Qantas Airways Ltd Defensive Interval Ratio

Latest as of December 2025: 60 days

Qantas Airways Ltd defensive interval ratio. Qantas Airways Ltd (QAN) has a Defensive Interval Ratio of 60 days as of December 2025. Defensive assets of AU$2.03 Billion (cash AU$919.00 Million, short-term investments AU$94.00 Million, receivables AU$1.02 Billion) cover 60 days of daily cash needs of AU$33.83 Million/day. Explore how much of Qantas Airways Ltd's assets are long-term investments to see how much of total assets are deployed in long-term investments.

Defensive Interval Ratio

60 days
Days of operational coverage

Defensive Assets

AU$2.03 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AU$33.83 Million
Current Liabilities ÷ 365

Current Liabilities

AU$12.35 Billion
AUD

Defensive Interval Ratio of Qantas Airways Ltd (1994–2025)

Defensive interval ratio of Qantas Airways Ltd from 1994 to 2025. This chart shows how Qantas Airways Ltd's Defensive Interval Ratio has evolved across 32 annual periods from 1994 to 2025. As of December 2025, the ratio stands at 60 days, meaning defensive assets of AU$2.03 Billion can fund 60 days of operations without new revenue. Read QAN current and long-term liabilities for a breakdown of total debt and financial obligations.

Qantas Airways Ltd Defensive Interval Ratio by Year (1994–2025)

Qantas Airways Ltd defensive interval ratio by year from 1994 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Qantas Airways Ltd from 1994 to 2025, covering 32 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 the complete balance sheet picture, see Qantas Airways Ltd balance sheet assets.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2025 72 days AU$2.52 Billion AU$34.84 Million/day AU$1.15 Billion AU$150.00 Million ▲ +3 days
2024 69 days AU$2.24 Billion AU$32.18 Million/day AU$820.00 Million AU$261.00 Million ▼ -24 days
2023 94 days AU$3.10 Billion AU$33.14 Million/day AU$1.97 Billion AU$78.00 Million ▼ -42 days
2022 135 days AU$3.92 Billion AU$28.93 Million/day AU$2.79 Billion AU$18.00 Million ▲ +15 days
2021 121 days AU$2.51 Billion AU$20.81 Million/day AU$1.75 Billion AU$176.00 Million ▼ -29 days
2020 150 days AU$3.41 Billion AU$22.75 Million/day AU$2.54 Billion AU$216.00 Million ▲ +30 days
2019 120 days AU$2.96 Billion AU$24.71 Million/day AU$1.53 Billion AU$334.00 Million ▼ -7 days
2018 127 days AU$2.64 Billion AU$20.82 Million/day AU$1.33 Billion AU$474.00 Million ▲ +27 days
2017 100 days AU$1.95 Billion AU$19.44 Million/day AU$1.19 Billion AU$100.00 Million ▲ +54 days
2016 46 days AU$885.00 Million AU$19.25 Million/day AU$- AU$229.00 Million ▼ -19 days
2015 65 days AU$1.32 Billion AU$20.47 Million/day AU$- AU$613.00 Million ▲ +21 days
2014 43 days AU$893.00 Million AU$20.62 Million/day AU$- AU$172.00 Million ▼ -45 days
2013 89 days AU$1.62 Billion AU$18.21 Million/day AU$- AU$180.00 Million ▲ +27 days
2012 61 days AU$1.20 Billion AU$19.50 Million/day AU$- AU$88.00 Million ▼ -17 days
2011 79 days AU$1.34 Billion AU$17.08 Million/day AU$- AU$318.00 Million ▲ +1 days
2010 77 days AU$1.32 Billion AU$17.10 Million/day AU$- AU$233.00 Million ▼ -17 days
2009 95 days AU$1.74 Billion AU$18.39 Million/day AU$- AU$561.00 Million ▼ -26 days
2008 121 days AU$2.51 Billion AU$20.83 Million/day AU$- AU$1.08 Billion ▲ +9 days
2007 111 days AU$1.98 Billion AU$17.82 Million/day AU$- AU$604.80 Million ▼ -3 days
2006 115 days AU$1.71 Billion AU$14.88 Million/day AU$- AU$476.70 Million ▼ -258 days
2005 372 days AU$4.73 Billion AU$12.70 Million/day AU$- AU$1.71 Billion ▲ +130 days
2004 242 days AU$3.45 Billion AU$14.22 Million/day AU$- AU$1.03 Billion ▼ -147 days
2003 390 days AU$5.09 Billion AU$13.06 Million/day AU$- AU$1.89 Billion ▲ +189 days
2002 201 days AU$3.07 Billion AU$15.29 Million/day AU$- AU$-15.60 Million ▲ +75 days
2001 125 days AU$1.72 Billion AU$13.74 Million/day AU$- AU$-14.00 Million ▼ -17 days
2000 142 days AU$1.93 Billion AU$13.57 Million/day AU$- AU$-9.90 Million ▼ -37 days
1999 180 days AU$2.01 Billion AU$11.18 Million/day AU$- AU$-2.30 Million ▼ -16 days
1998 196 days AU$1.72 Billion AU$8.79 Million/day AU$- AU$-2.30 Million ▼ -17 days
1997 213 days AU$1.82 Billion AU$8.54 Million/day AU$- AU$-10.20 Million ▲ +142 days
1996 71 days AU$459.20 Million AU$6.49 Million/day AU$- AU$-680.10 Million ▼ -17 days
1995 88 days AU$520.40 Million AU$5.93 Million/day AU$- AU$-604.20 Million ▼ -21 days
1994 109 days AU$597.60 Million AU$5.48 Million/day AU$- AU$-583.20 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)