Bank of China Limited (601988) — Defensive Interval Ratio
Bank of China Limited (601988) has a Defensive Interval Ratio of 11 days as of June 2023. Defensive assets of CN¥813.60 Billion (cash CN¥-, short-term investments CN¥-, receivables CN¥813.60 Billion) cover 11 days of daily cash needs of CN¥74.12 Billion/day. Check Bank of China Limited tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Bank of China Limited Defensive Interval Ratio (2015–2021)
This chart shows how Bank of China Limited's Defensive Interval Ratio has evolved across 7 annual periods from 2015 to 2021. As of June 2023, the ratio stands at 11 days, meaning defensive assets of CN¥813.60 Billion can fund 11 days of operations without new revenue. Also explore net asset momentum of Bank of China Limited to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Bank of China Limited (2015–2021)
The table below presents the year-by-year Defensive Interval Ratio for Bank of China Limited from 2015 to 2021, 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 601988 market cap overview.
| Year | DIR (days) | Defensive Assets (CNY) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 7 days | CN¥377.13 Billion | CN¥57.09 Billion/day | CN¥- | CN¥- | ▼ -2 days |
| 2020 | 9 days | CN¥490.93 Billion | CN¥56.37 Billion/day | CN¥- | CN¥- | ▼ -16 days |
| 2019 | 24 days | CN¥1.28 Trillion | CN¥52.61 Billion/day | CN¥- | CN¥505.29 Billion | ▼ -3 days |
| 2018 | 27 days | CN¥1.33 Trillion | CN¥49.23 Billion/day | CN¥- | CN¥403.89 Billion | ▲ +2 days |
| 2017 | 25 days | CN¥1.13 Trillion | CN¥44.59 Billion/day | CN¥- | CN¥398.27 Billion | ▼ -4 days |
| 2016 | 29 days | CN¥1.24 Trillion | CN¥41.99 Billion/day | CN¥- | CN¥357.20 Billion | ▼ -2 days |
| 2015 | 31 days | CN¥1.24 Trillion | CN¥39.84 Billion/day | CN¥- | CN¥241.24 Billion | — |