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. Check 601318 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. Also explore net asset momentum of Ping An Insurance Group Co of China Ltd to track the company's year-over-year net asset growth rate.
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. For live market cap and the full company financial profile, see Ping An Insurance Group Co of China Ltd market cap and net worth.
| 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 | — |