adidas AG (ADS1) — Defensive Interval Ratio

Latest as of March 2026: 165 days

adidas AG (ADS1) has a Defensive Interval Ratio of 165 days as of March 2026. Defensive assets of €4.11 Billion (cash €-, short-term investments €621.00 Million, receivables €3.49 Billion) cover 165 days of daily cash needs of €24.90 Million/day. Check tangible net worth ratio of adidas AG to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

165 days
Days of operational coverage

Defensive Assets

€4.11 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€24.90 Million
Current Liabilities ÷ 365

Current Liabilities

€9.09 Billion
EUR

adidas AG Defensive Interval Ratio (2016–2025)

This chart shows how adidas AG's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 165 days, meaning defensive assets of €4.11 Billion can fund 165 days of operations without new revenue. Also explore ADS1 net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for adidas AG (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for adidas AG 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 live market cap and the full company financial profile, see market value of adidas AG.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 113 days €2.83 Billion €24.92 Million/day €- €190.00 Million ▲ +8 days
2024 105 days €2.76 Billion €26.28 Million/day €- €350.00 Million ▼ -17 days
2023 122 days €2.69 Billion €22.04 Million/day €- €789.00 Million ▲ +16 days
2022 106 days €2.70 Billion €25.36 Million/day €- €168.00 Million ▲ +13 days
2021 93 days €2.28 Billion €24.56 Million/day €- €109.00 Million ▲ +2 days
2020 91 days €2.20 Billion €24.18 Million/day €- €245.00 Million ▼ -66 days
2019 156 days €3.75 Billion €23.98 Million/day €- €442.00 Million ▼ -7 days
2018 163 days €3.05 Billion €18.72 Million/day €- €274.00 Million ▼ -15 days
2017 178 days €3.07 Billion €17.24 Million/day €- €244.00 Million ▲ +29 days
2016 149 days €2.75 Billion €18.53 Million/day €- €269.00 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)