AVIC Capital Co Ltd (600705) — Defensive Interval Ratio

Latest as of September 2024: 76 days

AVIC Capital Co Ltd (600705) has a Defensive Interval Ratio of 76 days as of September 2024. Defensive assets of CN¥56.07 Billion (cash CN¥-, short-term investments CN¥55.91 Billion, receivables CN¥161.80 Million) cover 76 days of daily cash needs of CN¥735.40 Million/day. See 600705 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

76 days
Days of operational coverage

Defensive Assets

CN¥56.07 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥735.40 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥268.42 Billion
CNY

AVIC Capital Co Ltd Defensive Interval Ratio (2015–2023)

This chart shows how AVIC Capital Co Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2015 to 2023. As of September 2024, the ratio stands at 76 days, meaning defensive assets of CN¥56.07 Billion can fund 76 days of operations without new revenue. See debt-free asset ratio of AVIC Capital Co Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for AVIC Capital Co Ltd (2015–2023)

The table below presents the year-by-year Defensive Interval Ratio for AVIC Capital Co Ltd from 2015 to 2023, 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 AVIC Capital Co Ltd market cap and net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2023 60 days CN¥54.15 Billion CN¥899.28 Million/day CN¥- CN¥53.95 Billion ▲ +7 days
2022 53 days CN¥46.00 Billion CN¥871.12 Million/day CN¥- CN¥45.73 Billion ▲ +5 days
2021 48 days CN¥38.77 Billion CN¥808.84 Million/day CN¥- CN¥38.36 Billion ▼ -13 days
2020 61 days CN¥36.73 Billion CN¥599.49 Million/day CN¥- CN¥36.49 Billion ▼ -140 days
2019 202 days CN¥107.87 Billion CN¥535.08 Million/day CN¥- CN¥38.50 Billion ▲ +186 days
2018 16 days CN¥7.42 Billion CN¥476.71 Million/day CN¥- CN¥6.67 Billion ▼ -97 days
2017 113 days CN¥49.53 Billion CN¥439.12 Million/day CN¥- CN¥899.23 Million ▼ -27 days
2016 140 days CN¥38.19 Billion CN¥273.08 Million/day CN¥- CN¥508.84 Million ▲ +26 days
2015 114 days CN¥32.17 Billion CN¥281.95 Million/day CN¥- CN¥1.16 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)