China Southern Airlines Company Limited (ZNHH) — Defensive Interval Ratio
China Southern Airlines Company Limited (ZNHH) has a Defensive Interval Ratio of 19 days as of March 2026. Defensive assets of €8.24 Billion (cash €-, short-term investments €2.76 Billion, receivables €5.48 Billion) cover 19 days of daily cash needs of €434.68 Million/day. Check ZNHH tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
China Southern Airlines Company Limited Defensive Interval Ratio (2013–2025)
This chart shows how China Southern Airlines Company Limited's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 19 days, meaning defensive assets of €8.24 Billion can fund 19 days of operations without new revenue. Also explore China Southern Airlines Company Limited (ZNHH) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for China Southern Airlines Company Limited (2013–2025)
The table below presents the year-by-year Defensive Interval Ratio for China Southern Airlines Company Limited 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 market cap of China Southern Airlines Company Limited.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 16 days | €6.81 Billion | €422.25 Million/day | €- | €2.85 Billion | ▼ 0 days |
| 2024 | 16 days | €6.16 Billion | €379.18 Million/day | €- | €2.69 Billion | ▼ -2 days |
| 2023 | 18 days | €6.48 Billion | €354.62 Million/day | €- | €3.16 Billion | ▲ +11 days |
| 2022 | 7 days | €2.66 Billion | €387.56 Million/day | €- | €- | ▼ -3 days |
| 2021 | 10 days | €2.89 Billion | €304.08 Million/day | €- | €- | ▼ 0 days |
| 2020 | 10 days | €2.54 Billion | €262.14 Million/day | €- | €- | ▼ -12 days |
| 2019 | 21 days | €5.56 Billion | €261.62 Million/day | €- | €0.00 | ▼ -5 days |
| 2018 | 26 days | €5.97 Billion | €229.28 Million/day | €- | €704.00 Million | ▲ +5 days |
| 2017 | 21 days | €4.04 Billion | €190.62 Million/day | €- | €313.00 Million | ▼ -5 days |
| 2016 | 26 days | €4.87 Billion | €186.13 Million/day | €- | €568.00 Million | ▲ +2 days |
| 2015 | 24 days | €4.30 Billion | €179.62 Million/day | €- | €120.00 Million | ▼ -9 days |
| 2014 | 33 days | €4.87 Billion | €148.18 Million/day | €- | €- | ▲ +4 days |
| 2013 | 29 days | €3.89 Billion | €134.83 Million/day | €- | €- | — |