Bluescope Steel Ltd (BSL) — Defensive Interval Ratio

Latest as of December 2025: 361 days

Bluescope Steel Ltd (BSL) has a Defensive Interval Ratio of 361 days as of December 2025. Defensive assets of AU$2.71 Billion (cash AU$1.08 Billion, short-term investments AU$-, receivables AU$1.63 Billion) cover 361 days of daily cash needs of AU$7.49 Million/day. Check Bluescope Steel Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

361 days

Days of operational coverage

Defensive Assets

AU$2.71 Billion

Cash + ST Investments + Receivables

Daily Cash Need

AU$7.49 Million

Current Liabilities ÷ 365

Current Liabilities

AU$2.73 Billion

AUD

Bluescope Steel Ltd Defensive Interval Ratio (2002–2025)

This chart shows how Bluescope Steel Ltd's Defensive Interval Ratio has evolved across 24 annual periods from 2002 to 2025. As of December 2025, the ratio stands at 361 days, meaning defensive assets of AU$2.71 Billion can fund 361 days of operations without new revenue. Also explore BSL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Bluescope Steel Ltd (2002–2025)

The table below presents the year-by-year Defensive Interval Ratio for Bluescope Steel Ltd from 2002 to 2025, covering 24 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 BSL stock market capitalisation.

Year	DIR (days)	Defensive Assets (AUD)	Daily Cash Need	Cash	ST Investments	Change (days)
2025	211 days	AU$1.75 Billion	AU$8.30 Million/day	AU$-	AU$-	▲ +17 days
2024	194 days	AU$1.64 Billion	AU$8.46 Million/day	AU$-	AU$47.50 Million	▼ -1 days
2023	195 days	AU$1.86 Billion	AU$9.52 Million/day	AU$2.50 Million	AU$-	▲ +31 days
2022	164 days	AU$2.14 Billion	AU$12.99 Million/day	AU$2.00 Million	AU$-	▼ -15 days
2021	179 days	AU$1.61 Billion	AU$8.99 Million/day	AU$1.70 Million	AU$-	▲ +21 days
2020	158 days	AU$1.10 Billion	AU$6.96 Million/day	AU$1.50 Million	AU$-	▲ +4 days
2019	155 days	AU$1.23 Billion	AU$7.94 Million/day	AU$1.50 Million	AU$-	▼ -28 days
2018	183 days	AU$1.31 Billion	AU$7.15 Million/day	AU$3.10 Million	AU$-	▲ +7 days
2017	175 days	AU$1.18 Billion	AU$6.71 Million/day	AU$2.90 Million	AU$2.00 Million	▲ +1 days
2016	175 days	AU$1.09 Billion	AU$6.26 Million/day	AU$-	AU$5.10 Million	▼ -24 days
2015	198 days	AU$1.09 Billion	AU$5.49 Million/day	AU$-	AU$1.40 Million	▼ -3 days
2014	201 days	AU$1.06 Billion	AU$5.29 Million/day	AU$-	AU$-	▼ -7 days
2013	208 days	AU$952.70 Million	AU$4.57 Million/day	AU$-	AU$400.00K	▲ +15 days
2012	193 days	AU$952.90 Million	AU$4.94 Million/day	AU$-	AU$-	▼ -7 days
2011	200 days	AU$1.03 Billion	AU$5.15 Million/day	AU$-	AU$-	▼ -37 days
2010	237 days	AU$1.17 Billion	AU$4.94 Million/day	AU$-	AU$-	▲ +25 days
2009	212 days	AU$976.80 Million	AU$4.60 Million/day	AU$-	AU$-	▲ +36 days
2008	176 days	AU$1.50 Billion	AU$8.55 Million/day	AU$-	AU$4.90 Million	▼ -36 days
2007	211 days	AU$1.23 Billion	AU$5.81 Million/day	AU$-	AU$7.70 Million	▼ -2 days
2006	213 days	AU$1.32 Billion	AU$6.19 Million/day	AU$-	AU$200.00K	▼ -25 days
2005	238 days	AU$1.05 Billion	AU$4.42 Million/day	AU$-	AU$-	▲ +24 days
2004	215 days	AU$991.40 Million	AU$4.62 Million/day	AU$-	AU$2.20 Million	▼ -28 days
2003	242 days	AU$643.70 Million	AU$2.66 Million/day	AU$-	AU$4.10 Million	▼ -39 days
2002	282 days	AU$2.10 Billion	AU$7.46 Million/day	AU$-	AU$2.20 Million	—

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