Flight Centre Travel Group Ltd (FLT) — Defensive Interval Ratio
Flight Centre Travel Group Ltd (FLT) has a Defensive Interval Ratio of 248 days as of December 2025. Defensive assets of AU$1.51 Billion (cash AU$-, short-term investments AU$19.24 Million, receivables AU$1.49 Billion) cover 248 days of daily cash needs of AU$6.10 Million/day. See how liquid is Flight Centre Travel Group Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Flight Centre Travel Group Ltd Defensive Interval Ratio (1996–2025)
This chart shows how Flight Centre Travel Group Ltd's Defensive Interval Ratio has evolved across 30 annual periods from 1996 to 2025. As of December 2025, the ratio stands at 248 days, meaning defensive assets of AU$1.51 Billion can fund 248 days of operations without new revenue. See how leveraged is Flight Centre Travel Group Ltd's balance sheet to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Flight Centre Travel Group Ltd (1996–2025)
The table below presents the year-by-year Defensive Interval Ratio for Flight Centre Travel Group 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 FLT market cap.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 158 days | AU$911.12 Million | AU$5.78 Million/day | AU$- | AU$929.00K | ▲ +15 days |
| 2024 | 142 days | AU$895.36 Million | AU$6.29 Million/day | AU$- | AU$10.01 Million | ▼ -80 days |
| 2023 | 222 days | AU$1.20 Billion | AU$5.39 Million/day | AU$- | AU$20.23 Million | ▲ +38 days |
| 2022 | 184 days | AU$818.80 Million | AU$4.45 Million/day | AU$- | AU$-17.66 Million | ▲ +82 days |
| 2021 | 101 days | AU$350.51 Million | AU$3.45 Million/day | AU$- | AU$65.14 Million | ▲ +29 days |
| 2020 | 73 days | AU$370.47 Million | AU$5.09 Million/day | AU$- | AU$8.08 Million | ▼ -314 days |
| 2019 | 387 days | AU$1.86 Billion | AU$4.81 Million/day | AU$835.73 Million | AU$107.67 Million | ▲ +6 days |
| 2018 | 381 days | AU$1.77 Billion | AU$4.65 Million/day | AU$828.46 Million | AU$97.00 Million | ▼ -2 days |
| 2017 | 383 days | AU$1.72 Billion | AU$4.48 Million/day | AU$855.79 Million | AU$99.25 Million | ▲ +203 days |
| 2016 | 180 days | AU$772.27 Million | AU$4.29 Million/day | AU$- | AU$100.09 Million | ▲ +1 days |
| 2015 | 179 days | AU$711.15 Million | AU$3.98 Million/day | AU$- | AU$75.66 Million | ▲ +5 days |
| 2014 | 173 days | AU$598.90 Million | AU$3.46 Million/day | AU$- | AU$41.24 Million | ▲ +32 days |
| 2013 | 141 days | AU$497.92 Million | AU$3.53 Million/day | AU$- | AU$13.42 Million | ▼ -13 days |
| 2012 | 154 days | AU$486.56 Million | AU$3.16 Million/day | AU$- | AU$59.85 Million | ▲ +12 days |
| 2011 | 142 days | AU$450.06 Million | AU$3.18 Million/day | AU$- | AU$64.91 Million | ▲ +37 days |
| 2010 | 104 days | AU$325.52 Million | AU$3.12 Million/day | AU$- | AU$15.47 Million | ▲ +14 days |
| 2009 | 91 days | AU$242.63 Million | AU$2.67 Million/day | AU$- | AU$15.47 Million | ▼ -80 days |
| 2008 | 171 days | AU$581.91 Million | AU$3.41 Million/day | AU$- | AU$246.46 Million | ▼ -56 days |
| 2007 | 227 days | AU$446.48 Million | AU$1.97 Million/day | AU$- | AU$166.59 Million | ▼ -65 days |
| 2006 | 292 days | AU$439.62 Million | AU$1.51 Million/day | AU$- | AU$204.83 Million | ▲ +17 days |
| 2005 | 275 days | AU$377.76 Million | AU$1.37 Million/day | AU$- | AU$174.89 Million | ▼ -16 days |
| 2004 | 292 days | AU$395.34 Million | AU$1.36 Million/day | AU$- | AU$223.59 Million | ▲ +128 days |
| 2003 | 164 days | AU$161.18 Million | AU$982.88K/day | AU$- | AU$- | ▲ +11 days |
| 2002 | 153 days | AU$131.53 Million | AU$860.39K/day | AU$- | AU$- | ▲ +24 days |
| 2001 | 128 days | AU$84.42 Million | AU$657.33K/day | AU$- | AU$- | ▼ -20 days |
| 2000 | 148 days | AU$77.50 Million | AU$522.21K/day | AU$- | AU$- | ▼ -3 days |
| 1999 | 151 days | AU$62.37 Million | AU$412.51K/day | AU$- | AU$- | ▼ -8 days |
| 1998 | 159 days | AU$48.81 Million | AU$307.03K/day | AU$- | AU$60.00K | ▲ +12 days |
| 1997 | 147 days | AU$35.77 Million | AU$243.47K/day | AU$- | AU$3.14 Million | ▲ +37 days |
| 1996 | 110 days | AU$24.55 Million | AU$223.47K/day | AU$- | AU$353.00K | — |