Secure Trust Bank PLC (STB) — Defensive Interval Ratio

Latest as of June 2023: 119 days

Secure Trust Bank PLC (STB) has a Defensive Interval Ratio of 119 days as of June 2023. Defensive assets of GBX1.40 Million (cash GBX-, short-term investments GBX-, receivables GBX1.40 Million) cover 119 days of daily cash needs of GBX11.78K/day.

Defensive Interval Ratio

119 days
Days of operational coverage

Defensive Assets

GBX1.40 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX11.78K
Current Liabilities ÷ 365

Current Liabilities

GBX4.30 Million
GBX

Secure Trust Bank PLC Defensive Interval Ratio (2012–2022)

This chart shows how Secure Trust Bank PLC's Defensive Interval Ratio has evolved across 11 annual periods from 2012 to 2022. As of June 2023, the ratio stands at 119 days, meaning defensive assets of GBX1.40 Million can fund 119 days of operations without new revenue. For the complete balance sheet picture, see Secure Trust Bank PLC (STB) total assets.

Annual Defensive Interval Ratio for Secure Trust Bank PLC (2012–2022)

The table below presents the year-by-year Defensive Interval Ratio for Secure Trust Bank PLC from 2012 to 2022, covering 11 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 Secure Trust Bank PLC (STB) working capital ratio 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)
2022 1 days GBX1.70 Million GBX1.89 Million/day GBX- GBX- ▲ +1 days
2021 0 days GBX400.00K GBX1.03 Million/day GBX- GBX- ▼ -3 days
2020 3 days GBX3.30 Million GBX966.30K/day GBX- GBX- ▼ -1 days
2019 5 days GBX5.20 Million GBX1.06 Million/day GBX- GBX- ▼ -15 days
2018 20 days GBX16.20 Million GBX812.33K/day GBX- GBX- ▲ +17 days
2017 3 days GBX1.20 Million GBX391.51K/day GBX- GBX- ▼ -4 days
2016 7 days GBX700.00K GBX101.37K/day GBX- GBX- ▼ -67 days
2015 74 days GBX2.80 Million GBX37.81K/day GBX- GBX- ▲ +39 days
2014 35 days GBX1.70 Million GBX47.95K/day GBX- GBX- ▼ -67 days
2013 103 days GBX4.20 Million GBX40.82K/day GBX- GBX- ▲ +11 days
2012 91 days GBX2.15 Million GBX23.47K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)