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. Check tangible net worth ratio of BaoMinh Insurance Corp to evaluate the tangible quality of the company's equity base.

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. Also explore BaoMinh Insurance Corp net asset momentum to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see BaoMinh Insurance Corp (BMI) total market value.

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)