Cathay Financial Holding Co Ltd Pref A (2882A) — Defensive Interval Ratio

Latest as of June 2023: 44 days

Cathay Financial Holding Co Ltd Pref A (2882A) has a Defensive Interval Ratio of 44 days as of June 2023. Defensive assets of NT$323.08 Billion (cash NT$-, short-term investments NT$-, receivables NT$323.08 Billion) cover 44 days of daily cash needs of NT$7.35 Billion/day. Check 2882A intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

44 days
Days of operational coverage

Defensive Assets

NT$323.08 Billion
Cash + ST Investments + Receivables

Daily Cash Need

NT$7.35 Billion
Current Liabilities ÷ 365

Current Liabilities

NT$2.68 Trillion
TWD

Cathay Financial Holding Co Ltd Pref A Defensive Interval Ratio (2017–2022)

This chart shows how Cathay Financial Holding Co Ltd Pref A's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of June 2023, the ratio stands at 44 days, meaning defensive assets of NT$323.08 Billion can fund 44 days of operations without new revenue. Also explore Cathay Financial Holding Co Ltd Pref A net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Cathay Financial Holding Co Ltd Pref A (2017–2022)

The table below presents the year-by-year Defensive Interval Ratio for Cathay Financial Holding Co Ltd Pref A 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 Cathay Financial Holding Co Ltd Pref A (2882A) total market value.

Year DIR (days) Defensive Assets (TWD) Daily Cash Need Cash ST Investments Change (days)
2022 45 days NT$319.70 Billion NT$7.15 Billion/day NT$- NT$- ▲ +21 days
2021 24 days NT$161.06 Billion NT$6.69 Billion/day NT$- NT$- ▼ -13 days
2020 37 days NT$223.54 Billion NT$5.97 Billion/day NT$- NT$- ▲ +9 days
2019 28 days NT$139.98 Billion NT$4.95 Billion/day NT$- NT$- ▼ -10 days
2018 38 days NT$175.63 Billion NT$4.60 Billion/day NT$- NT$- ▼ 0 days
2017 39 days NT$181.68 Billion NT$4.72 Billion/day NT$- NT$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)