China Merchants Bank Co Ltd (600036) — Defensive Interval Ratio

Latest as of June 2022: 5 days

China Merchants Bank Co Ltd (600036) has a Defensive Interval Ratio of 5 days as of June 2022. Defensive assets of CN¥101.25 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥101.25 Billion) cover 5 days of daily cash needs of CN¥21.35 Billion/day. Check China Merchants Bank Co Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

5 days
Days of operational coverage

Defensive Assets

CN¥101.25 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥21.35 Billion
Current Liabilities ÷ 365

Current Liabilities

CN¥7.79 Trillion
CNY

China Merchants Bank Co Ltd Defensive Interval Ratio (1999–2020)

This chart shows how China Merchants Bank Co Ltd's Defensive Interval Ratio has evolved across 22 annual periods from 1999 to 2020. As of June 2022, the ratio stands at 5 days, meaning defensive assets of CN¥101.25 Billion can fund 5 days of operations without new revenue. Also explore 600036 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for China Merchants Bank Co Ltd (1999–2020)

The table below presents the year-by-year Defensive Interval Ratio for China Merchants Bank Co Ltd from 1999 to 2020, covering 22 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 market cap of China Merchants Bank Co Ltd.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2020 0 days CN¥340.00 Million CN¥17.67 Billion/day CN¥- CN¥- ▼ -11 days
2019 11 days CN¥158.82 Billion CN¥15.00 Billion/day CN¥- CN¥158.51 Billion ▼ -5 days
2018 16 days CN¥217.41 Billion CN¥13.54 Billion/day CN¥- CN¥217.09 Billion ▼ -8 days
2017 24 days CN¥300.32 Billion CN¥12.51 Billion/day CN¥- CN¥272.14 Billion ▼ -56 days
2016 80 days CN¥966.83 Billion CN¥12.10 Billion/day CN¥- CN¥411.83 Billion ▼ -15 days
2015 95 days CN¥1.13 Trillion CN¥11.90 Billion/day CN¥- CN¥391.14 Billion ▼ -21 days
2014 116 days CN¥1.29 Trillion CN¥11.12 Billion/day CN¥- CN¥858.48 Billion ▲ +4 days
2013 112 days CN¥1.03 Trillion CN¥9.16 Billion/day CN¥- CN¥773.35 Billion ▲ +27 days
2012 85 days CN¥656.02 Billion CN¥7.73 Billion/day CN¥- CN¥610.79 Billion ▲ +2 days
2011 83 days CN¥556.00 Billion CN¥6.70 Billion/day CN¥- CN¥523.06 Billion ▲ +1 days
2010 82 days CN¥475.85 Billion CN¥5.79 Billion/day CN¥- CN¥461.04 Billion ▼ -2 days
2009 84 days CN¥414.50 Billion CN¥4.94 Billion/day CN¥- CN¥373.39 Billion ▲ +17 days
2008 67 days CN¥252.72 Billion CN¥3.77 Billion/day CN¥- CN¥231.62 Billion ▼ -35 days
2007 102 days CN¥327.80 Billion CN¥3.20 Billion/day CN¥- CN¥306.37 Billion ▲ +98 days
2006 4 days CN¥10.19 Billion CN¥2.32 Billion/day CN¥- CN¥- ▲ +3 days
2005 1 days CN¥2.60 Billion CN¥1.85 Billion/day CN¥- CN¥- ▼ 0 days
2004 2 days CN¥2.30 Billion CN¥1.25 Billion/day CN¥- CN¥- ▼ 0 days
2003 2 days CN¥2.00 Billion CN¥1.04 Billion/day CN¥- CN¥- ▲ +0 days
2002 2 days CN¥1.22 Billion CN¥811.95 Million/day CN¥- CN¥- ▼ -1 days
2001 3 days CN¥1.63 Billion CN¥586.59 Million/day CN¥- CN¥- ▲ +0 days
2000 2 days CN¥1.06 Billion CN¥457.99 Million/day CN¥- CN¥- ▼ -1 days
1999 3 days CN¥1.10 Billion CN¥330.46 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)