Union Bank of Taiwan Pref (2838A) — Defensive Interval Ratio

Latest as of June 2023: 12 days

Union Bank of Taiwan Pref (2838A) has a Defensive Interval Ratio of 12 days as of June 2023. Defensive assets of NT$27.89 Billion (cash NT$-, short-term investments NT$-, receivables NT$27.89 Billion) cover 12 days of daily cash needs of NT$2.24 Billion/day. Check 2838A intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

12 days
Days of operational coverage

Defensive Assets

NT$27.89 Billion
Cash + ST Investments + Receivables

Daily Cash Need

NT$2.24 Billion
Current Liabilities ÷ 365

Current Liabilities

NT$816.48 Billion
TWD

Union Bank of Taiwan Pref Defensive Interval Ratio (2017–2022)

This chart shows how Union Bank of Taiwan Pref's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of June 2023, the ratio stands at 12 days, meaning defensive assets of NT$27.89 Billion can fund 12 days of operations without new revenue. Also explore 2838A year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Union Bank of Taiwan Pref (2017–2022)

The table below presents the year-by-year Defensive Interval Ratio for Union Bank of Taiwan Pref from 2017 to 2022, 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. For live market cap and the full company financial profile, see market cap of Union Bank of Taiwan Pref.

Year DIR (days) Defensive Assets (TWD) Daily Cash Need Cash ST Investments Change (days)
2022 11 days NT$22.47 Billion NT$2.10 Billion/day NT$- NT$- ▲ +0 days
2021 10 days NT$21.27 Billion NT$2.07 Billion/day NT$- NT$- ▼ -1 days
2020 12 days NT$21.55 Billion NT$1.85 Billion/day NT$- NT$- ▲ +1 days
2019 10 days NT$17.65 Billion NT$1.71 Billion/day NT$- NT$- ▲ +0 days
2018 10 days NT$15.70 Billion NT$1.59 Billion/day NT$- NT$- ▼ -1 days
2017 11 days NT$15.46 Billion NT$1.37 Billion/day NT$- NT$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)