Firstrand Ltd (FSR) — Defensive Interval Ratio

Latest as of June 2024: 6 days

Firstrand Ltd (FSR) has a Defensive Interval Ratio of 6 days as of June 2024. Defensive assets of ZAC9.48 Billion (cash ZAC-, short-term investments ZAC-, receivables ZAC9.48 Billion) cover 6 days of daily cash needs of ZAC1.50 Billion/day. Check FSR goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

ZAC9.48 Billion
Cash + ST Investments + Receivables

Daily Cash Need

ZAC1.50 Billion
Current Liabilities ÷ 365

Current Liabilities

ZAC547.66 Billion
ZAC

Firstrand Ltd Defensive Interval Ratio (2010–2024)

This chart shows how Firstrand Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2010 to 2024. As of June 2024, the ratio stands at 6 days, meaning defensive assets of ZAC9.48 Billion can fund 6 days of operations without new revenue. Also explore FSR year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Firstrand Ltd (2010–2024)

The table below presents the year-by-year Defensive Interval Ratio for Firstrand Ltd from 2010 to 2024, covering 14 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 Firstrand Ltd market cap and net worth.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2024 6 days ZAC9.48 Billion ZAC1.50 Billion/day ZAC- ZAC- ▼ -49 days
2023 55 days ZAC6.52 Billion ZAC118.87 Million/day ZAC- ZAC- ▲ +611 days
2022 -556 days ZAC-32.76 Billion ZAC58.88 Million/day ZAC- ZAC-36.59 Billion ▲ +30 days
2021 -587 days ZAC-36.60 Billion ZAC62.37 Million/day ZAC- ZAC-40.99 Billion ▼ -99 days
2020 -488 days ZAC-28.14 Billion ZAC57.64 Million/day ZAC- ZAC-32.24 Billion ▼ -40 days
2019 -448 days ZAC-26.89 Billion ZAC60.06 Million/day ZAC- ZAC-31.33 Billion ▼ -488 days
2018 41 days ZAC38.40 Billion ZAC947.50 Million/day ZAC- ZAC33.06 Billion ▼ -828167 days
2017 828208 days ZAC36.30 Billion ZAC43.84K/day ZAC- ZAC30.89 Billion ▲ +717601 days
2016 110607 days ZAC47.58 Billion ZAC430.14K/day ZAC- ZAC40.82 Billion ▼ -28519 days
2015 139126 days ZAC45.74 Billion ZAC328.77K/day ZAC- ZAC40.85 Billion ▲ +137967 days
2014 1159 days ZAC38.45 Billion ZAC33.19 Million/day ZAC- ZAC33.31 Billion ▲ +982 days
2013 177 days ZAC4.85 Billion ZAC27.48 Million/day ZAC- ZAC- ▲ +203 days
2012 -27 days ZAC-663.00 Million ZAC24.89 Million/day ZAC- ZAC-5.00 Billion ▼ -895 days
2010 868 days ZAC5.14 Billion ZAC5.92 Million/day ZAC- ZAC- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)