SANDS CHINA ADR/1 O.N. (599) — Defensive Interval Ratio

Latest as of December 2025: 51 days

SANDS CHINA ADR/1 O.N. (599) has a Defensive Interval Ratio of 51 days as of December 2025. Defensive assets of €327.00 Million (cash €-, short-term investments €-, receivables €327.00 Million) cover 51 days of daily cash needs of €6.35 Million/day.

Defensive Interval Ratio

51 days
Days of operational coverage

Defensive Assets

€327.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

€6.35 Million
Current Liabilities ÷ 365

Current Liabilities

€2.32 Billion
EUR

SANDS CHINA ADR/1 O.N. Defensive Interval Ratio (2021–2025)

This chart shows how SANDS CHINA ADR/1 O.N.'s Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of December 2025, the ratio stands at 51 days, meaning defensive assets of €327.00 Million can fund 51 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of SANDS CHINA ADR/1 O.N..

Annual Defensive Interval Ratio for SANDS CHINA ADR/1 O.N. (2021–2025)

The table below presents the year-by-year Defensive Interval Ratio for SANDS CHINA ADR/1 O.N. from 2021 to 2025, covering 5 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 SANDS CHINA ADR/1 O.N. short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 51 days €327.00 Million €6.35 Million/day €- €- ▲ +30 days
2024 21 days €175.00 Million €8.20 Million/day €- €- ▼ -38 days
2023 59 days €222.00 Million €3.76 Million/day €- €- ▲ +41 days
2022 18 days €145.00 Million €7.87 Million/day €- €- ▼ -20 days
2021 39 days €116.00 Million €3.00 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)