Cochlear Ltd (COH) — Defensive Interval Ratio

Latest as of June 2025: 522 days

Cochlear Ltd (COH) has a Defensive Interval Ratio of 522 days as of June 2025. Defensive assets of AU$861.60 Million (cash AU$275.70 Million, short-term investments AU$-, receivables AU$585.90 Million) cover 522 days of daily cash needs of AU$1.65 Million/day. See Cochlear Ltd working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

522 days
Days of operational coverage

Defensive Assets

AU$861.60 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$1.65 Million
Current Liabilities ÷ 365

Current Liabilities

AU$602.30 Million
AUD

Cochlear Ltd Defensive Interval Ratio (1996–2025)

This chart shows how Cochlear Ltd's Defensive Interval Ratio has evolved across 30 annual periods from 1996 to 2025. As of June 2025, the ratio stands at 522 days, meaning defensive assets of AU$861.60 Million can fund 522 days of operations without new revenue. See net asset quality index of Cochlear Ltd to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Cochlear Ltd (1996–2025)

The table below presents the year-by-year Defensive Interval Ratio for Cochlear Ltd from 1996 to 2025, covering 30 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 COH company net worth.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 522 days AU$861.60 Million AU$1.65 Million/day AU$275.70 Million AU$- ▼ -118 days
2024 640 days AU$1.11 Billion AU$1.73 Million/day AU$513.60 Million AU$102.70 Million ▼ -57 days
2023 697 days AU$1.10 Billion AU$1.58 Million/day AU$555.50 Million AU$90.80 Million ▼ -56 days
2022 753 days AU$1.09 Billion AU$1.45 Million/day AU$629.30 Million AU$68.80 Million ▼ -93 days
2021 846 days AU$933.20 Million AU$1.10 Million/day AU$609.60 Million AU$27.30 Million ▲ +295 days
2020 551 days AU$1.23 Billion AU$2.24 Million/day AU$565.00 Million AU$365.00 Million ▼ -236 days
2019 787 days AU$775.50 Million AU$984.93K/day AU$78.60 Million AU$365.00 Million ▲ +303 days
2018 485 days AU$381.90 Million AU$788.22K/day AU$61.50 Million AU$3.70 Million ▲ +55 days
2017 429 days AU$407.39 Million AU$949.59K/day AU$89.54 Million AU$18.43 Million ▲ +3 days
2016 426 days AU$293.38 Million AU$687.95K/day AU$- AU$11.45 Million ▲ +197 days
2015 230 days AU$253.60 Million AU$1.10 Million/day AU$- AU$3.85 Million ▼ -252 days
2014 481 days AU$223.55 Million AU$464.60K/day AU$- AU$- ▲ +93 days
2013 388 days AU$203.75 Million AU$525.56K/day AU$- AU$- ▲ +116 days
2012 272 days AU$194.85 Million AU$717.65K/day AU$- AU$- ▼ -124 days
2011 396 days AU$242.21 Million AU$612.22K/day AU$- AU$- ▲ +21 days
2010 374 days AU$218.59 Million AU$583.97K/day AU$- AU$204.00K ▼ -178 days
2009 552 days AU$177.15 Million AU$320.94K/day AU$- AU$- ▲ +34 days
2008 518 days AU$177.42 Million AU$342.32K/day AU$- AU$- ▲ +331 days
2007 187 days AU$143.08 Million AU$765.88K/day AU$- AU$- ▼ -9 days
2006 196 days AU$109.39 Million AU$557.41K/day AU$- AU$- ▲ +34 days
2005 162 days AU$82.96 Million AU$512.19K/day AU$- AU$- ▼ -67 days
2004 229 days AU$66.66 Million AU$291.22K/day AU$- AU$- ▼ -60 days
2003 288 days AU$78.58 Million AU$272.44K/day AU$- AU$- ▼ -15 days
2002 303 days AU$69.28 Million AU$228.42K/day AU$- AU$- ▲ +91 days
2001 213 days AU$42.51 Million AU$199.83K/day AU$- AU$- ▼ -18 days
2000 230 days AU$31.79 Million AU$138.06K/day AU$- AU$- ▲ +102 days
1999 128 days AU$17.01 Million AU$132.60K/day AU$- AU$- ▼ -54 days
1998 182 days AU$18.25 Million AU$100.30K/day AU$- AU$- ▼ -21 days
1997 203 days AU$15.36 Million AU$75.66K/day AU$- AU$- ▲ +62 days
1996 141 days AU$11.39 Million AU$80.58K/day AU$- AU$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)