Banco Santander S.A (BSDK) — Defensive Interval Ratio

Latest as of September 2023: 24 days

Banco Santander S.A (BSDK) has a Defensive Interval Ratio of 24 days as of September 2023. Defensive assets of €87.61 Billion (cash €-, short-term investments €78.00 Billion, receivables €9.62 Billion) cover 24 days of daily cash needs of €3.62 Billion/day. See how liquid is Banco Santander S.A's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

24 days
Days of operational coverage

Defensive Assets

€87.61 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€3.62 Billion
Current Liabilities ÷ 365

Current Liabilities

€1.32 Trillion
EUR

Banco Santander S.A Defensive Interval Ratio (2016–2022)

This chart shows how Banco Santander S.A's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of September 2023, the ratio stands at 24 days, meaning defensive assets of €87.61 Billion can fund 24 days of operations without new revenue. See BSDK net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Banco Santander S.A (2016–2022)

The table below presents the year-by-year Defensive Interval Ratio for Banco Santander S.A from 2016 to 2022, covering 7 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 Banco Santander S.A (BSDK) total market value.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 23 days €86.22 Billion €3.81 Billion/day €- €77.02 Billion ▼ -8 days
2021 30 days €106.13 Billion €3.49 Billion/day €- €100.38 Billion ▼ -8 days
2020 38 days €126.29 Billion €3.30 Billion/day €- €120.95 Billion ▼ -12 days
2019 50 days €162.32 Billion €3.26 Billion/day €- €155.50 Billion ▼ -5 days
2018 55 days €168.87 Billion €3.08 Billion/day €- €158.79 Billion ▲ +4 days
2017 51 days €157.85 Billion €3.09 Billion/day €- €150.81 Billion ▲ +49 days
2016 2 days €6.41 Billion €2.82 Billion/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)