Deutsche Lufthansa AG (LHAB) — Defensive Interval Ratio

Latest as of December 2025: 172 days

Deutsche Lufthansa AG (LHAB) has a Defensive Interval Ratio of 172 days as of December 2025. Defensive assets of €9.39 Billion (cash €-, short-term investments €6.99 Billion, receivables €2.41 Billion) cover 172 days of daily cash needs of €54.63 Million/day. See working capital to net assets of Deutsche Lufthansa AG to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

172 days
Days of operational coverage

Defensive Assets

€9.39 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€54.63 Million
Current Liabilities ÷ 365

Current Liabilities

€19.94 Billion
EUR

Deutsche Lufthansa AG Defensive Interval Ratio (2016–2025)

This chart shows how Deutsche Lufthansa AG's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of December 2025, the ratio stands at 172 days, meaning defensive assets of €9.39 Billion can fund 172 days of operations without new revenue. See LHAB equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Deutsche Lufthansa AG (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Deutsche Lufthansa 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 Deutsche Lufthansa AG (LHAB) market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 172 days €9.39 Billion €54.63 Million/day €- €6.99 Billion ▲ +2 days
2024 170 days €9.13 Billion €53.65 Million/day €- €6.70 Billion ▲ +4 days
2023 166 days €8.98 Billion €54.11 Million/day €- €6.67 Billion ▼ -30 days
2022 196 days €9.50 Billion €48.52 Million/day €- €6.51 Billion ▲ +3 days
2021 193 days €7.76 Billion €40.22 Million/day €- €5.36 Billion ▲ +63 days
2020 130 days €5.23 Billion €40.16 Million/day €- €3.65 Billion ▼ -46 days
2019 176 days €7.72 Billion €43.80 Million/day €- €1.97 Billion ▲ +7 days
2018 170 days €7.54 Billion €44.42 Million/day €- €1.74 Billion ▼ -58 days
2017 228 days €7.89 Billion €34.62 Million/day €- €2.55 Billion ▼ -13 days
2016 241 days €7.26 Billion €30.16 Million/day €- €2.68 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)