Qingdao Rural Commercial Bank Corp Class A (002958) — Defensive Interval Ratio

Latest as of June 2024: -118 days

Qingdao Rural Commercial Bank Corp Class A (002958) has a Defensive Interval Ratio of -118 days as of June 2024. Defensive assets of CN¥-64.08 Billion (cash CN¥-, short-term investments CN¥-64.08 Billion, receivables CN¥-) cover -118 days of daily cash needs of CN¥542.03 Million/day. See working capital position of Qingdao Rural Commercial Bank Corp Class to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

-118 days
Days of operational coverage

Defensive Assets

CN¥-64.08 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥542.03 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥197.84 Billion
CNY

Qingdao Rural Commercial Bank Corp Class A Defensive Interval Ratio (2011–2020)

This chart shows how Qingdao Rural Commercial Bank Corp Class A's Defensive Interval Ratio has evolved across 9 annual periods from 2011 to 2020. As of June 2024, the ratio stands at -118 days, meaning defensive assets of CN¥-64.08 Billion can fund -118 days of operations without new revenue. See 002958 net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Qingdao Rural Commercial Bank Corp Class A (2011–2020)

The table below presents the year-by-year Defensive Interval Ratio for Qingdao Rural Commercial Bank Corp Class A from 2011 to 2020, 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 live market cap and the full company financial profile, see how much is Qingdao Rural Commercial Bank Corp Class worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2020 0 days CN¥83.87 Million CN¥589.57 Million/day CN¥- CN¥- ▼ 0 days
2019 0 days CN¥82.92 Million CN¥509.08 Million/day CN¥- CN¥- ▼ -4 days
2018 4 days CN¥27.49 Million CN¥7.49 Million/day CN¥- CN¥- ▼ -3 days
2017 6 days CN¥51.35 Million CN¥7.99 Million/day CN¥- CN¥- ▼ -26 days
2016 33 days CN¥270.80 Million CN¥8.27 Million/day CN¥- CN¥- ▼ -587 days
2014 620 days CN¥3.91 Billion CN¥6.32 Million/day CN¥- CN¥- ▲ +314 days
2013 306 days CN¥1.62 Billion CN¥5.30 Million/day CN¥- CN¥- ▲ +225 days
2012 81 days CN¥342.10 Million CN¥4.24 Million/day CN¥- CN¥- ▼ -13 days
2011 94 days CN¥259.91 Million CN¥2.77 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)