STMicroelectronics NV (0INB) — Defensive Interval Ratio

Latest as of September 2023: 266 days

STMicroelectronics NV (0INB) has a Defensive Interval Ratio of 266 days as of September 2023. Defensive assets of €2.72 Billion (cash €-, short-term investments €-, receivables €2.72 Billion) cover 266 days of daily cash needs of €10.24 Million/day. Check tangible equity quality of STMicroelectronics NV to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

266 days
Days of operational coverage

Defensive Assets

€2.72 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€10.24 Million
Current Liabilities ÷ 365

Current Liabilities

€3.74 Billion
EUR

STMicroelectronics NV Defensive Interval Ratio (2016–2020)

This chart shows how STMicroelectronics NV's Defensive Interval Ratio has evolved across 5 annual periods from 2016 to 2020. As of September 2023, the ratio stands at 266 days, meaning defensive assets of €2.72 Billion can fund 266 days of operations without new revenue. Also explore STMicroelectronics NV (0INB) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for STMicroelectronics NV (2016–2020)

The table below presents the year-by-year Defensive Interval Ratio for STMicroelectronics NV from 2016 to 2020, covering 5 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 STMicroelectronics NV market cap and net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2020 305 days €2.55 Billion €8.36 Million/day €- €714.00 Million ▼ -17 days
2019 322 days €1.82 Billion €5.65 Million/day €- €137.00 Million ▲ +10 days
2018 312 days €1.82 Billion €5.83 Million/day €- €330.00 Million ▲ +21 days
2017 291 days €1.62 Billion €5.56 Million/day €- €472.00 Million ▼ -1 days
2016 293 days €1.28 Billion €4.36 Million/day €- €337.00 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)