Banco Comercial Portugues (BCP) — Defensive Interval Ratio

Latest as of June 2023: 2 days

Banco Comercial Portugues (BCP) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of €398.93 Million (cash €-, short-term investments €-, receivables €398.93 Million) cover 2 days of daily cash needs of €213.00 Million/day.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

€398.93 Million
Cash + ST Investments + Receivables

Daily Cash Need

€213.00 Million
Current Liabilities ÷ 365

Current Liabilities

€77.74 Billion
EUR

Banco Comercial Portugues Defensive Interval Ratio (2015–2022)

This chart shows how Banco Comercial Portugues's Defensive Interval Ratio has evolved across 8 annual periods from 2015 to 2022. As of June 2023, the ratio stands at 2 days, meaning defensive assets of €398.93 Million can fund 2 days of operations without new revenue. For the complete balance sheet picture, see BCP current and non-current assets.

Annual Defensive Interval Ratio for Banco Comercial Portugues (2015–2022)

The table below presents the year-by-year Defensive Interval Ratio for Banco Comercial Portugues from 2015 to 2022, 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. See working capital position of Banco Comercial Portugues to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 2 days €333.59 Million €211.81 Million/day €- €- ▼ -1 days
2021 2 days €450.53 Million €197.06 Million/day €- €- ▼ -1 days
2020 3 days €619.33 Million €179.35 Million/day €- €- ▼ 0 days
2019 3 days €600.07 Million €171.89 Million/day €- €- ▼ -1 days
2018 4 days €652.30 Million €157.47 Million/day €- €58.25 Million ▼ -10 days
2017 15 days €2.16 Billion €148.17 Million/day €- €1.63 Billion ▲ +10 days
2016 4 days €633.02 Million €153.24 Million/day €- €20.52 Million ▼ -8 days
2015 12 days €1.92 Billion €153.42 Million/day €- €1.22 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)