Ternium Argentina SA (TXAR) — Defensive Interval Ratio

Latest as of March 2026: 543 days

Ternium Argentina SA (TXAR) has a Defensive Interval Ratio of 543 days as of March 2026. Defensive assets of AR$1.07 Trillion (cash AR$-, short-term investments AR$926.85 Billion, receivables AR$142.62 Billion) cover 543 days of daily cash needs of AR$1.97 Billion/day. See working capital position of Ternium Argentina SA to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

543 days

Days of operational coverage

Defensive Assets

AR$1.07 Trillion

Cash + ST Investments + Receivables

Daily Cash Need

AR$1.97 Billion

Current Liabilities ÷ 365

Current Liabilities

AR$718.86 Billion

ARS

Ternium Argentina SA Defensive Interval Ratio (2017–2025)

This chart shows how Ternium Argentina SA's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 543 days, meaning defensive assets of AR$1.07 Trillion can fund 543 days of operations without new revenue. See Ternium Argentina SA net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Ternium Argentina SA (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Ternium Argentina SA from 2017 to 2025, 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. For live market cap and the full company financial profile, see Ternium Argentina SA stock valuation.

Year	DIR (days)	Defensive Assets (ARS)	Daily Cash Need	Cash	ST Investments	Change (days)
2025	660 days	AR$1.14 Trillion	AR$1.72 Billion/day	AR$-	AR$1.01 Trillion	▼ -5 days
2024	665 days	AR$1.36 Trillion	AR$2.04 Billion/day	AR$-	AR$1.27 Trillion	▼ -96 days
2023	761 days	AR$913.98 Billion	AR$1.20 Billion/day	AR$-	AR$830.82 Billion	▼ -321 days
2022	1082 days	AR$225.90 Billion	AR$208.73 Million/day	AR$-	AR$206.39 Billion	▲ +408 days
2021	675 days	AR$87.48 Billion	AR$129.64 Million/day	AR$-	AR$77.33 Billion	▲ +322 days
2020	353 days	AR$26.76 Billion	AR$75.82 Million/day	AR$-	AR$21.57 Billion	▲ +144 days
2019	209 days	AR$7.05 Billion	AR$33.77 Million/day	AR$-	AR$573.86 Million	▲ +96 days
2018	112 days	AR$7.74 Billion	AR$68.86 Million/day	AR$-	AR$942.39 Million	▼ -67 days
2017	179 days	AR$10.05 Billion	AR$56.07 Million/day	AR$-	AR$2.32 Billion	—

DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)