Jiangsu Zijin Rural Commercial Bank Co Ltd (601860) — Defensive Interval Ratio

Latest as of June 2024: -129 days

Jiangsu Zijin Rural Commercial Bank Co Ltd (601860) has a Defensive Interval Ratio of -129 days as of June 2024. Defensive assets of CN¥-29.12 Billion (cash CN¥-, short-term investments CN¥-29.12 Billion, receivables CN¥-) cover -129 days of daily cash needs of CN¥226.00 Million/day.

Defensive Interval Ratio

-129 days
Days of operational coverage

Defensive Assets

CN¥-29.12 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CN¥226.00 Million
Current Liabilities ÷ 365

Current Liabilities

CN¥82.49 Billion
CNY

Jiangsu Zijin Rural Commercial Bank Co Ltd Defensive Interval Ratio (2010–2023)

This chart shows how Jiangsu Zijin Rural Commercial Bank Co Ltd's Defensive Interval Ratio has evolved across 12 annual periods from 2010 to 2023. As of June 2024, the ratio stands at -129 days, meaning defensive assets of CN¥-29.12 Billion can fund -129 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Jiangsu Zijin Rural Commercial Bank Co L.

Annual Defensive Interval Ratio for Jiangsu Zijin Rural Commercial Bank Co Ltd (2010–2023)

The table below presents the year-by-year Defensive Interval Ratio for Jiangsu Zijin Rural Commercial Bank Co Ltd from 2010 to 2023, covering 12 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Jiangsu Zijin Rural Commercial Bank Co L working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CNY) Daily Cash Need Cash ST Investments Change (days)
2023 -65 days CN¥-10.33 Billion CN¥159.75 Million/day CN¥- CN¥-10.33 Billion ▼ -65 days
2021 0 days CN¥29.44 Million CN¥225.00 Million/day CN¥- CN¥- ▲ +0 days
2020 0 days CN¥13.66 Million CN¥309.24 Million/day CN¥- CN¥- ▼ 0 days
2019 0 days CN¥51.55 Million CN¥298.56 Million/day CN¥- CN¥- ▲ +0 days
2018 0 days CN¥-227.00K CN¥5.83 Million/day CN¥- CN¥- ▼ 0 days
2017 0 days CN¥517.89K CN¥4.86 Million/day CN¥- CN¥- ▼ -3 days
2016 3 days CN¥13.13 Million CN¥4.50 Million/day CN¥- CN¥- ▼ -85 days
2014 88 days CN¥288.45 Million CN¥3.27 Million/day CN¥- CN¥- ▼ -89 days
2013 177 days CN¥480.11 Million CN¥2.71 Million/day CN¥- CN¥- ▲ +114 days
2012 64 days CN¥130.64 Million CN¥2.05 Million/day CN¥- CN¥- ▲ +43 days
2011 21 days CN¥24.86 Million CN¥1.20 Million/day CN¥- CN¥- ▼ -1746 days
2010 1767 days CN¥1.55 Billion CN¥876.99K/day CN¥- CN¥- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)