Current Liabilities ÷ 365

Current Liabilities

€2.11 Trillion
EUR

Ping An Insurance (Group) Company of China Ltd Defensive Interval Ratio (2013–2022)

This chart shows how Ping An Insurance (Group) Company of China Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 169 days, meaning defensive assets of €973.33 Billion can fund 169 days of operations without new revenue. See PZX net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Ping An Insurance (Group) Company of China Ltd (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Ping An Insurance (Group) Company of China 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 Ping An Insurance (Group) Company of Chi (PZX) total market value.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 37 days €222.98 Billion €5.99 Billion/day €- €- ▼ -30 days
2021 68 days €350.29 Billion €5.18 Billion/day €- €- ▲ +5 days
2020 63 days €354.29 Billion €5.62 Billion/day €- €- ▼ -77 days
2019 140 days €578.45 Billion €4.14 Billion/day €- €96.46 Billion ▲ +80 days
2018 60 days €309.57 Billion €5.16 Billion/day €- €92.95 Billion ▼ -212 days
2017 272 days €1.22 Trillion €4.47 Billion/day €- €775.10 Billion ▲ +65 days
2016 207 days €841.55 Billion €4.07 Billion/day €- €537.24 Billion ▲ +67 days
2015 140 days €372.20 Billion €2.66 Billion/day €- €142.05 Billion ▼ -34 days
2014 174 days €351.52 Billion €2.03 Billion/day €- €197.18 Billion ▼ -36 days
2013 209 days €389.39 Billion €1.86 Billion/day €- €298.08 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)