H+M HEN.+MAU.UNSP.ADR 1/5 (HMSA) — Defensive Interval Ratio
H+M HEN.+MAU.UNSP.ADR 1/5 (HMSA) has a Defensive Interval Ratio of 89 days as of May 2026. Defensive assets of €15.81 Billion (cash €-, short-term investments €-, receivables €15.81 Billion) cover 89 days of daily cash needs of €178.28 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
H+M HEN.+MAU.UNSP.ADR 1/5 Defensive Interval Ratio (2022–2025)
This chart shows how H+M HEN.+MAU.UNSP.ADR 1/5's Defensive Interval Ratio has evolved across 4 annual periods from 2022 to 2025. As of May 2026, the ratio stands at 89 days, meaning defensive assets of €15.81 Billion can fund 89 days of operations without new revenue. For the complete balance sheet picture, see HMSA asset base.
Annual Defensive Interval Ratio for H+M HEN.+MAU.UNSP.ADR 1/5 (2022–2025)
The table below presents the year-by-year Defensive Interval Ratio for H+M HEN.+MAU.UNSP.ADR 1/5 from 2022 to 2025, covering 4 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 HMSA net working capital 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 | 38 days | €6.41 Billion | €168.78 Million/day | €- | €- | ▲ +7 days |
| 2024 | 31 days | €5.63 Billion | €182.60 Million/day | €- | €- | ▲ +13 days |
| 2023 | 18 days | €3.30 Billion | €186.10 Million/day | €- | €- | ▲ +2 days |
| 2022 | 16 days | €3.01 Billion | €187.22 Million/day | €- | €- | — |