Heungkuk Fire & Marine Insurance Co Ltd (000545) — Defensive Interval Ratio

Latest as of December 2017: 98 days

Heungkuk Fire & Marine Insurance Co Ltd (000545) has a Defensive Interval Ratio of 98 days as of December 2017. Defensive assets of ₩253.87 Billion (cash ₩-, short-term investments ₩212.41 Billion, receivables ₩41.46 Billion) cover 98 days of daily cash needs of ₩2.60 Billion/day. Check Heungkuk Fire & Marine Insurance Co Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

98 days
Days of operational coverage

Defensive Assets

₩253.87 Billion
Cash + ST Investments + Receivables

Daily Cash Need

₩2.60 Billion
Current Liabilities ÷ 365

Current Liabilities

₩947.23 Billion
KRW

Heungkuk Fire & Marine Insurance Co Ltd Defensive Interval Ratio (2014–2017)

This chart shows how Heungkuk Fire & Marine Insurance Co Ltd's Defensive Interval Ratio has evolved across 4 annual periods from 2014 to 2017. As of December 2017, the ratio stands at 98 days, meaning defensive assets of ₩253.87 Billion can fund 98 days of operations without new revenue. Also explore how fast is Heungkuk Fire & Marine Insurance Co Ltd growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Heungkuk Fire & Marine Insurance Co Ltd (2014–2017)

The table below presents the year-by-year Defensive Interval Ratio for Heungkuk Fire & Marine Insurance Co Ltd from 2014 to 2017, covering 4 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 000545 market cap.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2017 98 days ₩253.87 Billion ₩2.60 Billion/day ₩- ₩212.41 Billion ▼ -62 days
2016 160 days ₩438.69 Billion ₩2.75 Billion/day ₩- ₩391.71 Billion ▼ -58 days
2015 218 days ₩555.34 Billion ₩2.55 Billion/day ₩- ₩505.01 Billion ▼ -24 days
2014 242 days ₩571.06 Billion ₩2.36 Billion/day ₩- ₩526.80 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)