Havanna Holding SA (HAVA) — Defensive Interval Ratio

Latest as of December 2025: 300 days

Havanna Holding SA (HAVA) has a Defensive Interval Ratio of 300 days as of December 2025. Defensive assets of AR$24.24 Billion (cash AR$-, short-term investments AR$3.01 Billion, receivables AR$21.23 Billion) cover 300 days of daily cash needs of AR$80.77 Million/day. Check how tangible is Havanna Holding SA's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

300 days
Days of operational coverage

Defensive Assets

AR$24.24 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AR$80.77 Million
Current Liabilities ÷ 365

Current Liabilities

AR$29.48 Billion
ARS

Havanna Holding SA Defensive Interval Ratio (2015–2025)

This chart shows how Havanna Holding SA's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 300 days, meaning defensive assets of AR$24.24 Billion can fund 300 days of operations without new revenue. Also explore HAVA net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Havanna Holding SA (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Havanna Holding SA from 2015 to 2025, covering 11 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 HAVA market cap.

Year DIR (days) Defensive Assets (ARS) Daily Cash Need Cash ST Investments Change (days)
2025 300 days AR$24.24 Billion AR$80.77 Million/day AR$- AR$3.01 Billion ▲ +136 days
2024 164 days AR$25.02 Billion AR$152.26 Million/day AR$- AR$5.51 Billion ▲ +13 days
2023 151 days AR$10.88 Billion AR$72.08 Million/day AR$- AR$626.17 Million ▼ -211 days
2022 362 days AR$3.66 Billion AR$10.12 Million/day AR$- AR$140.96 Million ▲ +121 days
2021 241 days AR$1.74 Billion AR$7.23 Million/day AR$- AR$193.20 Million ▲ +152 days
2020 89 days AR$747.81 Million AR$8.42 Million/day AR$- AR$157.14 Million ▼ -56 days
2019 145 days AR$585.02 Million AR$4.03 Million/day AR$- AR$190.32K ▼ -89 days
2018 234 days AR$484.09 Million AR$2.07 Million/day AR$- AR$118.06K ▼ -11 days
2017 244 days AR$284.09 Million AR$1.16 Million/day AR$- AR$17.81 Million ▼ -47 days
2016 291 days AR$182.32 Million AR$627.23K/day AR$- AR$7.60 Million ▲ +86 days
2015 205 days AR$157.41 Million AR$767.83K/day AR$- AR$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)