Bank of China Limited (W8V) — Defensive Interval Ratio

Latest as of June 2023: 11 days

Bank of China Limited (W8V) has a Defensive Interval Ratio of 11 days as of June 2023. Defensive assets of €813.60 Billion (cash €-, short-term investments €-, receivables €813.60 Billion) cover 11 days of daily cash needs of €74.12 Billion/day.

Defensive Interval Ratio

11 days
Days of operational coverage

Defensive Assets

€813.60 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€74.12 Billion
Current Liabilities ÷ 365

Current Liabilities

€27.05 Trillion
EUR

Bank of China Limited Defensive Interval Ratio (2014–2021)

This chart shows how Bank of China Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2021. As of June 2023, the ratio stands at 11 days, meaning defensive assets of €813.60 Billion can fund 11 days of operations without new revenue. For the complete balance sheet picture, see how large is Bank of China Limited's balance sheet.

Annual Defensive Interval Ratio for Bank of China Limited (2014–2021)

The table below presents the year-by-year Defensive Interval Ratio for Bank of China Limited from 2014 to 2021, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See W8V working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 6 days €377.13 Billion €61.15 Billion/day €- €- ▼ -3 days
2020 9 days €490.93 Billion €56.37 Billion/day €- €- ▼ -23 days
2019 32 days €1.67 Trillion €52.61 Billion/day €- €898.96 Billion ▲ +5 days
2018 27 days €1.33 Trillion €49.23 Billion/day €- €403.89 Billion ▲ +2 days
2017 25 days €1.13 Trillion €44.59 Billion/day €- €398.27 Billion ▼ -4 days
2016 29 days €1.24 Trillion €41.99 Billion/day €- €357.20 Billion ▼ -2 days
2015 31 days €1.24 Trillion €39.84 Billion/day €- €241.24 Billion ▼ -1 days
2014 32 days €1.17 Trillion €36.28 Billion/day €- €207.19 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)