ING Groep N.V (INGN) — Defensive Interval Ratio

Latest as of September 2023: 19 days

ING Groep N.V (INGN) has a Defensive Interval Ratio of 19 days as of September 2023. Defensive assets of MX$38.00 Billion (cash MX$-, short-term investments MX$38.00 Billion, receivables MX$-) cover 19 days of daily cash needs of MX$2.03 Billion/day.

Defensive Interval Ratio

19 days
Days of operational coverage

Defensive Assets

MX$38.00 Billion
Cash + ST Investments + Receivables

Daily Cash Need

MX$2.03 Billion
Current Liabilities ÷ 365

Current Liabilities

MX$740.93 Billion
MXN

ING Groep N.V Defensive Interval Ratio (2014–2022)

This chart shows how ING Groep N.V's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of September 2023, the ratio stands at 19 days, meaning defensive assets of MX$38.00 Billion can fund 19 days of operations without new revenue. For the complete balance sheet picture, see total assets of ING Groep N.V.

Annual Defensive Interval Ratio for ING Groep N.V (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for ING Groep N.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. See INGN current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (MXN) Daily Cash Need Cash ST Investments Change (days)
2022 14 days MX$31.33 Billion MX$2.25 Billion/day MX$- MX$30.98 Billion ▲ +0 days
2021 14 days MX$30.35 Billion MX$2.21 Billion/day MX$- MX$29.80 Billion ▼ -3 days
2020 16 days MX$35.26 Billion MX$2.17 Billion/day MX$- MX$34.84 Billion ▼ -1 days
2019 17 days MX$34.72 Billion MX$2.00 Billion/day MX$- MX$34.47 Billion ▲ +2 days
2018 16 days MX$31.43 Billion MX$2.01 Billion/day MX$- MX$31.22 Billion ▼ -21 days
2017 37 days MX$70.81 Billion MX$1.92 Billion/day MX$- MX$69.73 Billion ▼ -8 days
2016 45 days MX$84.99 Billion MX$1.89 Billion/day MX$- MX$82.91 Billion ▲ +42 days
2015 3 days MX$7.16 Billion MX$2.33 Billion/day MX$- MX$2.18 Billion ▲ +3 days
2014 0 days MX$289.00 Million MX$2.59 Billion/day MX$- MX$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)