RenaissanceRe Holdings Ltd (RRJ) — Defensive Interval Ratio

Latest as of March 2023: 162 days

RenaissanceRe Holdings Ltd (RRJ) has a Defensive Interval Ratio of 162 days as of March 2023. Defensive assets of €11.38 Billion (cash €-, short-term investments €5.18 Billion, receivables €6.20 Billion) cover 162 days of daily cash needs of €70.21 Million/day. Check RenaissanceRe Holdings Ltd (RRJ) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

162 days
Days of operational coverage

Defensive Assets

€11.38 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€70.21 Million
Current Liabilities ÷ 365

Current Liabilities

€25.63 Billion
EUR

RenaissanceRe Holdings Ltd Defensive Interval Ratio (2014–2022)

This chart shows how RenaissanceRe Holdings Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of March 2023, the ratio stands at 162 days, meaning defensive assets of €11.38 Billion can fund 162 days of operations without new revenue. Also explore RenaissanceRe Holdings Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for RenaissanceRe Holdings Ltd (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for RenaissanceRe Holdings Ltd 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 RenaissanceRe Holdings Ltd (RRJ) market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 375 days €14.52 Billion €38.67 Million/day €- €4.67 Billion ▲ +153 days
2021 222 days €13.35 Billion €60.01 Million/day €- €5.30 Billion ▲ +1 days
2020 222 days €10.81 Billion €48.73 Million/day €- €4.99 Billion ▲ +48 days
2019 174 days €7.24 Billion €41.72 Million/day €- €4.57 Billion ▲ +15 days
2018 159 days €4.38 Billion €27.62 Million/day €- €2.59 Billion ▲ +46 days
2017 113 days €2.40 Billion €21.25 Million/day €- €991.86 Million ▼ -56 days
2016 169 days €2.46 Billion €14.59 Million/day €- €1.37 Billion ▼ -7 days
2015 176 days €2.21 Billion €12.54 Million/day €- €1.21 Billion ▼ -37 days
2014 213 days €1.51 Billion €7.08 Million/day €- €1.01 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)