BaoMinh Insurance Corp (BMI) — Defensive Interval Ratio

Latest as of June 2023: 281 days

BaoMinh Insurance Corp (BMI) has a Defensive Interval Ratio of 281 days as of June 2023. Defensive assets of ₫3.39 Trillion (cash ₫-, short-term investments ₫3.20 Trillion, receivables ₫188.72 Billion) cover 281 days of daily cash needs of ₫12.08 Billion/day.

Defensive Interval Ratio

281 days
Days of operational coverage

Defensive Assets

₫3.39 Trillion
Cash + ST Investments + Receivables

Daily Cash Need

₫12.08 Billion
Current Liabilities ÷ 365

Current Liabilities

₫4.41 Trillion
VND

BaoMinh Insurance Corp Defensive Interval Ratio (2019–2022)

This chart shows how BaoMinh Insurance Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of June 2023, the ratio stands at 281 days, meaning defensive assets of ₫3.39 Trillion can fund 281 days of operations without new revenue. For the complete balance sheet picture, see BaoMinh Insurance Corp assets under control.

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

The table below presents the year-by-year Defensive Interval Ratio for BaoMinh 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. See working capital to net assets of BaoMinh Insurance Corp to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (VND) Daily Cash Need Cash ST Investments Change (days)
2022 302 days ₫3.82 Trillion ₫12.65 Billion/day ₫- ₫3.28 Trillion ▲ +46 days
2021 255 days ₫3.54 Trillion ₫13.84 Billion/day ₫- ₫3.11 Trillion ▼ -22 days
2020 277 days ₫3.23 Trillion ₫11.64 Billion/day ₫- ₫2.43 Trillion ▲ +30 days
2019 247 days ₫2.33 Trillion ₫9.43 Billion/day ₫- ₫2.11 Trillion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)