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. See working capital position of Banco Comercial Portugues to evaluate short-term liquidity relative to the company's equity base.

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. See BCP equity financing ratio to measure how much of total assets are equity-financed.

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. For live market cap and the full company financial profile, see Banco Comercial Portugues stock valuation.

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)