CTT Correios de Portugal SA (CTT) — Defensive Interval Ratio

Latest as of June 2025: 186 days

CTT Correios de Portugal SA (CTT) has a Defensive Interval Ratio of 186 days as of June 2025. Defensive assets of €2.48 Billion (cash €-, short-term investments €2.30 Billion, receivables €180.60 Million) cover 186 days of daily cash needs of €13.34 Million/day. Check CTT Correios de Portugal SA tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

186 days
Days of operational coverage

Defensive Assets

€2.48 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€13.34 Million
Current Liabilities ÷ 365

Current Liabilities

€4.87 Billion
EUR

CTT Correios de Portugal SA Defensive Interval Ratio (2007–2024)

This chart shows how CTT Correios de Portugal SA's Defensive Interval Ratio has evolved across 18 annual periods from 2007 to 2024. As of June 2025, the ratio stands at 186 days, meaning defensive assets of €2.48 Billion can fund 186 days of operations without new revenue. Also explore net asset momentum of CTT Correios de Portugal SA to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for CTT Correios de Portugal SA (2007–2024)

The table below presents the year-by-year Defensive Interval Ratio for CTT Correios de Portugal SA from 2007 to 2024, covering 18 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 CTT market cap.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 197 days €2.59 Billion €13.14 Million/day €- €2.40 Billion ▲ +26 days
2023 172 days €1.79 Billion €10.45 Million/day €- €1.64 Billion ▲ +81 days
2022 91 days €758.95 Million €8.34 Million/day €- €611.82 Million ▲ +60 days
2021 31 days €229.83 Million €7.41 Million/day €- €68.90 Million ▼ -6 days
2020 37 days €228.03 Million €6.17 Million/day €- €74.42 Million ▼ -22 days
2019 59 days €303.74 Million €5.12 Million/day €- €34.72 Million ▼ -24 days
2018 83 days €307.82 Million €3.71 Million/day €- €118.68 Million ▼ -6 days
2017 89 days €277.42 Million €3.13 Million/day €- €109.71 Million ▼ -6 days
2016 95 days €212.04 Million €2.23 Million/day €- €62.14 Million ▲ +9 days
2015 86 days €135.86 Million €1.58 Million/day €- €- ▼ -2 days
2014 88 days €149.67 Million €1.69 Million/day €- €- ▼ -21 days
2013 109 days €146.82 Million €1.34 Million/day €- €- ▼ -11 days
2012 120 days €148.09 Million €1.23 Million/day €- €- ▼ -24 days
2011 144 days €171.66 Million €1.19 Million/day €- €- ▲ +18 days
2010 126 days €176.65 Million €1.40 Million/day €- €- ▲ +43 days
2009 84 days €194.62 Million €2.32 Million/day €- €- ▼ -2 days
2008 86 days €231.25 Million €2.68 Million/day €- €- ▼ -110 days
2007 197 days €603.37 Million €3.07 Million/day €- €380.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)