Hiscox Ltd (HSX) — Defensive Interval Ratio

Latest as of June 2024: 292 days

Hiscox Ltd (HSX) has a Defensive Interval Ratio of 292 days as of June 2024. Defensive assets of GBX274.50 Million (cash GBX-, short-term investments GBX-, receivables GBX274.50 Million) cover 292 days of daily cash needs of GBX940.00K/day. Check tangible equity quality of Hiscox Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

292 days
Days of operational coverage

Defensive Assets

GBX274.50 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX940.00K
Current Liabilities ÷ 365

Current Liabilities

GBX343.10 Million
GBX

Hiscox Ltd Defensive Interval Ratio (2006–2023)

This chart shows how Hiscox Ltd's Defensive Interval Ratio has evolved across 17 annual periods from 2006 to 2023. As of June 2024, the ratio stands at 292 days, meaning defensive assets of GBX274.50 Million can fund 292 days of operations without new revenue. Also explore Hiscox Ltd (HSX) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Hiscox Ltd (2006–2023)

The table below presents the year-by-year Defensive Interval Ratio for Hiscox Ltd from 2006 to 2023, covering 17 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 HSX stock market capitalisation.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 11932 days GBX241.90 Million GBX20.27K/day GBX- GBX35.40 Million ▲ +11533 days
2022 399 days GBX1.58 Billion GBX3.96 Million/day GBX- GBX45.30 Million ▲ +386 days
2021 12 days GBX55.80 Million GBX4.49 Million/day GBX- GBX50.90 Million ▼ -270 days
2020 282 days GBX1.04 Billion GBX3.67 Million/day GBX- GBX63.20 Million ▲ +17 days
2019 265 days GBX1.03 Billion GBX3.90 Million/day GBX- GBX61.20 Million ▼ -33 days
2018 299 days GBX886.08 Million GBX2.97 Million/day GBX- GBX55.18 Million ▼ -126 days
2017 424 days GBX792.28 Million GBX1.87 Million/day GBX- GBX49.97 Million ▼ -52 days
2016 476 days GBX669.24 Million GBX1.41 Million/day GBX- GBX57.77 Million ▼ -19 days
2015 495 days GBX534.17 Million GBX1.08 Million/day GBX- GBX59.33 Million ▲ +131 days
2014 364 days GBX450.84 Million GBX1.24 Million/day GBX- GBX35.62 Million ▼ -152 days
2013 516 days GBX395.27 Million GBX766.48K/day GBX- GBX32.84 Million ▲ +480 days
2012 36 days GBX13.09 Million GBX364.20K/day GBX- GBX13.09 Million ▲ +17 days
2011 19 days GBX18.07 Million GBX964.97K/day GBX- GBX18.07 Million ▼ -4 days
2010 23 days GBX23.85 Million GBX1.06 Million/day GBX- GBX23.85 Million ▲ +4 days
2009 19 days GBX18.29 Million GBX977.17K/day GBX- GBX18.29 Million ▲ +368 days
2007 -349 days GBX-285.32 Million GBX816.67K/day GBX- GBX-285.32 Million ▼ -229 days
2006 -120 days GBX-107.20 Million GBX892.76K/day GBX- GBX-107.20 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)