Ecclesiastical Insurance Office plc (ELLA) — Defensive Interval Ratio

Latest as of June 2023: 2 days

Ecclesiastical Insurance Office plc (ELLA) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of GBX3.26 Million (cash GBX-, short-term investments GBX-, receivables GBX3.26 Million) cover 2 days of daily cash needs of GBX1.41 Million/day.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

GBX3.26 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX1.41 Million
Current Liabilities ÷ 365

Current Liabilities

GBX514.48 Million
GBX

Ecclesiastical Insurance Office plc Defensive Interval Ratio (2014–2023)

This chart shows how Ecclesiastical Insurance Office plc's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of June 2023, the ratio stands at 2 days, meaning defensive assets of GBX3.26 Million can fund 2 days of operations without new revenue. For the complete balance sheet picture, see total assets of Ecclesiastical Insurance Office plc.

Annual Defensive Interval Ratio for Ecclesiastical Insurance Office plc (2014–2023)

The table below presents the year-by-year Defensive Interval Ratio for Ecclesiastical Insurance Office plc from 2014 to 2023, covering 10 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 Ecclesiastical Insurance Office plc to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 474 days GBX118.11 Million GBX249.40K/day GBX- GBX118.11 Million ▲ +218 days
2022 255 days GBX417.08 Million GBX1.63 Million/day GBX- GBX129.72 Million ▲ +22 days
2021 233 days GBX280.21 Million GBX1.20 Million/day GBX- GBX64.41 Million ▲ +61 days
2020 172 days GBX197.36 Million GBX1.15 Million/day GBX- GBX-6.61 Million ▲ +21 days
2019 151 days GBX166.22 Million GBX1.10 Million/day GBX- GBX3.87 Million ▲ +44 days
2018 106 days GBX142.59 Million GBX1.34 Million/day GBX- GBX9.91 Million ▲ +9 days
2017 98 days GBX136.78 Million GBX1.40 Million/day GBX- GBX9.86 Million ▲ +9 days
2016 88 days GBX126.33 Million GBX1.43 Million/day GBX- GBX9.80 Million ▲ +37 days
2015 52 days GBX106.41 Million GBX2.06 Million/day GBX- GBX- ▼ -694 days
2014 745 days GBX119.39 Million GBX160.22K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)