Industrial and Commercial Bank of China Ltd (601398) — Defensive Interval Ratio

Latest as of June 2023: 0 days

Industrial and Commercial Bank of China Ltd (601398) has a Defensive Interval Ratio of 0 days as of June 2023. Defensive assets of CN¥19.54 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥19.54 Billion) cover 0 days of daily cash needs of CN¥105.17 Billion/day. Check Industrial and Commercial Bank of China (601398) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

CN¥19.54 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥105.17 Billion
Current Liabilities ÷ 365

Current Liabilities

CN¥38.39 Trillion
CNY

Industrial and Commercial Bank of China Ltd Defensive Interval Ratio (2015–2025)

This chart shows how Industrial and Commercial Bank of China Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2015 to 2025. As of June 2023, the ratio stands at 0 days, meaning defensive assets of CN¥19.54 Billion can fund 0 days of operations without new revenue. Also explore Industrial and Commercial Bank of China (601398) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Industrial and Commercial Bank of China Ltd (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Industrial and Commercial Bank of China Ltd from 2015 to 2025, 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 601398 stock market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2025 116 days CN¥1.27 Trillion CN¥10.94 Billion/day CN¥- CN¥1.06 Trillion ▲ +116 days
2020 0 days CN¥26.64 Billion CN¥80.22 Billion/day CN¥- CN¥- ▼ -23 days
2019 23 days CN¥1.66 Trillion CN¥71.48 Billion/day CN¥- CN¥845.19 Billion ▲ +5 days
2018 18 days CN¥1.21 Trillion CN¥66.51 Billion/day CN¥- CN¥1.18 Trillion ▼ -8 days
2017 26 days CN¥1.62 Trillion CN¥63.05 Billion/day CN¥- CN¥1.35 Trillion ▲ +3 days
2016 23 days CN¥1.33 Trillion CN¥57.78 Billion/day CN¥- CN¥1.03 Trillion ▼ -7 days
2015 30 days CN¥1.58 Trillion CN¥53.50 Billion/day CN¥- CN¥1.23 Trillion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)