Ryanair Holdings plc (RYA) — Defensive Interval Ratio
Ryanair Holdings plc (RYA) has a Defensive Interval Ratio of 4 days as of September 2025. Defensive assets of €77.70 Million (cash €-, short-term investments €0.00, receivables €77.70 Million) cover 4 days of daily cash needs of €18.09 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Ryanair Holdings plc Defensive Interval Ratio (1996–2025)
This chart shows how Ryanair Holdings plc's Defensive Interval Ratio has evolved across 25 annual periods from 1996 to 2025. As of September 2025, the ratio stands at 4 days, meaning defensive assets of €77.70 Million can fund 4 days of operations without new revenue. For the complete balance sheet picture, see RYA asset base.
Annual Defensive Interval Ratio for Ryanair Holdings plc (1996–2025)
The table below presents the year-by-year Defensive Interval Ratio for Ryanair Holdings plc from 1996 to 2025, covering 25 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 RYA net working capital 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 | 8 days | €173.60 Million | €22.34 Million/day | €- | €100.10 Million | ▼ -10 days |
| 2024 | 18 days | €314.20 Million | €17.54 Million/day | €- | €237.80 Million | ▼ -37 days |
| 2023 | 55 days | €1.12 Billion | €20.33 Million/day | €- | €1.06 Billion | ▼ -11 days |
| 2022 | 66 days | €977.60 Million | €14.79 Million/day | €- | €934.10 Million | ▲ +13 days |
| 2021 | 53 days | €509.00 Million | €9.66 Million/day | €- | €465.50 Million | ▼ -29 days |
| 2020 | 81 days | €1.23 Billion | €15.09 Million/day | €- | €1.21 Billion | ▼ -57 days |
| 2019 | 138 days | €1.55 Billion | €11.22 Million/day | €- | €1.48 Billion | ▼ -96 days |
| 2018 | 234 days | €2.19 Billion | €9.35 Million/day | €- | €2.13 Billion | ▼ -125 days |
| 2017 | 359 days | €2.96 Billion | €8.25 Million/day | €- | €2.90 Billion | ▲ +20 days |
| 2016 | 339 days | €3.13 Billion | €9.23 Million/day | €- | €3.06 Billion | ▼ -61 days |
| 2015 | 400 days | €3.67 Billion | €9.17 Million/day | €- | €3.60 Billion | ▲ +144 days |
| 2014 | 257 days | €1.56 Billion | €6.07 Million/day | €- | €1.50 Billion | ▼ -192 days |
| 2013 | 449 days | €2.35 Billion | €5.24 Million/day | €- | €2.29 Billion | ▲ +280 days |
| 2012 | 169 days | €837.90 Million | €4.97 Million/day | €- | €772.20 Million | ▼ -15 days |
| 2011 | 184 days | €925.40 Million | €5.03 Million/day | €- | €869.40 Million | ▼ -156 days |
| 2010 | 339 days | €1.44 Billion | €4.25 Million/day | €- | €1.39 Billion | ▲ +198 days |
| 2009 | 141 days | €533.36 Million | €3.78 Million/day | €- | €533.36 Million | ▲ +139 days |
| 2008 | 2 days | €10.23 Million | €4.27 Million/day | €- | €10.23 Million | ▼ -208 days |
| 2007 | 211 days | €645.51 Million | €3.06 Million/day | €- | €645.51 Million | ▲ +61 days |
| 2006 | 150 days | €347.80 Million | €2.32 Million/day | €- | €347.80 Million | ▲ +138 days |
| 2002 | 12 days | €10.33 Million | €844.36K/day | €- | €- | ▼ -3 days |
| 2001 | 16 days | €8.70 Million | €554.73K/day | €- | €- | ▼ -42 days |
| 1998 | 57 days | €11.19 Million | €195.35K/day | €- | €436.00K | ▲ +75 days |
| 1997 | -18 days | €-2.36 Million | €133.68K/day | €- | €435.00K | ▼ -12 days |
| 1996 | -5 days | €-772.00K | €144.45K/day | €- | €436.00K | — |