Capex S.A Defensive Interval Ratio
Capex S.A defensive interval ratio. Capex S.A (CAPX) has a Defensive Interval Ratio of 118 days as of January 2026. Defensive assets of AR$101.90 Billion (cash AR$-, short-term investments AR$46.75 Billion, receivables AR$55.15 Billion) cover 118 days of daily cash needs of AR$865.14 Million/day. See working capital position of Capex S.A to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Capex S.A (2016–2025)
Defensive interval ratio of Capex S.A from 2016 to 2025. This chart shows how Capex S.A's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of January 2026, the ratio stands at 118 days, meaning defensive assets of AR$101.90 Billion can fund 118 days of operations without new revenue. Check CAPX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Capex S.A Defensive Interval Ratio by Year (2016–2025)
Capex S.A defensive interval ratio by year from 2016 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Capex S.A from 2016 to 2025, covering 10 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 balance sheet size of Capex S.A.
| Year | DIR (days) | Defensive Assets (ARS) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 68 days | AR$45.42 Billion | AR$666.03 Million/day | AR$- | AR$11.88 Billion | ▼ -87 days |
| 2024 | 155 days | AR$96.02 Billion | AR$618.54 Million/day | AR$- | AR$1.99 Billion | ▼ -11 days |
| 2023 | 167 days | AR$50.24 Billion | AR$301.48 Million/day | AR$- | AR$2.17 Billion | ▼ -98 days |
| 2022 | 264 days | AR$19.55 Billion | AR$73.96 Million/day | AR$- | AR$12.87 Billion | ▼ -109 days |
| 2021 | 373 days | AR$7.92 Billion | AR$21.24 Million/day | AR$- | AR$3.39 Billion | ▲ +194 days |
| 2020 | 179 days | AR$2.74 Billion | AR$15.30 Million/day | AR$- | AR$- | ▼ -24 days |
| 2019 | 203 days | AR$3.43 Billion | AR$16.93 Million/day | AR$- | AR$- | ▼ -153 days |
| 2018 | 356 days | AR$2.05 Billion | AR$5.77 Million/day | AR$- | AR$632.45 Million | ▲ +244 days |
| 2017 | 112 days | AR$1.21 Billion | AR$10.77 Million/day | AR$- | AR$482.90 Million | ▼ -563 days |
| 2016 | 675 days | AR$1.34 Billion | AR$1.98 Million/day | AR$- | AR$568.80 Million | — |