Vestas Wind Systems A/S (VWSA) — Defensive Interval Ratio

Latest as of March 2026: 35 days

Vestas Wind Systems A/S (VWSA) has a Defensive Interval Ratio of 35 days as of March 2026. Defensive assets of €1.67 Billion (cash €-, short-term investments €165.00 Million, receivables €1.50 Billion) cover 35 days of daily cash needs of €47.00 Million/day.

Defensive Interval Ratio

35 days
Days of operational coverage

Defensive Assets

€1.67 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€47.00 Million
Current Liabilities ÷ 365

Current Liabilities

€17.16 Billion
EUR

Vestas Wind Systems A/S Defensive Interval Ratio (2016–2025)

This chart shows how Vestas Wind Systems A/S's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 35 days, meaning defensive assets of €1.67 Billion can fund 35 days of operations without new revenue. For the complete balance sheet picture, see Vestas Wind Systems A/S (VWSA) total assets.

Annual Defensive Interval Ratio for Vestas Wind Systems A/S (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Vestas Wind Systems A/S 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. See Vestas Wind Systems A/S (VWSA) liquidity to equity 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 36 days €1.64 Billion €46.16 Million/day €- €164.00 Million ▼ -9 days
2024 44 days €1.88 Billion €42.41 Million/day €- €160.00 Million ▲ +10 days
2023 34 days €1.31 Billion €38.41 Million/day €- €3.00 Million ▼ -1 days
2022 35 days €1.28 Billion €37.02 Million/day €- €- ▼ -13 days
2021 47 days €1.65 Billion €34.79 Million/day €- €116.00 Million ▼ -6 days
2020 54 days €1.65 Billion €30.77 Million/day €- €111.00 Million ▼ -65 days
2019 119 days €3.04 Billion €25.61 Million/day €- €173.00 Million ▲ +4 days
2018 114 days €2.32 Billion €20.29 Million/day €- €422.00 Million ▲ +22 days
2017 93 days €1.66 Billion €17.90 Million/day €- €7.00 Million ▲ +1 days
2016 92 days €1.42 Billion €15.42 Million/day €- €11.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)