Glencore PLC (GLEN) — Defensive Interval Ratio

Latest as of June 2025: 78 days

Glencore PLC (GLEN) has a Defensive Interval Ratio of 78 days as of June 2025. Defensive assets of GBX11.30 Billion (cash GBX-, short-term investments GBX50.00 Million, receivables GBX11.25 Billion) cover 78 days of daily cash needs of GBX144.09 Million/day.

Defensive Interval Ratio

78 days
Days of operational coverage

Defensive Assets

GBX11.30 Billion
Cash + ST Investments + Receivables

Daily Cash Need

GBX144.09 Million
Current Liabilities ÷ 365

Current Liabilities

GBX52.59 Billion
GBX

Glencore PLC Defensive Interval Ratio (2005–2024)

This chart shows how Glencore PLC's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of June 2025, the ratio stands at 78 days, meaning defensive assets of GBX11.30 Billion can fund 78 days of operations without new revenue. For the complete balance sheet picture, see Glencore PLC balance sheet assets.

Annual Defensive Interval Ratio for Glencore PLC (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for Glencore PLC from 2005 to 2024, covering 20 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 working capital to net assets of Glencore PLC 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)
2024 88 days GBX11.96 Billion GBX136.19 Million/day GBX- GBX- ▲ +8 days
2023 80 days GBX10.88 Billion GBX135.56 Million/day GBX- GBX21.00 Million ▼ -23 days
2022 103 days GBX15.12 Billion GBX146.36 Million/day GBX1.92 Billion GBX128.00 Million ▲ +24 days
2021 79 days GBX10.70 Billion GBX135.50 Million/day GBX- GBX70.25 Million ▼ -27 days
2020 106 days GBX11.50 Billion GBX108.06 Million/day GBX- GBX3.38 Billion ▼ -24 days
2019 131 days GBX14.13 Billion GBX108.08 Million/day GBX- GBX3.58 Billion ▲ +11 days
2018 120 days GBX13.25 Billion GBX110.61 Million/day GBX2.05 Billion GBX26.67 Million ▲ +17 days
2017 103 days GBX12.49 Billion GBX121.68 Million/day GBX- GBX61.48 Million ▲ +11 days
2016 92 days GBX10.94 Billion GBX118.81 Million/day GBX- GBX10.00 Million ▼ -3 days
2015 95 days GBX10.63 Billion GBX111.98 Million/day GBX- GBX39.00 Million ▼ -28 days
2014 123 days GBX14.86 Billion GBX120.40 Million/day GBX- GBX31.00 Million ▼ -23 days
2013 147 days GBX18.52 Billion GBX126.14 Million/day GBX- GBX36.00 Million ▲ +122 days
2012 25 days GBX3.26 Billion GBX129.18 Million/day GBX- GBX38.00 Million ▲ +25 days
2011 0 days GBX40.00 Million GBX86.24 Million/day GBX- GBX40.00 Million ▼ 0 days
2010 1 days GBX66.00 Million GBX100.93 Million/day GBX- GBX66.00 Million ▼ -72 days
2009 73 days GBX6.11 Billion GBX83.78 Million/day GBX- GBX75.00 Million ▲ +72 days
2008 1 days GBX113.00 Million GBX84.13 Million/day GBX- GBX113.00 Million ▼ -277 days
2007 279 days GBX24.01 Billion GBX86.21 Million/day GBX- GBX339.00 Million ▲ +25 days
2006 253 days GBX17.49 Billion GBX68.99 Million/day GBX- GBX6.39 Billion ▲ +29 days
2005 225 days GBX12.24 Billion GBX54.47 Million/day GBX- GBX3.84 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)