Codan Ltd (CDA) — Defensive Interval Ratio
Codan Ltd (CDA) has a Defensive Interval Ratio of 236 days as of December 2025. Defensive assets of AU$121.47 Million (cash AU$-, short-term investments AU$-, receivables AU$121.47 Million) cover 236 days of daily cash needs of AU$514.02K/day. Check Codan Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Codan Ltd Defensive Interval Ratio (2000–2025)
This chart shows how Codan Ltd's Defensive Interval Ratio has evolved across 26 annual periods from 2000 to 2025. As of December 2025, the ratio stands at 236 days, meaning defensive assets of AU$121.47 Million can fund 236 days of operations without new revenue. Also explore Codan Ltd annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Codan Ltd (2000–2025)
The table below presents the year-by-year Defensive Interval Ratio for Codan Ltd from 2000 to 2025, covering 26 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 CDA market cap overview.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 219 days | AU$116.62 Million | AU$531.61K/day | AU$- | AU$- | ▼ -1 days |
| 2024 | 221 days | AU$93.88 Million | AU$425.76K/day | AU$- | AU$- | ▲ +33 days |
| 2023 | 187 days | AU$71.02 Million | AU$379.07K/day | AU$- | AU$- | ▲ +9 days |
| 2022 | 179 days | AU$59.77 Million | AU$334.79K/day | AU$- | AU$- | ▲ +76 days |
| 2021 | 102 days | AU$38.56 Million | AU$376.81K/day | AU$- | AU$- | ▼ -39 days |
| 2020 | 142 days | AU$27.54 Million | AU$194.35K/day | AU$- | AU$- | ▲ +8 days |
| 2019 | 133 days | AU$19.67 Million | AU$147.48K/day | AU$- | AU$- | ▼ -49 days |
| 2018 | 183 days | AU$29.88 Million | AU$163.57K/day | AU$- | AU$- | ▲ +58 days |
| 2017 | 125 days | AU$20.49 Million | AU$164.17K/day | AU$- | AU$- | ▼ -56 days |
| 2016 | 180 days | AU$19.38 Million | AU$107.41K/day | AU$- | AU$- | ▼ -58 days |
| 2015 | 239 days | AU$20.91 Million | AU$87.59K/day | AU$- | AU$- | ▼ -45 days |
| 2014 | 284 days | AU$23.25 Million | AU$81.94K/day | AU$- | AU$- | ▲ +132 days |
| 2013 | 152 days | AU$21.36 Million | AU$140.76K/day | AU$- | AU$- | ▼ -35 days |
| 2012 | 187 days | AU$23.53 Million | AU$125.96K/day | AU$- | AU$- | ▲ +32 days |
| 2011 | 155 days | AU$15.15 Million | AU$97.90K/day | AU$- | AU$- | ▲ +43 days |
| 2010 | 111 days | AU$12.53 Million | AU$112.58K/day | AU$- | AU$- | ▼ -171 days |
| 2009 | 282 days | AU$16.67 Million | AU$59.08K/day | AU$- | AU$- | ▼ -6 days |
| 2008 | 288 days | AU$18.84 Million | AU$65.42K/day | AU$- | AU$- | ▲ +7 days |
| 2007 | 281 days | AU$15.72 Million | AU$55.92K/day | AU$- | AU$- | ▲ +18 days |
| 2006 | 263 days | AU$22.66 Million | AU$86.06K/day | AU$- | AU$- | ▼ -23 days |
| 2005 | 286 days | AU$22.85 Million | AU$79.85K/day | AU$- | AU$- | ▲ +94 days |
| 2004 | 192 days | AU$14.39 Million | AU$74.87K/day | AU$- | AU$- | ▲ +23 days |
| 2003 | 169 days | AU$14.70 Million | AU$87.12K/day | AU$- | AU$- | ▼ -15 days |
| 2002 | 184 days | AU$15.07 Million | AU$82.13K/day | AU$- | AU$- | ▼ -26 days |
| 2001 | 209 days | AU$15.97 Million | AU$76.26K/day | AU$- | AU$- | ▲ +12 days |
| 2000 | 198 days | AU$15.63 Million | AU$79.05K/day | AU$- | AU$- | — |