Piraeus Bank S.A. (PIRBF) — Defensive Interval Ratio

Latest as of December 2024: 3 days

Piraeus Bank S.A. (PIRBF) has a Defensive Interval Ratio of 3 days as of December 2024. Defensive assets of $438.00 Million (cash $-, short-term investments $-, receivables $438.00 Million) cover 3 days of daily cash needs of $174.12 Million/day.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

$438.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

$174.12 Million
Current Liabilities ÷ 365

Current Liabilities

$63.55 Billion
USD

Piraeus Bank S.A. Defensive Interval Ratio (2021–2024)

This chart shows how Piraeus Bank S.A.'s Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 3 days, meaning defensive assets of $438.00 Million can fund 3 days of operations without new revenue. For the complete balance sheet picture, see Piraeus Bank S.A. balance sheet assets.

Annual Defensive Interval Ratio for Piraeus Bank S.A. (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for Piraeus Bank S.A. from 2021 to 2024, covering 4 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 Piraeus Bank S.A. (PIRBF) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 3 days $438.00 Million $174.12 Million/day $- $- ▼ -2 days
2023 4 days $712.00 Million $164.80 Million/day $- $- ▼ -2 days
2022 6 days $949.00 Million $161.05 Million/day $- $- ▼ -3 days
2021 9 days $1.31 Billion $152.67 Million/day $- $- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)