Rheinmetall AG (RHM) — Defensive Interval Ratio

Latest as of December 2025: 78 days

Rheinmetall AG (RHM) has a Defensive Interval Ratio of 78 days as of December 2025. Defensive assets of €1.95 Billion (cash €-, short-term investments €41.00 Million, receivables €1.91 Billion) cover 78 days of daily cash needs of €24.85 Million/day.

Defensive Interval Ratio

78 days
Days of operational coverage

Defensive Assets

€1.95 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€24.85 Million
Current Liabilities ÷ 365

Current Liabilities

€9.07 Billion
EUR

Rheinmetall AG Defensive Interval Ratio (2013–2025)

This chart shows how Rheinmetall AG's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 78 days, meaning defensive assets of €1.95 Billion can fund 78 days of operations without new revenue. For the complete balance sheet picture, see Rheinmetall AG assets under control.

Annual Defensive Interval Ratio for Rheinmetall AG (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Rheinmetall AG 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. See how liquid is Rheinmetall 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 78 days €1.95 Billion €24.85 Million/day €- €41.00 Million ▼ -31 days
2024 109 days €2.03 Billion €18.58 Million/day €- €69.00 Million ▼ -31 days
2023 140 days €2.10 Billion €14.96 Million/day €- €65.00 Million ▼ -30 days
2022 170 days €1.71 Billion €10.04 Million/day €- €151.00 Million ▲ +22 days
2021 148 days €1.35 Billion €9.15 Million/day €- €179.00 Million ▼ -2 days
2020 150 days €1.19 Billion €7.91 Million/day €- €16.00 Million ▼ -79 days
2019 229 days €1.75 Billion €7.61 Million/day €- €39.00 Million ▼ -20 days
2018 249 days €1.78 Billion €7.14 Million/day €- €117.00 Million ▲ +31 days
2017 218 days €1.44 Billion €6.58 Million/day €- €134.00 Million ▲ +4 days
2016 215 days €1.61 Billion €7.51 Million/day €- €206.00 Million ▼ -18 days
2015 233 days €1.30 Billion €5.60 Million/day €- €71.00 Million ▲ +3 days
2014 230 days €1.27 Billion €5.52 Million/day €- €15.00 Million ▲ +20 days
2013 209 days €1.11 Billion €5.32 Million/day €- €22.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)