Direct Line Insurance Group plc (DLG) — Defensive Interval Ratio

Latest as of June 2024: 44 days

Direct Line Insurance Group plc (DLG) has a Defensive Interval Ratio of 44 days as of June 2024. Defensive assets of GBX20.00 Million (cash GBX-, short-term investments GBX20.00 Million, receivables GBX-) cover 44 days of daily cash needs of GBX455.89K/day. Check how tangible is Direct Line Insurance Group plc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

44 days
Days of operational coverage

Defensive Assets

GBX20.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX455.89K
Current Liabilities ÷ 365

Current Liabilities

GBX166.40 Million
GBX

Direct Line Insurance Group plc Defensive Interval Ratio (2012–2024)

This chart shows how Direct Line Insurance Group plc's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2024, the ratio stands at 44 days, meaning defensive assets of GBX20.00 Million can fund 44 days of operations without new revenue. Also explore DLG shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Direct Line Insurance Group plc (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Direct Line Insurance Group plc from 2012 to 2024, covering 13 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 market value of Direct Line Insurance Group plc.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 55 days GBX41.20 Million GBX744.11K/day GBX- GBX19.40 Million ▲ +38 days
2023 18 days GBX18.90 Million GBX1.06 Million/day GBX- GBX18.90 Million ▼ -7277 days
2022 7295 days GBX3.94 Billion GBX540.00K/day GBX- GBX3.15 Billion ▲ +3859 days
2021 3436 days GBX4.86 Billion GBX1.42 Million/day GBX- GBX4.08 Billion ▲ +464 days
2020 2972 days GBX4.90 Billion GBX1.65 Million/day GBX- GBX4.10 Billion ▼ -416 days
2019 3387 days GBX4.92 Billion GBX1.45 Million/day GBX- GBX4.09 Billion ▲ +420 days
2018 2967 days GBX5.01 Billion GBX1.69 Million/day GBX- GBX4.15 Billion ▼ -1609 days
2017 4576 days GBX5.43 Billion GBX1.19 Million/day GBX- GBX4.45 Billion ▲ +414 days
2016 4162 days GBX5.63 Billion GBX1.35 Million/day GBX- GBX4.65 Billion ▼ -712 days
2015 4875 days GBX6.18 Billion GBX1.27 Million/day GBX- GBX5.23 Billion ▼ -140 days
2014 5015 days GBX6.79 Billion GBX1.35 Million/day GBX- GBX5.83 Billion ▼ -2136 days
2013 7151 days GBX8.07 Billion GBX1.13 Million/day GBX- GBX7.01 Billion ▲ +530 days
2012 6621 days GBX7.16 Billion GBX1.08 Million/day GBX- GBX7.16 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)