People's Insurance of China Ltd (601319) — Defensive Interval Ratio

Latest as of September 2024: 1116 days

People's Insurance of China Ltd (601319) has a Defensive Interval Ratio of 1116 days as of September 2024. Defensive assets of CN¥479.00 Billion (cash CN¥-, short-term investments CN¥479.00 Billion, receivables CN¥-) cover 1116 days of daily cash needs of CN¥429.30 Million/day. See People's Insurance of China Ltd (601319) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1116 days
Days of operational coverage

Defensive Assets

CN¥479.00 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥429.30 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥156.69 Billion
CNY

People's Insurance of China Ltd Defensive Interval Ratio (2015–2024)

This chart shows how People's Insurance of China Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of September 2024, the ratio stands at 1116 days, meaning defensive assets of CN¥479.00 Billion can fund 1116 days of operations without new revenue. See debt-free asset ratio of People's Insurance of China Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for People's Insurance of China Ltd (2015–2024)

The table below presents the year-by-year Defensive Interval Ratio for People's Insurance of China Ltd from 2015 to 2024, covering 10 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 how much is People's Insurance of China Ltd worth.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2024 1220 days CN¥650.74 Billion CN¥533.51 Million/day CN¥- CN¥639.36 Billion ▲ +214 days
2023 1006 days CN¥440.55 Billion CN¥438.08 Million/day CN¥- CN¥435.26 Billion ▼ -4705 days
2022 5711 days CN¥848.73 Billion CN¥148.62 Million/day CN¥- CN¥755.98 Billion ▼ -59 days
2021 5769 days CN¥770.30 Billion CN¥133.52 Million/day CN¥- CN¥699.45 Billion ▲ +5371 days
2020 398 days CN¥55.10 Billion CN¥138.43 Million/day CN¥- CN¥- ▲ +55 days
2019 343 days CN¥40.65 Billion CN¥118.54 Million/day CN¥- CN¥- ▼ -236 days
2018 579 days CN¥54.36 Billion CN¥93.82 Million/day CN¥- CN¥23.05 Billion ▼ -13 days
2017 592 days CN¥63.32 Billion CN¥106.94 Million/day CN¥- CN¥43.29 Billion ▼ -957 days
2016 1549 days CN¥41.68 Billion CN¥26.90 Million/day CN¥- CN¥6.92 Billion ▲ +595 days
2015 954 days CN¥31.92 Billion CN¥33.45 Million/day CN¥- CN¥15.86 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)