Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) — Defensive Interval Ratio

Latest as of September 2023: 941 days

Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) has a Defensive Interval Ratio of 941 days as of September 2023. Defensive assets of MX$7.30 Billion (cash MX$-, short-term investments MX$-, receivables MX$7.30 Billion) cover 941 days of daily cash needs of MX$7.76 Million/day. Check FINDEP goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

941 days
Days of operational coverage

Defensive Assets

MX$7.30 Billion
Cash + ST Investments + Receivables

Daily Cash Need

MX$7.76 Million
Current Liabilities ÷ 365

Current Liabilities

MX$2.83 Billion
MXN

Financiera Independencia S.A.B. de C.V. SOFOM E.N.R Defensive Interval Ratio (2013–2022)

This chart shows how Financiera Independencia S.A.B. de C.V. SOFOM E.N.R's Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of September 2023, the ratio stands at 941 days, meaning defensive assets of MX$7.30 Billion can fund 941 days of operations without new revenue. Also explore Financiera Independencia S.A.B. de C.V. net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Financiera Independencia S.A.B. de C.V. SOFOM E.N.R from 2013 to 2022, 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. For live market cap and the full company financial profile, see FINDEP market cap overview.

Year DIR (days) Defensive Assets (MXN) Daily Cash Need Cash ST Investments Change (days)
2022 1409 days MX$7.93 Billion MX$5.63 Million/day MX$- MX$- ▼ -177 days
2021 1585 days MX$7.61 Billion MX$4.80 Million/day MX$- MX$- ▲ +275 days
2020 1310 days MX$6.94 Billion MX$5.30 Million/day MX$- MX$- ▲ +169 days
2019 1141 days MX$8.81 Billion MX$7.72 Million/day MX$- MX$- ▼ -201 days
2018 1342 days MX$8.16 Billion MX$6.08 Million/day MX$- MX$- ▲ +69 days
2017 1273 days MX$7.85 Billion MX$6.17 Million/day MX$- MX$- ▲ +240 days
2016 1034 days MX$7.47 Billion MX$7.22 Million/day MX$- MX$- ▲ +9 days
2015 1025 days MX$7.09 Billion MX$6.91 Million/day MX$- MX$- ▼ -36 days
2014 1061 days MX$6.88 Billion MX$6.49 Million/day MX$- MX$- ▲ +485 days
2013 576 days MX$6.63 Billion MX$11.51 Million/day MX$- MX$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)