SOUTH32 Ltd (S32) — Defensive Interval Ratio
SOUTH32 Ltd (S32) has a Defensive Interval Ratio of 708 days as of December 2025. Defensive assets of AU$2.52 Billion (cash AU$1.66 Billion, short-term investments AU$-, receivables AU$859.00 Million) cover 708 days of daily cash needs of AU$3.56 Million/day. See S32 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
SOUTH32 Ltd Defensive Interval Ratio (2012–2025)
This chart shows how SOUTH32 Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of December 2025, the ratio stands at 708 days, meaning defensive assets of AU$2.52 Billion can fund 708 days of operations without new revenue. See S32 net asset quality score to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for SOUTH32 Ltd (2012–2025)
The table below presents the year-by-year Defensive Interval Ratio for SOUTH32 Ltd from 2012 to 2025, covering 14 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 SOUTH32 Ltd stock valuation.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 421 days | AU$1.80 Billion | AU$4.29 Million/day | AU$996.00 Million | AU$- | ▲ +259 days |
| 2024 | 161 days | AU$815.00 Million | AU$5.05 Million/day | AU$179.00 Million | AU$2.00 Million | ▼ -83 days |
| 2023 | 244 days | AU$1.04 Billion | AU$4.27 Million/day | AU$647.00 Million | AU$1.00 Million | ▼ -188 days |
| 2022 | 432 days | AU$2.25 Billion | AU$5.20 Million/day | AU$1.60 Billion | AU$1.00 Million | ▲ +66 days |
| 2021 | 366 days | AU$1.47 Billion | AU$4.01 Million/day | AU$1.02 Billion | AU$15.00 Million | ▲ +7 days |
| 2020 | 358 days | AU$1.25 Billion | AU$3.48 Million/day | AU$850.00 Million | AU$19.00 Million | ▲ +14 days |
| 2019 | 344 days | AU$1.59 Billion | AU$4.62 Million/day | AU$911.00 Million | AU$108.00 Million | ▼ -326 days |
| 2018 | 670 days | AU$3.05 Billion | AU$4.56 Million/day | AU$2.50 Billion | AU$3.00 Million | ▲ +100 days |
| 2017 | 570 days | AU$2.72 Billion | AU$4.78 Million/day | AU$2.29 Billion | AU$30.00 Million | ▲ +453 days |
| 2016 | 117 days | AU$442.00 Million | AU$3.77 Million/day | AU$- | AU$32.00 Million | ▼ -135 days |
| 2015 | 252 days | AU$1.18 Billion | AU$4.67 Million/day | AU$- | AU$14.00 Million | ▲ +214 days |
| 2014 | 38 days | AU$221.00 Million | AU$5.84 Million/day | AU$- | AU$13.00 Million | ▼ -413 days |
| 2013 | 451 days | AU$3.42 Billion | AU$7.57 Million/day | AU$- | AU$65.00 Million | ▼ -184 days |
| 2012 | 635 days | AU$5.56 Billion | AU$8.75 Million/day | AU$- | AU$73.00 Million | — |