Central Reinsurance Corp (2851) — Defensive Interval Ratio

Latest as of June 2024: 93 days

Central Reinsurance Corp (2851) has a Defensive Interval Ratio of 93 days as of June 2024. Defensive assets of NT$6.47 Billion (cash NT$-, short-term investments NT$6.15 Billion, receivables NT$324.38 Million) cover 93 days of daily cash needs of NT$69.49 Million/day. Check 2851 tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

93 days
Days of operational coverage

Defensive Assets

NT$6.47 Billion
Cash + ST Investments + Receivables

Daily Cash Need

NT$69.49 Million
Current Liabilities ÷ 365

Current Liabilities

NT$25.36 Billion
TWD

Central Reinsurance Corp Defensive Interval Ratio (2009–2023)

This chart shows how Central Reinsurance Corp's Defensive Interval Ratio has evolved across 13 annual periods from 2009 to 2023. As of June 2024, the ratio stands at 93 days, meaning defensive assets of NT$6.47 Billion can fund 93 days of operations without new revenue. Also explore Central Reinsurance Corp (2851) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Central Reinsurance Corp (2009–2023)

The table below presents the year-by-year Defensive Interval Ratio for Central Reinsurance Corp from 2009 to 2023, 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 Central Reinsurance Corp market capitalisation.

Year DIR (days) Defensive Assets (TWD) Daily Cash Need Cash ST Investments Change (days)
2023 4622 days NT$17.24 Billion NT$3.73 Million/day NT$- NT$16.51 Billion ▼ -7412 days
2022 12033 days NT$19.43 Billion NT$1.61 Million/day NT$- NT$19.01 Billion ▲ +4231 days
2021 7802 days NT$16.18 Billion NT$2.07 Million/day NT$- NT$15.90 Billion ▼ -2839 days
2020 10641 days NT$12.27 Billion NT$1.15 Million/day NT$- NT$11.82 Billion ▲ +2011 days
2019 8629 days NT$10.79 Billion NT$1.25 Million/day NT$- NT$10.47 Billion ▼ -6538 days
2018 15167 days NT$12.87 Billion NT$848.80K/day NT$- NT$12.59 Billion ▲ +10090 days
2017 5077 days NT$5.70 Billion NT$1.12 Million/day NT$- NT$5.42 Billion ▼ -1968 days
2016 7045 days NT$6.12 Billion NT$868.88K/day NT$- NT$6.00 Billion ▲ +3508 days
2015 3537 days NT$4.12 Billion NT$1.16 Million/day NT$- NT$3.80 Billion ▲ +3200 days
2014 337 days NT$533.24 Million NT$1.58 Million/day NT$- NT$- ▼ -4541 days
2013 4878 days NT$5.26 Billion NT$1.08 Million/day NT$- NT$4.97 Billion ▲ +3001 days
2010 1877 days NT$5.50 Billion NT$2.93 Million/day NT$- NT$5.50 Billion ▲ +502 days
2009 1375 days NT$3.92 Billion NT$2.85 Million/day NT$- NT$3.92 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)