Agricultural Bank of China Ltd Class A (601288) — Defensive Interval Ratio

Latest as of June 2023: 2 days

Agricultural Bank of China Ltd Class A (601288) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of CN¥194.85 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥194.85 Billion) cover 2 days of daily cash needs of CN¥95.06 Billion/day. See working capital to net assets of Agricultural Bank of China Ltd Class A to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

CN¥194.85 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥95.06 Billion
Current Liabilities ÷ 365

Current Liabilities

CN¥34.70 Trillion
CNY

Agricultural Bank of China Ltd Class A Defensive Interval Ratio (2015–2021)

This chart shows how Agricultural Bank of China Ltd Class A's Defensive Interval Ratio has evolved across 7 annual periods from 2015 to 2021. As of June 2023, the ratio stands at 2 days, meaning defensive assets of CN¥194.85 Billion can fund 2 days of operations without new revenue. See net asset quality index of Agricultural Bank of China Ltd Class A to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Agricultural Bank of China Ltd Class A (2015–2021)

The table below presents the year-by-year Defensive Interval Ratio for Agricultural Bank of China Ltd Class A from 2015 to 2021, covering 7 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 601288 company net worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2021 1 days CN¥75.83 Billion CN¥64.51 Billion/day CN¥- CN¥- ▼ 0 days
2020 1 days CN¥98.27 Billion CN¥66.87 Billion/day CN¥- CN¥- ▲ +0 days
2019 1 days CN¥78.77 Billion CN¥61.38 Billion/day CN¥- CN¥- ▼ -18 days
2018 19 days CN¥1.08 Trillion CN¥55.49 Billion/day CN¥- CN¥1.02 Trillion ▼ -18 days
2017 38 days CN¥1.95 Trillion CN¥51.90 Billion/day CN¥- CN¥1.17 Trillion ▼ -7 days
2016 44 days CN¥2.17 Trillion CN¥49.17 Billion/day CN¥- CN¥1.44 Trillion ▼ -8 days
2015 52 days CN¥2.34 Trillion CN¥44.60 Billion/day CN¥- CN¥1.68 Trillion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)