adidas AG (ADS1) — Defensive Interval Ratio
adidas AG (ADS1) has a Defensive Interval Ratio of 167 days as of June 2026. Defensive assets of €4.22 Billion (cash €-, short-term investments €655.00 Million, receivables €3.57 Billion) cover 167 days of daily cash needs of €25.26 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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 June 2026, the ratio stands at 167 days, meaning defensive assets of €4.22 Billion can fund 167 days of operations without new revenue. For the complete balance sheet picture, see adidas AG assets under control.
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. See how liquid is adidas AG's working capital 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 | 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 | — |