Sappi Ltd (SAP) — Defensive Interval Ratio
Sappi Ltd (SAP) has a Defensive Interval Ratio of 160 days as of December 2025. Defensive assets of ZAC592.54 Million (cash ZAC-, short-term investments ZAC-, receivables ZAC592.54 Million) cover 160 days of daily cash needs of ZAC3.71 Million/day. Check SAP 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
Sappi Ltd Defensive Interval Ratio (1998–2025)
This chart shows how Sappi Ltd's Defensive Interval Ratio has evolved across 25 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 160 days, meaning defensive assets of ZAC592.54 Million can fund 160 days of operations without new revenue. Also explore net asset momentum of Sappi Ltd to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Sappi Ltd (1998–2025)
The table below presents the year-by-year Defensive Interval Ratio for Sappi Ltd from 1998 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. For live market cap and the full company financial profile, see Sappi Ltd stock valuation.
| Year | DIR (days) | Defensive Assets (ZAC) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 173 days | ZAC691.86 Million | ZAC3.99 Million/day | ZAC- | ZAC- | ▼ -24 days |
| 2024 | 197 days | ZAC719.00 Million | ZAC3.64 Million/day | ZAC- | ZAC- | ▲ +61 days |
| 2023 | 136 days | ZAC491.00 Million | ZAC3.61 Million/day | ZAC- | ZAC-119.00 Million | ▼ -53 days |
| 2022 | 189 days | ZAC791.00 Million | ZAC4.18 Million/day | ZAC- | ZAC-1.00 Million | ▲ +75 days |
| 2021 | 115 days | ZAC412.00 Million | ZAC3.59 Million/day | ZAC- | ZAC-152.00 Million | ▼ -11 days |
| 2020 | 126 days | ZAC387.00 Million | ZAC3.08 Million/day | ZAC- | ZAC-71.00 Million | ▼ -31 days |
| 2019 | 157 days | ZAC521.00 Million | ZAC3.33 Million/day | ZAC- | ZAC-69.00 Million | ▼ -17 days |
| 2018 | 174 days | ZAC558.00 Million | ZAC3.21 Million/day | ZAC- | ZAC-76.00 Million | ▼ -13 days |
| 2017 | 187 days | ZAC533.00 Million | ZAC2.86 Million/day | ZAC- | ZAC-38.00 Million | ▲ +65 days |
| 2016 | 121 days | ZAC490.00 Million | ZAC4.04 Million/day | ZAC- | ZAC-27.00 Million | ▼ -30 days |
| 2015 | 151 days | ZAC452.00 Million | ZAC2.99 Million/day | ZAC- | ZAC-98.00 Million | ▼ -33 days |
| 2014 | 184 days | ZAC617.00 Million | ZAC3.35 Million/day | ZAC- | ZAC- | ▼ -8 days |
| 2013 | 192 days | ZAC635.00 Million | ZAC3.30 Million/day | ZAC- | ZAC- | ▼ -80 days |
| 2012 | 272 days | ZAC979.00 Million | ZAC3.60 Million/day | ZAC- | ZAC- | ▲ +97 days |
| 2011 | 175 days | ZAC790.00 Million | ZAC4.53 Million/day | ZAC- | ZAC-41.00 Million | ▲ +39 days |
| 2010 | 135 days | ZAC755.00 Million | ZAC5.59 Million/day | ZAC- | ZAC15.00 Million | ▼ -33 days |
| 2009 | 168 days | ZAC848.00 Million | ZAC5.04 Million/day | ZAC- | ZAC-10.00 Million | ▲ +36 days |
| 2008 | 132 days | ZAC698.00 Million | ZAC5.28 Million/day | ZAC- | ZAC- | ▲ +27 days |
| 2007 | 105 days | ZAC553.00 Million | ZAC5.25 Million/day | ZAC- | ZAC- | ▲ +0 days |
| 2006 | 105 days | ZAC480.00 Million | ZAC4.56 Million/day | ZAC- | ZAC- | ▲ +171 days |
| 2005 | -66 days | ZAC-269.00 Million | ZAC4.07 Million/day | ZAC- | ZAC- | ▼ -144 days |
| 2004 | 78 days | ZAC324.00 Million | ZAC4.18 Million/day | ZAC- | ZAC- | ▲ +0 days |
| 2003 | 77 days | ZAC282.00 Million | ZAC3.65 Million/day | ZAC- | ZAC- | ▼ -1 days |
| 1999 | 78 days | ZAC363.10 Million | ZAC4.63 Million/day | ZAC- | ZAC- | ▼ -44 days |
| 1998 | 123 days | ZAC507.70 Million | ZAC4.13 Million/day | ZAC- | ZAC- | — |