Bank of Communications Co (601328) — Defensive Interval Ratio

Latest as of June 2024: -148 days

Bank of Communications Co (601328) has a Defensive Interval Ratio of -148 days as of June 2024. Defensive assets of CN¥-2.21 Trillion (cash CN¥-, short-term investments CN¥-2.21 Trillion, receivables CN¥-) cover -148 days of daily cash needs of CN¥14.94 Billion/day. Check 601328 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

-148 days
Days of operational coverage

Defensive Assets

CN¥-2.21 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥14.94 Billion
Current Liabilities ÷ 365

Current Liabilities

CN¥5.45 Trillion
CNY

Bank of Communications Co Defensive Interval Ratio (2003–2023)

This chart shows how Bank of Communications Co's Defensive Interval Ratio has evolved across 19 annual periods from 2003 to 2023. As of June 2024, the ratio stands at -148 days, meaning defensive assets of CN¥-2.21 Trillion can fund -148 days of operations without new revenue. Also explore Bank of Communications Co annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Bank of Communications Co (2003–2023)

The table below presents the year-by-year Defensive Interval Ratio for Bank of Communications Co from 2003 to 2023, covering 19 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 market cap of Bank of Communications Co.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2023 -168 days CN¥-1.54 Trillion CN¥9.21 Billion/day CN¥- CN¥-1.54 Trillion ▼ -181 days
2021 13 days CN¥182.39 Billion CN¥13.88 Billion/day CN¥- CN¥- ▼ -2 days
2020 16 days CN¥201.16 Billion CN¥12.92 Billion/day CN¥- CN¥- ▼ -16 days
2018 31 days CN¥401.47 Billion CN¥12.77 Billion/day CN¥- CN¥373.57 Billion ▼ -4261 days
2017 4293 days CN¥1.09 Trillion CN¥253.64 Million/day CN¥- CN¥380.13 Billion ▼ -1339 days
2016 5631 days CN¥1.23 Trillion CN¥218.18 Million/day CN¥- CN¥608.00 Billion ▲ +3373 days
2015 2258 days CN¥460.30 Billion CN¥203.86 Million/day CN¥- CN¥433.10 Billion ▼ -4764 days
2014 7022 days CN¥1.36 Trillion CN¥194.22 Million/day CN¥- CN¥1.12 Trillion ▼ -1240 days
2013 8262 days CN¥1.35 Trillion CN¥163.87 Million/day CN¥- CN¥1.20 Trillion ▲ +445 days
2012 7817 days CN¥1.09 Trillion CN¥139.06 Million/day CN¥- CN¥1.03 Trillion ▼ -2573 days
2011 10390 days CN¥1.11 Trillion CN¥106.99 Million/day CN¥- CN¥1.06 Trillion ▲ +903 days
2010 9487 days CN¥850.35 Billion CN¥89.63 Million/day CN¥- CN¥792.58 Billion ▲ +1270 days
2009 8218 days CN¥566.36 Billion CN¥68.92 Million/day CN¥- CN¥445.87 Billion ▼ -1137 days
2008 9355 days CN¥570.50 Billion CN¥60.98 Million/day CN¥- CN¥467.96 Billion ▼ -109 days
2007 9464 days CN¥330.74 Billion CN¥34.95 Million/day CN¥- CN¥321.48 Billion ▲ +9208 days
2006 255 days CN¥6.10 Billion CN¥23.91 Million/day CN¥- CN¥- ▲ +27 days
2005 228 days CN¥5.02 Billion CN¥21.98 Million/day CN¥- CN¥- ▲ +16 days
2004 213 days CN¥3.85 Billion CN¥18.07 Million/day CN¥- CN¥- ▼ -459 days
2003 672 days CN¥10.14 Billion CN¥15.08 Million/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)