SAP SE (SAP) — Defensive Interval Ratio

Latest as of March 2026: 157 days

SAP SE (SAP) has a Defensive Interval Ratio of 157 days as of March 2026. Defensive assets of €8.97 Billion (cash €-, short-term investments €397.00 Million, receivables €8.57 Billion) cover 157 days of daily cash needs of €57.04 Million/day.

Defensive Interval Ratio

157 days
Days of operational coverage

Defensive Assets

€8.97 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€57.04 Million
Current Liabilities ÷ 365

Current Liabilities

€20.82 Billion
EUR

SAP SE Defensive Interval Ratio (2013–2025)

This chart shows how SAP SE's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 157 days, meaning defensive assets of €8.97 Billion can fund 157 days of operations without new revenue. For the complete balance sheet picture, see SAP SE asset portfolio.

Annual Defensive Interval Ratio for SAP SE (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for SAP SE 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 SAP SE current assets vs equity 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 154 days €7.34 Billion €47.72 Million/day €- €1.55 Billion ▲ +4 days
2024 150 days €7.86 Billion €52.27 Million/day €- €1.63 Billion ▼ -80 days
2023 230 days €9.24 Billion €40.12 Million/day €- €3.34 Billion ▲ +91 days
2022 139 days €6.64 Billion €47.82 Million/day €- €856.00 Million ▼ -57 days
2021 196 days €8.64 Billion €44.21 Million/day €- €2.76 Billion ▼ -27 days
2020 223 days €7.83 Billion €35.18 Million/day €- €1.64 Billion ▼ -5 days
2019 228 days €9.03 Billion €39.62 Million/day €- €297.00 Million ▼ -27 days
2018 255 days €7.33 Billion €28.73 Million/day €- €448.00 Million ▲ +22 days
2017 233 days €6.51 Billion €27.97 Million/day €- €39.00 Million ▼ -43 days
2016 276 days €7.31 Billion €26.51 Million/day €- €196.00 Million ▲ +5 days
2015 271 days €5.84 Billion €21.55 Million/day €- €27.00 Million ▲ +64 days
2014 207 days €4.87 Billion €23.49 Million/day €- €41.00 Million ▼ -36 days
2013 243 days €4.23 Billion €17.39 Million/day €- €38.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)