Union Insurance Co Ltd (2816) — Defensive Interval Ratio

Latest as of December 2024: 242 days

Union Insurance Co Ltd (2816) has a Defensive Interval Ratio of 242 days as of December 2024. Defensive assets of NT$3.53 Billion (cash NT$-, short-term investments NT$2.88 Billion, receivables NT$653.10 Million) cover 242 days of daily cash needs of NT$14.58 Million/day. Check how tangible is Union Insurance Co Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

242 days
Days of operational coverage

Defensive Assets

NT$3.53 Billion
Cash + ST Investments + Receivables

Daily Cash Need

NT$14.58 Million
Current Liabilities ÷ 365

Current Liabilities

NT$5.32 Billion
TWD

Union Insurance Co Ltd Defensive Interval Ratio (2012–2024)

This chart shows how Union Insurance Co Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of December 2024, the ratio stands at 242 days, meaning defensive assets of NT$3.53 Billion can fund 242 days of operations without new revenue. Also explore net asset growth rate of Union Insurance Co Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Union Insurance Co Ltd (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Union Insurance Co Ltd from 2012 to 2024, covering 13 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 Union Insurance Co Ltd market capitalisation.

Year DIR (days) Defensive Assets (TWD) Daily Cash Need Cash ST Investments Change (days)
2024 242 days NT$3.53 Billion NT$14.58 Million/day NT$- NT$2.88 Billion ▲ +25 days
2023 217 days NT$2.91 Billion NT$13.42 Million/day NT$- NT$2.35 Billion ▼ -645 days
2022 862 days NT$2.76 Billion NT$3.20 Million/day NT$- NT$2.14 Billion ▲ +47 days
2021 814 days NT$2.76 Billion NT$3.39 Million/day NT$- NT$2.08 Billion ▼ -64 days
2020 878 days NT$3.02 Billion NT$3.44 Million/day NT$- NT$2.36 Billion ▲ +105 days
2019 773 days NT$2.72 Billion NT$3.52 Million/day NT$- NT$1.86 Billion ▲ +212 days
2018 562 days NT$1.88 Billion NT$3.36 Million/day NT$- NT$987.12 Million ▼ -52 days
2017 613 days NT$2.14 Billion NT$3.48 Million/day NT$- NT$1.40 Billion ▲ +8 days
2016 605 days NT$1.98 Billion NT$3.28 Million/day NT$- NT$1.31 Billion ▲ +203 days
2015 402 days NT$1.29 Billion NT$3.22 Million/day NT$- NT$512.12 Million ▼ -408 days
2014 810 days NT$2.27 Billion NT$2.81 Million/day NT$- NT$1.51 Billion ▲ +4 days
2013 806 days NT$2.16 Billion NT$2.68 Million/day NT$- NT$1.35 Billion ▲ +568 days
2012 238 days NT$606.26 Million NT$2.55 Million/day NT$- NT$606.26 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)