ABSA Bank Limited (ABSP) — Defensive Interval Ratio

Latest as of June 2023: 0 days

ABSA Bank Limited (ABSP) has a Defensive Interval Ratio of 0 days as of June 2023. Defensive assets of ZAC69.00 Million (cash ZAC-, short-term investments ZAC-, receivables ZAC69.00 Million) cover 0 days of daily cash needs of ZAC3.15 Billion/day. See ABSP net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

ZAC69.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

ZAC3.15 Billion
Current Liabilities ÷ 365

Current Liabilities

ZAC1.15 Trillion
ZAC

ABSA Bank Limited Defensive Interval Ratio (2013–2022)

This chart shows how ABSA Bank Limited's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of June 2023, the ratio stands at 0 days, meaning defensive assets of ZAC69.00 Million can fund 0 days of operations without new revenue. See ABSA Bank Limited net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for ABSA Bank Limited (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for ABSA Bank Limited 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 ABSA Bank Limited market capitalisation.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2022 3 days ZAC10.91 Billion ZAC3.44 Billion/day ZAC- ZAC- ▲ +0 days
2021 3 days ZAC8.66 Billion ZAC3.05 Billion/day ZAC- ZAC- ▼ 0 days
2020 3 days ZAC8.99 Billion ZAC2.94 Billion/day ZAC- ZAC- ▼ -1 days
2019 4 days ZAC9.89 Billion ZAC2.59 Billion/day ZAC- ZAC- ▼ -12 days
2018 16 days ZAC38.29 Billion ZAC2.39 Billion/day ZAC- ZAC29.41 Billion ▲ +3 days
2017 13 days ZAC28.92 Billion ZAC2.18 Billion/day ZAC- ZAC19.32 Billion ▼ -10 days
2016 23 days ZAC48.06 Billion ZAC2.06 Billion/day ZAC- ZAC34.88 Billion ▼ -1 days
2015 25 days ZAC53.00 Billion ZAC2.14 Billion/day ZAC- ZAC41.63 Billion ▲ +10 days
2014 15 days ZAC28.49 Billion ZAC1.87 Billion/day ZAC- ZAC21.04 Billion ▲ +15 days
2013 0 days ZAC15.00 Million ZAC1.67 Billion/day ZAC- ZAC- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)