Copa Holdings S.A Defensive Interval Ratio

Latest as of December 2025: 310 days

Copa Holdings S.A defensive interval ratio. Copa Holdings S.A (C2H) has a Defensive Interval Ratio of 310 days as of December 2025. Defensive assets of €1.15 Billion (cash €-, short-term investments €955.60 Million, receivables €197.64 Million) cover 310 days of daily cash needs of €3.72 Million/day. Explore Copa Holdings S.A long-term investment allocation to see how much of total assets are deployed in long-term investments.

Defensive Interval Ratio

310 days
Days of operational coverage

Defensive Assets

€1.15 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€3.72 Million
Current Liabilities ÷ 365

Current Liabilities

€1.36 Billion
EUR

Defensive Interval Ratio of Copa Holdings S.A (2013–2025)

Defensive interval ratio of Copa Holdings S.A from 2013 to 2025. This chart shows how Copa Holdings S.A's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 310 days, meaning defensive assets of €1.15 Billion can fund 310 days of operations without new revenue. Read Copa Holdings S.A (C2H) financial obligations for a breakdown of total debt and financial obligations.

Copa Holdings S.A Defensive Interval Ratio by Year (2013–2025)

Copa Holdings S.A defensive interval ratio by year from 2013 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Copa Holdings S.A from 2013 to 2025, covering 13 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 the complete balance sheet picture, see Copa Holdings S.A total assets.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 310 days €1.15 Billion €3.72 Million/day €- €955.60 Million ▲ +106 days
2024 203 days €754.91 Million €3.71 Million/day €- €585.92 Million ▼ -45 days
2023 248 days €868.06 Million €3.50 Million/day €- €708.81 Million ▼ -41 days
2022 289 days €943.78 Million €3.27 Million/day €- €812.32 Million ▼ -22 days
2021 310 days €895.28 Million €2.89 Million/day €- €806.34 Million ▼ -65 days
2020 375 days €835.45 Million €2.23 Million/day €- €770.82 Million ▲ +69 days
2019 306 days €835.02 Million €2.73 Million/day €- €692.40 Million ▲ +85 days
2018 221 days €694.79 Million €3.15 Million/day €- €566.20 Million ▼ -36 days
2017 257 days €820.75 Million €3.19 Million/day €- €705.11 Million ▲ +2 days
2016 256 days €603.89 Million €2.36 Million/day €- €483.00 Million ▲ +60 days
2015 195 days €527.05 Million €2.70 Million/day €- €416.00 Million ▲ +15 days
2014 180 days €483.75 Million €2.69 Million/day €- €357.00 Million ▼ -48 days
2013 228 days €648.58 Million €2.85 Million/day €- €513.52 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)