IRSA Inversiones y Representaciones SA (IRSA) — Defensive Interval Ratio

Latest as of March 2026: 500 days

IRSA Inversiones y Representaciones SA (IRSA) has a Defensive Interval Ratio of 500 days as of March 2026. Defensive assets of AR$610.20 Billion (cash AR$-, short-term investments AR$446.22 Billion, receivables AR$163.98 Billion) cover 500 days of daily cash needs of AR$1.22 Billion/day.

Defensive Interval Ratio

500 days
Days of operational coverage

Defensive Assets

AR$610.20 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AR$1.22 Billion
Current Liabilities ÷ 365

Current Liabilities

AR$445.81 Billion
ARS

IRSA Inversiones y Representaciones SA Defensive Interval Ratio (2016–2024)

This chart shows how IRSA Inversiones y Representaciones SA's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of March 2026, the ratio stands at 500 days, meaning defensive assets of AR$610.20 Billion can fund 500 days of operations without new revenue. For the complete balance sheet picture, see IRSA total assets.

Annual Defensive Interval Ratio for IRSA Inversiones y Representaciones SA (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for IRSA Inversiones y Representaciones SA from 2016 to 2024, covering 9 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See IRSA Inversiones y Representaciones SA short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (ARS) Daily Cash Need Cash ST Investments Change (days)
2024 301 days AR$226.90 Billion AR$753.19 Million/day AR$- AR$120.66 Billion ▼ -367 days
2023 669 days AR$130.54 Billion AR$195.27 Million/day AR$- AR$34.41 Billion ▲ +492 days
2022 176 days AR$41.79 Billion AR$236.79 Million/day AR$- AR$18.44 Billion ▲ +5 days
2021 172 days AR$17.06 Billion AR$99.46 Million/day AR$- AR$3.17 Billion ▲ +38 days
2020 133 days AR$78.60 Billion AR$590.03 Million/day AR$- AR$22.81 Billion ▼ -131 days
2019 265 days AR$76.66 Billion AR$289.60 Million/day AR$- AR$43.88 Billion ▼ -5 days
2018 269 days AR$53.85 Billion AR$199.81 Million/day AR$- AR$29.97 Billion ▲ +19 days
2017 251 days AR$31.89 Billion AR$127.22 Million/day AR$- AR$14.29 Billion ▲ +68 days
2016 183 days AR$21.81 Billion AR$119.45 Million/day AR$- AR$10.91 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)