Air New Zealand Ltd (AIZ) — Defensive Interval Ratio

Latest as of December 2025: 52 days

Air New Zealand Ltd (AIZ) has a Defensive Interval Ratio of 52 days as of December 2025. Defensive assets of AU$589.10 Million (cash AU$-, short-term investments AU$-, receivables AU$589.10 Million) cover 52 days of daily cash needs of AU$11.37 Million/day. Check Air New Zealand Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

52 days

Days of operational coverage

Defensive Assets

AU$589.10 Million

Cash + ST Investments + Receivables

Daily Cash Need

AU$11.37 Million

Current Liabilities ÷ 365

Current Liabilities

AU$4.15 Billion

AUD

Air New Zealand Ltd Defensive Interval Ratio (1998–2025)

This chart shows how Air New Zealand Ltd's Defensive Interval Ratio has evolved across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 52 days, meaning defensive assets of AU$589.10 Million can fund 52 days of operations without new revenue. Also explore Air New Zealand Ltd net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Air New Zealand Ltd (1998–2025)

The table below presents the year-by-year Defensive Interval Ratio for Air New Zealand Ltd from 1998 to 2025, covering 28 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 AIZ company net worth.

Year	DIR (days)	Defensive Assets (AUD)	Daily Cash Need	Cash	ST Investments	Change (days)
2025	153 days	AU$1.71 Billion	AU$11.18 Million/day	AU$-	AU$1.34 Billion	▼ -9 days
2024	162 days	AU$1.59 Billion	AU$9.86 Million/day	AU$-	AU$1.14 Billion	▼ -80 days
2023	242 days	AU$2.55 Billion	AU$10.51 Million/day	AU$-	AU$2.12 Billion	▲ +8 days
2022	234 days	AU$2.03 Billion	AU$8.69 Million/day	AU$-	AU$1.72 Billion	▲ +170 days
2021	64 days	AU$414.00 Million	AU$6.45 Million/day	AU$-	AU$222.00 Million	▼ -34 days
2020	99 days	AU$568.00 Million	AU$5.76 Million/day	AU$-	AU$308.00 Million	▼ -88 days
2019	187 days	AU$1.36 Billion	AU$7.30 Million/day	AU$-	AU$923.00 Million	▼ -44 days
2018	231 days	AU$1.71 Billion	AU$7.39 Million/day	AU$-	AU$1.28 Billion	▼ -17 days
2017	248 days	AU$1.63 Billion	AU$6.59 Million/day	AU$-	AU$1.34 Billion	▼ -29 days
2016	277 days	AU$1.87 Billion	AU$6.77 Million/day	AU$-	AU$1.57 Billion	▲ +3 days
2015	274 days	AU$1.60 Billion	AU$5.83 Million/day	AU$-	AU$1.30 Billion	▼ -12 days
2014	285 days	AU$1.46 Billion	AU$5.13 Million/day	AU$-	AU$1.17 Billion	▼ -20 days
2013	305 days	AU$1.43 Billion	AU$4.70 Million/day	AU$-	AU$1.13 Billion	▲ +229 days
2012	76 days	AU$350.00 Million	AU$4.61 Million/day	AU$-	AU$40.00 Million	▲ +11 days
2011	65 days	AU$323.00 Million	AU$4.98 Million/day	AU$-	AU$13.00 Million	▼ -11 days
2010	76 days	AU$334.00 Million	AU$4.40 Million/day	AU$-	AU$62.00 Million	▼ -15 days
2009	91 days	AU$438.00 Million	AU$4.82 Million/day	AU$-	AU$143.00 Million	▼ -35 days
2008	126 days	AU$591.00 Million	AU$4.68 Million/day	AU$-	AU$208.00 Million	▼ -25 days
2007	151 days	AU$568.00 Million	AU$3.76 Million/day	AU$-	AU$-	▲ +52 days
2006	99 days	AU$429.00 Million	AU$4.33 Million/day	AU$-	AU$-	▼ -30 days
2005	129 days	AU$431.00 Million	AU$3.34 Million/day	AU$-	AU$1.00 Million	▼ -17 days
2004	146 days	AU$446.79 Million	AU$3.07 Million/day	AU$-	AU$-	▼ -3 days
2003	148 days	AU$461.16 Million	AU$3.11 Million/day	AU$-	AU$-	▼ -45 days
2002	193 days	AU$660.29 Million	AU$3.42 Million/day	AU$-	AU$-50.00K	▲ +50 days
2001	143 days	AU$1.42 Billion	AU$9.97 Million/day	AU$-	AU$8.77 Million	▲ +23 days
2000	120 days	AU$1.18 Billion	AU$9.86 Million/day	AU$-	AU$3.34 Million	▼ -105 days
1999	225 days	AU$588.02 Million	AU$2.61 Million/day	AU$-	AU$88.33 Million	▼ -15 days
1998	240 days	AU$596.73 Million	AU$2.48 Million/day	AU$-	AU$2.60 Million	—

DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)