Airtel Africa Plc (AAF) — Defensive Interval Ratio

Latest as of December 2025: 36 days

Airtel Africa Plc (AAF) has a Defensive Interval Ratio of 36 days as of December 2025. Defensive assets of GBX475.00 Million (cash GBX-, short-term investments GBX299.00 Million, receivables GBX176.00 Million) cover 36 days of daily cash needs of GBX13.32 Million/day.

Defensive Interval Ratio

36 days
Days of operational coverage

Defensive Assets

GBX475.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX13.32 Million
Current Liabilities ÷ 365

Current Liabilities

GBX4.86 Billion
GBX

Airtel Africa Plc Defensive Interval Ratio (2017–2025)

This chart shows how Airtel Africa Plc's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at 36 days, meaning defensive assets of GBX475.00 Million can fund 36 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Airtel Africa Plc.

Annual Defensive Interval Ratio for Airtel Africa Plc (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Airtel Africa Plc from 2017 to 2025, covering 9 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 AAF working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 38 days GBX441.00 Million GBX11.62 Million/day GBX- GBX76.00 Million ▼ -13 days
2024 51 days GBX565.00 Million GBX11.08 Million/day GBX- GBX346.00 Million ▲ +4 days
2023 46 days GBX455.00 Million GBX9.79 Million/day GBX- GBX117.00 Million ▼ -26 days
2022 72 days GBX608.00 Million GBX8.42 Million/day GBX- GBX344.00 Million ▲ +22 days
2021 51 days GBX486.00 Million GBX9.60 Million/day GBX- GBX323.00 Million ▲ +16 days
2020 34 days GBX235.00 Million GBX6.82 Million/day GBX- GBX66.00 Million ▲ +5 days
2019 29 days GBX251.00 Million GBX8.51 Million/day GBX- GBX88.00 Million ▲ +8 days
2018 22 days GBX281.00 Million GBX12.86 Million/day GBX- GBX126.00 Million ▼ -2 days
2017 24 days GBX221.00 Million GBX9.16 Million/day GBX- GBX74.00 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)