Mirae Asset Life Insurance Co Ltd (085620) — Defensive Interval Ratio

Latest as of June 2023: 26391 days

Mirae Asset Life Insurance Co Ltd (085620) has a Defensive Interval Ratio of 26391 days as of June 2023. Defensive assets of ₩11.36 Trillion (cash ₩-, short-term investments ₩11.29 Trillion, receivables ₩70.28 Billion) cover 26391 days of daily cash needs of ₩430.33 Million/day. Check 085620 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

26391 days
Days of operational coverage

Defensive Assets

₩11.36 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

₩430.33 Million
Current Liabilities ÷ 365

Current Liabilities

₩157.07 Billion
KRW

Mirae Asset Life Insurance Co Ltd Defensive Interval Ratio (2014–2021)

This chart shows how Mirae Asset Life Insurance Co Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2014 to 2021. As of June 2023, the ratio stands at 26391 days, meaning defensive assets of ₩11.36 Trillion can fund 26391 days of operations without new revenue. Also explore 085620 shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mirae Asset Life Insurance Co Ltd (2014–2021)

The table below presents the year-by-year Defensive Interval Ratio for Mirae Asset Life Insurance Co Ltd 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. For live market cap and the full company financial profile, see 085620 company net worth.

Year DIR (days) Defensive Assets (KRW) Daily Cash Need Cash ST Investments Change (days)
2021 4086 days ₩8.13 Trillion ₩1.99 Billion/day ₩- ₩8.08 Trillion ▲ +19 days
2020 4067 days ₩8.33 Trillion ₩2.05 Billion/day ₩- ₩8.26 Trillion ▼ -282 days
2019 4349 days ₩8.07 Trillion ₩1.86 Billion/day ₩- ₩8.04 Trillion ▼ -457 days
2018 4805 days ₩7.67 Trillion ₩1.60 Billion/day ₩- ₩7.65 Trillion ▲ +4773 days
2017 33 days ₩48.54 Billion ₩1.48 Billion/day ₩- ₩- ▲ +3 days
2016 30 days ₩47.75 Billion ₩1.59 Billion/day ₩- ₩- ▲ +11 days
2015 19 days ₩23.83 Billion ₩1.26 Billion/day ₩- ₩- ▼ -5 days
2014 24 days ₩30.45 Billion ₩1.27 Billion/day ₩- ₩- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)