Xiamen Bank Co Ltd (601187) — Defensive Interval Ratio

Latest as of September 2019: 2615 days

Xiamen Bank Co Ltd (601187) has a Defensive Interval Ratio of 2615 days as of September 2019. Defensive assets of CN¥12.01 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥12.01 Billion) cover 2615 days of daily cash needs of CN¥4.59 Million/day. See Xiamen Bank Co Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

2615 days
Days of operational coverage

Defensive Assets

CN¥12.01 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥4.59 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥1.68 Billion
CNY

Xiamen Bank Co Ltd Defensive Interval Ratio (2005–2018)

This chart shows how Xiamen Bank Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2005 to 2018. As of September 2019, the ratio stands at 2615 days, meaning defensive assets of CN¥12.01 Billion can fund 2615 days of operations without new revenue. See 601187 net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Xiamen Bank Co Ltd (2005–2018)

The table below presents the year-by-year Defensive Interval Ratio for Xiamen Bank Co Ltd from 2005 to 2018, covering 14 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 601187 stock market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2018 4695 days CN¥20.33 Billion CN¥4.33 Million/day CN¥- CN¥- ▼ -6967 days
2017 11662 days CN¥47.27 Billion CN¥4.05 Million/day CN¥- CN¥- ▲ +1637 days
2016 10025 days CN¥48.80 Billion CN¥4.87 Million/day CN¥- CN¥- ▼ -5061 days
2015 15086 days CN¥61.86 Billion CN¥4.10 Million/day CN¥- CN¥- ▲ +7108 days
2014 7978 days CN¥29.07 Billion CN¥3.64 Million/day CN¥- CN¥- ▲ +4812 days
2013 3166 days CN¥10.43 Billion CN¥3.30 Million/day CN¥- CN¥- ▲ +1727 days
2012 1439 days CN¥3.24 Billion CN¥2.25 Million/day CN¥- CN¥- ▲ +968 days
2011 471 days CN¥632.24 Million CN¥1.34 Million/day CN¥- CN¥- ▲ +172 days
2010 299 days CN¥218.00 Million CN¥729.43K/day CN¥- CN¥- ▼ -11 days
2009 310 days CN¥96.83 Million CN¥312.81K/day CN¥- CN¥- ▼ -238 days
2008 548 days CN¥102.76 Million CN¥187.62K/day CN¥- CN¥- ▲ +85 days
2007 463 days CN¥60.89 Million CN¥131.55K/day CN¥- CN¥- ▼ -37 days
2006 499 days CN¥64.67 Million CN¥129.48K/day CN¥- CN¥- ▼ -82 days
2005 581 days CN¥39.22 Million CN¥67.45K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)