SMA Solar Technology AG (S92) — Defensive Interval Ratio
SMA Solar Technology AG (S92) has a Defensive Interval Ratio of 115 days as of December 2025. Defensive assets of €194.44 Million (cash €-, short-term investments €10.61 Million, receivables €183.82 Million) cover 115 days of daily cash needs of €1.70 Million/day. Check tangible equity quality of SMA Solar Technology AG to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
SMA Solar Technology AG Defensive Interval Ratio (2013–2025)
This chart shows how SMA Solar Technology AG's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of December 2025, the ratio stands at 115 days, meaning defensive assets of €194.44 Million can fund 115 days of operations without new revenue. Also explore SMA Solar Technology AG (S92) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for SMA Solar Technology AG (2013–2025)
The table below presents the year-by-year Defensive Interval Ratio for SMA Solar Technology 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. For live market cap and the full company financial profile, see S92 market cap overview.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 115 days | €194.44 Million | €1.70 Million/day | €- | €10.61 Million | ▼ -5 days |
| 2024 | 120 days | €230.03 Million | €1.92 Million/day | €- | €13.12 Million | ▼ -62 days |
| 2023 | 182 days | €325.01 Million | €1.79 Million/day | €- | €47.61 Million | ▼ -4 days |
| 2022 | 186 days | €194.78 Million | €1.05 Million/day | €- | €41.25 Million | ▼ -90 days |
| 2021 | 276 days | €266.18 Million | €964.83K/day | €- | €123.50 Million | ▲ +23 days |
| 2020 | 253 days | €236.46 Million | €935.81K/day | €- | €114.59 Million | ▲ +22 days |
| 2019 | 231 days | €272.40 Million | €1.18 Million/day | €- | €81.30 Million | ▼ -150 days |
| 2018 | 381 days | €334.14 Million | €877.46K/day | €- | €182.01 Million | ▼ -130 days |
| 2017 | 511 days | €447.08 Million | €875.27K/day | €- | €238.69 Million | ▲ +111 days |
| 2016 | 400 days | €364.93 Million | €911.72K/day | €- | €168.69 Million | ▲ +142 days |
| 2015 | 258 days | €218.73 Million | €847.10K/day | €- | €2.45 Million | ▲ +46 days |
| 2014 | 212 days | €199.62 Million | €942.68K/day | €- | €3.18 Million | ▼ -266 days |
| 2013 | 478 days | €325.17 Million | €680.75K/day | €- | €169.19 Million | — |