BIDV Insurance Corp (BIC) — Defensive Interval Ratio

Latest as of June 2023: 352 days

BIDV Insurance Corp (BIC) has a Defensive Interval Ratio of 352 days as of June 2023. Defensive assets of ₫4.81 Trillion (cash ₫-, short-term investments ₫4.77 Trillion, receivables ₫44.85 Billion) cover 352 days of daily cash needs of ₫13.65 Billion/day. Check how tangible is BIDV Insurance Corp's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

352 days
Days of operational coverage

Defensive Assets

₫4.81 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

₫13.65 Billion
Current Liabilities ÷ 365

Current Liabilities

₫4.98 Trillion
VND

BIDV Insurance Corp Defensive Interval Ratio (2019–2022)

This chart shows how BIDV Insurance Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of June 2023, the ratio stands at 352 days, meaning defensive assets of ₫4.81 Trillion can fund 352 days of operations without new revenue. Also explore BIDV Insurance Corp annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for BIDV Insurance Corp (2019–2022)

The table below presents the year-by-year Defensive Interval Ratio for BIDV Insurance Corp from 2019 to 2022, covering 4 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 how much is BIDV Insurance Corp worth.

Year DIR (days) Defensive Assets (VND) Daily Cash Need Cash ST Investments Change (days)
2022 411 days ₫4.57 Trillion ₫11.11 Billion/day ₫- ₫4.23 Trillion ▼ -12 days
2021 423 days ₫4.01 Trillion ₫9.48 Billion/day ₫- ₫3.69 Trillion ▲ +64 days
2020 360 days ₫3.34 Trillion ₫9.29 Billion/day ₫- ₫2.93 Trillion ▲ +87 days
2019 273 days ₫2.43 Trillion ₫8.91 Billion/day ₫- ₫2.40 Trillion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)