Xero Ltd (XRO) — Defensive Interval Ratio
Xero Ltd (XRO) has a Defensive Interval Ratio of 246 days as of September 2025. Defensive assets of AU$1.30 Billion (cash AU$-, short-term investments AU$1.14 Billion, receivables AU$167.17 Million) cover 246 days of daily cash needs of AU$5.30 Million/day. Check tangible net worth ratio of Xero Ltd to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Xero Ltd Defensive Interval Ratio (2007–2025)
This chart shows how Xero Ltd's Defensive Interval Ratio has evolved across 19 annual periods from 2007 to 2025. As of September 2025, the ratio stands at 246 days, meaning defensive assets of AU$1.30 Billion can fund 246 days of operations without new revenue. Also explore how fast is Xero Ltd growing its equity to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Xero Ltd (2007–2025)
The table below presents the year-by-year Defensive Interval Ratio for Xero Ltd from 2007 to 2025, covering 19 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 Xero Ltd market cap and net worth.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 294 days | AU$1.52 Billion | AU$5.18 Million/day | AU$- | AU$1.42 Billion | ▼ -1107 days |
| 2024 | 1402 days | AU$1.01 Billion | AU$723.51K/day | AU$- | AU$945.86 Million | ▲ +6 days |
| 2023 | 1396 days | AU$911.25 Million | AU$652.79K/day | AU$- | AU$828.19 Million | ▲ +265 days |
| 2022 | 1131 days | AU$564.10 Million | AU$498.61K/day | AU$- | AU$492.63 Million | ▲ +18 days |
| 2021 | 1114 days | AU$473.58 Million | AU$425.31K/day | AU$- | AU$416.37 Million | ▼ -336 days |
| 2020 | 1450 days | AU$446.84 Million | AU$308.19K/day | AU$- | AU$414.62 Million | ▲ +165 days |
| 2019 | 1285 days | AU$355.12 Million | AU$276.40K/day | AU$- | AU$323.38 Million | ▲ +837 days |
| 2018 | 448 days | AU$79.30 Million | AU$176.89K/day | AU$- | AU$55.49 Million | ▼ -185 days |
| 2017 | 633 days | AU$104.32 Million | AU$164.84K/day | AU$- | AU$79.54 Million | ▼ -662 days |
| 2016 | 1295 days | AU$149.76 Million | AU$115.66K/day | AU$- | AU$131.20 Million | ▼ -1410 days |
| 2015 | 2705 days | AU$221.43 Million | AU$81.87K/day | AU$- | AU$205.98 Million | ▼ -5624 days |
| 2014 | 8329 days | AU$205.97 Million | AU$24.73K/day | AU$- | AU$195.00 Million | ▲ +8105 days |
| 2013 | 224 days | AU$3.83 Million | AU$17.08K/day | AU$- | AU$- | ▲ +45 days |
| 2012 | 179 days | AU$2.71 Million | AU$15.14K/day | AU$- | AU$- | ▼ -4 days |
| 2011 | 183 days | AU$1.33 Million | AU$7.28K/day | AU$- | AU$- | ▲ +39 days |
| 2010 | 144 days | AU$817.12K | AU$5.69K/day | AU$- | AU$- | ▲ +86 days |
| 2009 | 57 days | AU$328.00K | AU$5.71K/day | AU$- | AU$- | ▼ -178 days |
| 2008 | 235 days | AU$347.09K | AU$1.47K/day | AU$- | AU$- | ▲ +148 days |
| 2007 | 87 days | AU$59.00K | AU$676.71/day | AU$- | AU$- | — |