Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd (601528) — Defensive Interval Ratio

Latest as of March 2024: -33 days

Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd (601528) has a Defensive Interval Ratio of -33 days as of March 2024. Defensive assets of CN¥-5.34 Billion (cash CN¥-, short-term investments CN¥-5.34 Billion, receivables CN¥-) cover -33 days of daily cash needs of CN¥162.69 Million/day. See 601528 current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

-33 days
Days of operational coverage

Defensive Assets

CN¥-5.34 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥162.69 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥59.38 Billion
CNY

Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd Defensive Interval Ratio (2010–2023)

This chart shows how Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd's Defensive Interval Ratio has evolved across 10 annual periods from 2010 to 2023. As of March 2024, the ratio stands at -33 days, meaning defensive assets of CN¥-5.34 Billion can fund -33 days of operations without new revenue. See how leveraged is Zhejiang Shaoxing RuiFeng Rural Commerci's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd (2010–2023)

The table below presents the year-by-year Defensive Interval Ratio for Zhejiang Shaoxing RuiFeng Rural Commercial Bank Co Ltd from 2010 to 2023, 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 market cap of Zhejiang Shaoxing RuiFeng Rural Commerci.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2023 -82 days CN¥-11.10 Billion CN¥135.84 Million/day CN¥- CN¥-11.10 Billion ▼ -2593 days
2018 2511 days CN¥9.13 Billion CN¥3.64 Million/day CN¥- CN¥- ▼ -2300 days
2017 4811 days CN¥15.43 Billion CN¥3.21 Million/day CN¥- CN¥- ▲ +431 days
2016 4379 days CN¥13.00 Billion CN¥2.97 Million/day CN¥- CN¥- ▲ +719 days
2015 3661 days CN¥9.52 Billion CN¥2.60 Million/day CN¥- CN¥- ▲ +2957 days
2014 704 days CN¥1.59 Billion CN¥2.25 Million/day CN¥- CN¥- ▲ +494 days
2013 209 days CN¥383.34 Million CN¥1.83 Million/day CN¥- CN¥- ▲ +30 days
2012 179 days CN¥297.36 Million CN¥1.66 Million/day CN¥- CN¥- ▼ -18 days
2011 198 days CN¥253.64 Million CN¥1.28 Million/day CN¥- CN¥- ▼ -154 days
2010 352 days CN¥319.34 Million CN¥908.27K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)