Ping An Insurance Group Co of China Ltd (601318) — Defensive Interval Ratio
Ping An Insurance Group Co of China Ltd (601318) has a Defensive Interval Ratio of 38 days as of June 2023. Defensive assets of CN¥217.99 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥217.99 Billion) cover 38 days of daily cash needs of CN¥5.77 Billion/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ping An Insurance Group Co of China Ltd Defensive Interval Ratio (2015–2022)
This chart shows how Ping An Insurance Group Co of China Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2015 to 2022. As of June 2023, the ratio stands at 38 days, meaning defensive assets of CN¥217.99 Billion can fund 38 days of operations without new revenue. For the complete balance sheet picture, see Ping An Insurance Group Co of China Ltd total assets.
Annual Defensive Interval Ratio for Ping An Insurance Group Co of China Ltd (2015–2022)
The table below presents the year-by-year Defensive Interval Ratio for Ping An Insurance Group Co of China Ltd from 2015 to 2022, covering 8 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Ping An Insurance Group Co of China Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 37 days | CN¥222.98 Billion | CN¥5.99 Billion/day | CN¥- | CN¥- | ▼ -30 days |
| 2021 | 68 days | CN¥350.29 Billion | CN¥5.18 Billion/day | CN¥- | CN¥- | ▲ +5 days |
| 2020 | 63 days | CN¥354.29 Billion | CN¥5.62 Billion/day | CN¥- | CN¥- | ▼ -38 days |
| 2019 | 101 days | CN¥420.61 Billion | CN¥4.14 Billion/day | CN¥- | CN¥96.46 Billion | ▲ +29 days |
| 2018 | 72 days | CN¥372.68 Billion | CN¥5.16 Billion/day | CN¥- | CN¥92.95 Billion | ▼ -169 days |
| 2017 | 241 days | CN¥1.08 Trillion | CN¥4.47 Billion/day | CN¥- | CN¥775.10 Billion | ▲ +59 days |
| 2016 | 183 days | CN¥745.54 Billion | CN¥4.07 Billion/day | CN¥- | CN¥537.24 Billion | ▼ -77 days |
| 2015 | 260 days | CN¥691.93 Billion | CN¥2.66 Billion/day | CN¥- | CN¥516.36 Billion | — |