Sumitomo Mitsui Financial Group Inc (XMFA) — Defensive Interval Ratio

Latest as of March 2022: 3 days

Sumitomo Mitsui Financial Group Inc (XMFA) has a Defensive Interval Ratio of 3 days as of March 2022. Defensive assets of €1.55 Trillion (cash €-, short-term investments €-, receivables €1.55 Trillion) cover 3 days of daily cash needs of €576.68 Billion/day. Check XMFA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

€1.55 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

€576.68 Billion
Current Liabilities ÷ 365

Current Liabilities

€210.49 Trillion
EUR

Sumitomo Mitsui Financial Group Inc Defensive Interval Ratio (2017–2022)

This chart shows how Sumitomo Mitsui Financial Group Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of March 2022, the ratio stands at 3 days, meaning defensive assets of €1.55 Trillion can fund 3 days of operations without new revenue. Also explore Sumitomo Mitsui Financial Group Inc net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sumitomo Mitsui Financial Group Inc (2017–2022)

The table below presents the year-by-year Defensive Interval Ratio for Sumitomo Mitsui Financial Group Inc from 2017 to 2022, covering 6 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 XMFA market cap.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 3 days €1.55 Trillion €576.68 Billion/day €- €- ▼ -57 days
2021 59 days €32.31 Trillion €544.19 Billion/day €- €30.98 Trillion ▲ +13 days
2020 46 days €22.93 Trillion €499.10 Billion/day €- €21.54 Trillion ▲ +3 days
2019 43 days €18.81 Trillion €438.37 Billion/day €- €17.51 Trillion ▼ -6 days
2018 49 days €21.39 Trillion €433.00 Billion/day €- €20.12 Trillion ▲ +6 days
2017 44 days €19.58 Trillion €449.53 Billion/day €- €17.90 Trillion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)