Libra Insurance Company Ltd (LBRA) — Defensive Interval Ratio

Latest as of December 2022: 13010 days

Libra Insurance Company Ltd (LBRA) has a Defensive Interval Ratio of 13010 days as of December 2022. Defensive assets of ILA127.89 Million (cash ILA-, short-term investments ILA-, receivables ILA127.89 Million) cover 13010 days of daily cash needs of ILA9.83K/day.

Defensive Interval Ratio

13010 days
Days of operational coverage

Defensive Assets

ILA127.89 Million
Cash + ST Investments + Receivables

Daily Cash Need

ILA9.83K
Current Liabilities ÷ 365

Current Liabilities

ILA3.59 Million
ILA

Libra Insurance Company Ltd Defensive Interval Ratio (2019–2024)

This chart shows how Libra Insurance Company Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of December 2022, the ratio stands at 13010 days, meaning defensive assets of ILA127.89 Million can fund 13010 days of operations without new revenue. For the complete balance sheet picture, see Libra Insurance Company Ltd assets under control.

Annual Defensive Interval Ratio for Libra Insurance Company Ltd (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Libra Insurance Company Ltd from 2019 to 2024, covering 6 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 Libra Insurance Company Ltd (LBRA) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (ILA) Daily Cash Need Cash ST Investments Change (days)
2024 114 days ILA230.87 Million ILA2.02 Million/day ILA- ILA221.54 Million ▼ -1333 days
2023 1448 days ILA19.16 Million ILA13.24K/day ILA- ILA- ▼ -11563 days
2022 13010 days ILA127.89 Million ILA9.83K/day ILA- ILA- ▲ +2939 days
2021 10071 days ILA84.54 Million ILA8.39K/day ILA- ILA- ▲ +9982 days
2020 89 days ILA52.37 Million ILA587.57K/day ILA- ILA- ▼ -11485 days
2019 11574 days ILA36.24 Million ILA3.13K/day ILA- ILA-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)