Taishin Financial Holding Co Ltd Pref (2887E) — Defensive Interval Ratio

Latest as of June 2023: 2 days

Taishin Financial Holding Co Ltd Pref (2887E) has a Defensive Interval Ratio of 2 days as of June 2023. Defensive assets of NT$10.97 Billion (cash NT$-, short-term investments NT$-, receivables NT$10.97 Billion) cover 2 days of daily cash needs of NT$6.05 Billion/day. See Taishin Financial Holding Co Ltd Pref working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

NT$10.97 Billion
Cash + ST Investments + Receivables

Daily Cash Need

NT$6.05 Billion
Current Liabilities ÷ 365

Current Liabilities

NT$2.21 Trillion
TWD

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

This chart shows how Taishin Financial Holding Co Ltd Pref's Defensive Interval Ratio has evolved across 6 annual periods from 2017 to 2022. As of June 2023, the ratio stands at 2 days, meaning defensive assets of NT$10.97 Billion can fund 2 days of operations without new revenue. See 2887E net asset quality score to measure how much of total assets are equity-financed.

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

The table below presents the year-by-year Defensive Interval Ratio for Taishin Financial Holding Co Ltd 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 2887E stock market capitalisation.

Year DIR (days) Defensive Assets (TWD) Daily Cash Need Cash ST Investments Change (days)
2022 2 days NT$13.59 Billion NT$5.77 Billion/day NT$- NT$- ▼ -2 days
2021 4 days NT$22.14 Billion NT$5.23 Billion/day NT$- NT$- ▲ +2 days
2020 2 days NT$11.64 Billion NT$4.99 Billion/day NT$- NT$- ▲ +1 days
2019 2 days NT$7.29 Billion NT$4.31 Billion/day NT$- NT$- ▼ -2 days
2018 4 days NT$14.11 Billion NT$3.80 Billion/day NT$- NT$- ▼ 0 days
2017 4 days NT$14.04 Billion NT$3.62 Billion/day NT$- NT$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)