BKS Bank AG (BKS) — Defensive Interval Ratio

Latest as of September 2023: 12 days

BKS Bank AG (BKS) has a Defensive Interval Ratio of 12 days as of September 2023. Defensive assets of €217.30 Million (cash €-, short-term investments €-, receivables €217.30 Million) cover 12 days of daily cash needs of €18.76 Million/day. Check BKS Bank AG tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

12 days
Days of operational coverage

Defensive Assets

€217.30 Million
Cash + ST Investments + Receivables

Daily Cash Need

€18.76 Million
Current Liabilities ÷ 365

Current Liabilities

€6.85 Billion
EUR

BKS Bank AG Defensive Interval Ratio (2015–2021)

This chart shows how BKS Bank AG's Defensive Interval Ratio has evolved across 7 annual periods from 2015 to 2021. As of September 2023, the ratio stands at 12 days, meaning defensive assets of €217.30 Million can fund 12 days of operations without new revenue. Also explore BKS Bank AG equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for BKS Bank AG (2015–2021)

The table below presents the year-by-year Defensive Interval Ratio for BKS Bank AG from 2015 to 2021, covering 7 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 BKS stock market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 5 days €94.58 Million €20.67 Million/day €- €- ▼ -10 days
2020 14 days €282.77 Million €19.54 Million/day €- €- ▲ +3 days
2019 12 days €200.22 Million €17.38 Million/day €- €- ▲ +1 days
2018 11 days €176.93 Million €16.60 Million/day €- €- ▲ +4 days
2017 7 days €97.71 Million €14.93 Million/day €- €- ▼ -9 days
2016 15 days €242.35 Million €15.90 Million/day €- €- ▼ -9 days
2015 25 days €363.86 Million €14.72 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)