Shinkong Insurance Co Ltd (2850) — Defensive Interval Ratio

Latest as of June 2024: 85 days

Shinkong Insurance Co Ltd (2850) has a Defensive Interval Ratio of 85 days as of June 2024. Defensive assets of NT$3.32 Billion (cash NT$-, short-term investments NT$299.75 Million, receivables NT$3.02 Billion) cover 85 days of daily cash needs of NT$39.15 Million/day. See how liquid is Shinkong Insurance Co Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

85 days
Days of operational coverage

Defensive Assets

NT$3.32 Billion
Cash + ST Investments + Receivables

Daily Cash Need

NT$39.15 Million
Current Liabilities ÷ 365

Current Liabilities

NT$14.29 Billion
TWD

Shinkong Insurance Co Ltd Defensive Interval Ratio (2008–2023)

This chart shows how Shinkong Insurance Co Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2008 to 2023. As of June 2024, the ratio stands at 85 days, meaning defensive assets of NT$3.32 Billion can fund 85 days of operations without new revenue. See debt-free asset ratio of Shinkong Insurance Co Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Shinkong Insurance Co Ltd (2008–2023)

The table below presents the year-by-year Defensive Interval Ratio for Shinkong Insurance Co Ltd from 2008 to 2023, covering 14 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 Shinkong Insurance Co Ltd market cap and net worth.

Year DIR (days) Defensive Assets (TWD) Daily Cash Need Cash ST Investments Change (days)
2023 121 days NT$3.56 Billion NT$29.33 Million/day NT$- NT$1.36 Billion ▼ -279 days
2022 400 days NT$2.95 Billion NT$7.37 Million/day NT$- NT$1.35 Billion ▼ -20 days
2021 420 days NT$3.33 Billion NT$7.93 Million/day NT$- NT$1.39 Billion ▼ -55 days
2020 475 days NT$3.18 Billion NT$6.68 Million/day NT$- NT$1.32 Billion ▲ +44 days
2019 432 days NT$3.20 Billion NT$7.40 Million/day NT$- NT$1.35 Billion ▼ -14 days
2018 446 days NT$2.77 Billion NT$6.20 Million/day NT$- NT$885.83 Million ▼ -944 days
2017 1390 days NT$9.58 Billion NT$6.89 Million/day NT$- NT$7.99 Billion ▼ -119 days
2016 1509 days NT$8.36 Billion NT$5.54 Million/day NT$- NT$6.96 Billion ▼ -157 days
2015 1665 days NT$8.23 Billion NT$4.94 Million/day NT$- NT$6.49 Billion ▲ +1272 days
2014 394 days NT$1.90 Billion NT$4.81 Million/day NT$- NT$20.00 Million ▼ -1133 days
2013 1526 days NT$6.76 Billion NT$4.43 Million/day NT$- NT$5.13 Billion ▼ -999 days
2010 2525 days NT$5.84 Billion NT$2.31 Million/day NT$- NT$5.84 Billion ▲ +495 days
2009 2030 days NT$5.01 Billion NT$2.47 Million/day NT$- NT$5.01 Billion ▼ -9018 days
2008 11048 days NT$2.81 Billion NT$253.98K/day NT$- NT$2.81 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)