Grupo Financiero Banorte S.A.B. de C.V Defensive Interval Ratio
Grupo Financiero Banorte S.A.B. de C.V defensive interval ratio. Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) has a Defensive Interval Ratio of 17 days as of March 2023. Defensive assets of MX$69.30 Billion (cash MX$-, short-term investments MX$-, receivables MX$69.30 Billion) cover 17 days of daily cash needs of MX$4.00 Billion/day. See Grupo Financiero Banorte S.A.B. de C.V (GFNORTEO) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Grupo Financiero Banorte S.A.B. de C.V (2014–2022)
Defensive interval ratio of Grupo Financiero Banorte S.A.B. de C.V from 2014 to 2022. This chart shows how Grupo Financiero Banorte S.A.B. de C.V's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of March 2023, the ratio stands at 17 days, meaning defensive assets of MX$69.30 Billion can fund 17 days of operations without new revenue. Check GFNORTEO cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Grupo Financiero Banorte S.A.B. de C.V Defensive Interval Ratio by Year (2014–2022)
Grupo Financiero Banorte S.A.B. de C.V defensive interval ratio by year from 2014 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Grupo Financiero Banorte S.A.B. de C.V from 2014 to 2022, covering 9 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 the complete balance sheet picture, see Grupo Financiero Banorte S.A.B. de C.V assets under control.
| Year | DIR (days) | Defensive Assets (MXN) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 8 days | MX$32.32 Billion | MX$3.93 Billion/day | MX$- | MX$- | ▼ -3 days |
| 2021 | 11 days | MX$36.86 Billion | MX$3.42 Billion/day | MX$- | MX$- | ▼ -2 days |
| 2020 | 13 days | MX$43.18 Billion | MX$3.42 Billion/day | MX$- | MX$- | ▼ 0 days |
| 2019 | 13 days | MX$38.78 Billion | MX$3.04 Billion/day | MX$- | MX$6.10 Billion | ▼ -1 days |
| 2018 | 14 days | MX$43.19 Billion | MX$3.17 Billion/day | MX$- | MX$3.99 Billion | ▼ -3 days |
| 2017 | 16 days | MX$45.19 Billion | MX$2.75 Billion/day | MX$- | MX$6.52 Billion | ▲ +2 days |
| 2016 | 15 days | MX$38.84 Billion | MX$2.64 Billion/day | MX$- | MX$4.22 Billion | ▲ +4 days |
| 2015 | 11 days | MX$27.93 Billion | MX$2.53 Billion/day | MX$- | MX$493.00 Million | ▼ -18 days |
| 2014 | 29 days | MX$67.02 Billion | MX$2.31 Billion/day | MX$- | MX$41.95 Billion | — |