Bank of Changsha Co Ltd (601577) — Defensive Interval Ratio

Latest as of June 2024: -84 days

Bank of Changsha Co Ltd (601577) has a Defensive Interval Ratio of -84 days as of June 2024. Defensive assets of CN¥-132.74 Billion (cash CN¥-, short-term investments CN¥-132.74 Billion, receivables CN¥-) cover -84 days of daily cash needs of CN¥1.59 Billion/day. Check Bank of Changsha Co Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

-84 days
Days of operational coverage

Defensive Assets

CN¥-132.74 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥1.59 Billion
Current Liabilities ÷ 365

Current Liabilities

CN¥578.92 Billion
CNY

Bank of Changsha Co Ltd Defensive Interval Ratio (2007–2023)

This chart shows how Bank of Changsha Co Ltd's Defensive Interval Ratio has evolved across 17 annual periods from 2007 to 2023. As of June 2024, the ratio stands at -84 days, meaning defensive assets of CN¥-132.74 Billion can fund -84 days of operations without new revenue. Also explore how fast is Bank of Changsha Co Ltd growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Bank of Changsha Co Ltd (2007–2023)

The table below presents the year-by-year Defensive Interval Ratio for Bank of Changsha Co Ltd from 2007 to 2023, covering 17 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 601577 stock market capitalisation.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2023 -71 days CN¥-59.30 Billion CN¥832.14 Million/day CN¥- CN¥-59.30 Billion ▼ -71 days
2022 0 days CN¥226.32 Million CN¥1.32 Billion/day CN¥- CN¥- ▼ 0 days
2021 0 days CN¥287.62 Million CN¥1.23 Billion/day CN¥- CN¥- ▼ 0 days
2020 0 days CN¥328.20 Million CN¥1.11 Billion/day CN¥- CN¥- ▲ +0 days
2019 0 days CN¥108.85 Million CN¥624.65 Million/day CN¥- CN¥- ▼ -957 days
2018 957 days CN¥11.46 Billion CN¥11.98 Million/day CN¥- CN¥11.37 Billion ▲ +86 days
2017 870 days CN¥8.24 Billion CN¥9.47 Million/day CN¥- CN¥8.16 Billion ▼ -133 days
2016 1003 days CN¥7.89 Billion CN¥7.86 Million/day CN¥- CN¥7.85 Billion ▼ -753 days
2015 1756 days CN¥11.17 Billion CN¥6.36 Million/day CN¥- CN¥11.12 Billion ▼ -9952 days
2014 11708 days CN¥56.51 Billion CN¥4.83 Million/day CN¥- CN¥- ▼ -2916 days
2013 14624 days CN¥52.93 Billion CN¥3.62 Million/day CN¥- CN¥- ▲ +7785 days
2012 6838 days CN¥17.69 Billion CN¥2.59 Million/day CN¥- CN¥-27.10 Billion ▲ +14360 days
2011 -7522 days CN¥-10.15 Billion CN¥1.35 Million/day CN¥- CN¥-20.63 Billion ▼ -13492 days
2010 5970 days CN¥4.04 Billion CN¥676.38K/day CN¥- CN¥- ▲ +2586 days
2009 3384 days CN¥2.03 Billion CN¥600.62K/day CN¥- CN¥- ▲ +2492 days
2008 892 days CN¥431.18 Million CN¥483.41K/day CN¥- CN¥- ▼ -198 days
2007 1090 days CN¥300.75 Million CN¥276.01K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)