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. Check Ping An Insurance (Group) Company of Chi (PZX) tangible equity ratio to evaluate the tangible quality of 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. Also explore Ping An Insurance (Group) Company of Chi equity growth rate to track the company's year-over-year net asset growth rate.

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 market value of Ping An Insurance (Group) Company of Chi.

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)