Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA) — Defensive Interval Ratio

Latest as of June 2024: 4486 days

Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (LDA) has a Defensive Interval Ratio of 4486 days as of June 2024. Defensive assets of €927.38 Million (cash €-, short-term investments €927.38 Million, receivables €-) cover 4486 days of daily cash needs of €206.73K/day. Check Linea Directa Aseguradora SA Compania de tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

4486 days
Days of operational coverage

Defensive Assets

€927.38 Million
Cash + ST Investments + Receivables

Daily Cash Need

€206.73K
Current Liabilities ÷ 365

Current Liabilities

€75.46 Million
EUR

Linea Directa Aseguradora SA Compania de Seguros y Reaseguros Defensive Interval Ratio (2017–2024)

This chart shows how Linea Directa Aseguradora SA Compania de Seguros y Reaseguros's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2024, the ratio stands at 4486 days, meaning defensive assets of €927.38 Million can fund 4486 days of operations without new revenue. Also explore Linea Directa Aseguradora SA Compania de (LDA) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Linea Directa Aseguradora SA Compania de Seguros y Reaseguros (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Linea Directa Aseguradora SA Compania de Seguros y Reaseguros from 2017 to 2024, 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 LDA stock market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 4626 days €987.13 Million €213.40K/day €- €983.24 Million ▲ +872 days
2023 3754 days €892.43 Million €237.74K/day €- €877.34 Million ▼ -95000 days
2022 98753 days €912.32 Million €9.24K/day €51.66 Million €739.66 Million ▲ +13571 days
2021 85182 days €742.84 Million €8.72K/day €115.79 Million €864.98 Million ▼ -17247 days
2020 102429 days €806.52 Million €7.87K/day €162.50 Million €917.07 Million ▲ +102356 days
2019 73 days €94.60 Million €1.30 Million/day €- €- ▲ +7 days
2018 65 days €91.88 Million €1.40 Million/day €- €- ▼ -2 days
2017 68 days €82.14 Million €1.22 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)