Shell plc (SHEL) — Defensive Interval Ratio

Latest as of December 2025: 198 days

Shell plc (SHEL) has a Defensive Interval Ratio of 198 days as of December 2025. Defensive assets of GBX44.61 Billion (cash GBX-, short-term investments GBX-, receivables GBX44.61 Billion) cover 198 days of daily cash needs of GBX225.88 Million/day. Check Shell plc tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

198 days
Days of operational coverage

Defensive Assets

GBX44.61 Billion
Cash + ST Investments + Receivables

Daily Cash Need

GBX225.88 Million
Current Liabilities ÷ 365

Current Liabilities

GBX82.45 Billion
GBX

Shell plc Defensive Interval Ratio (1998–2025)

This chart shows how Shell plc's Defensive Interval Ratio has evolved across 24 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 198 days, meaning defensive assets of GBX44.61 Billion can fund 198 days of operations without new revenue. Also explore SHEL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Shell plc (1998–2025)

The table below presents the year-by-year Defensive Interval Ratio for Shell plc from 1998 to 2025, covering 24 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 SHEL company net worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 198 days GBX44.61 Billion GBX225.88 Million/day GBX- GBX- ▲ +78 days
2024 120 days GBX31.23 Billion GBX260.37 Million/day GBX- GBX- ▼ -19 days
2023 139 days GBX36.46 Billion GBX261.55 Million/day GBX- GBX- ▲ +20 days
2022 119 days GBX39.54 Billion GBX332.36 Million/day GBX- GBX- ▼ -84 days
2021 203 days GBX53.21 Billion GBX261.77 Million/day GBX- GBX- ▲ +119 days
2020 84 days GBX17.02 Billion GBX202.60 Million/day GBX- GBX-12.92 Billion ▼ -34 days
2019 118 days GBX25.64 Billion GBX218.15 Million/day GBX- GBX-13.49 Billion ▼ -56 days
2018 174 days GBX37.08 Billion GBX213.19 Million/day GBX- GBX- ▼ -12 days
2017 186 days GBX40.62 Billion GBX218.54 Million/day GBX- GBX- ▲ +10 days
2016 176 days GBX35.50 Billion GBX202.26 Million/day GBX- GBX- ▲ +24 days
2015 151 days GBX29.41 Billion GBX194.38 Million/day GBX- GBX- ▼ -20 days
2014 172 days GBX40.53 Billion GBX236.20 Million/day GBX- GBX- ▲ +19 days
2013 153 days GBX39.09 Billion GBX255.50 Million/day GBX- GBX- ▼ -46 days
2012 199 days GBX52.77 Billion GBX265.70 Million/day GBX- GBX- ▲ +236 days
2010 -38 days GBX-10.37 Billion GBX275.48 Million/day GBX- GBX-10.37 Billion ▲ +5 days
2009 -43 days GBX-10.01 Billion GBX232.30 Million/day GBX- GBX-10.01 Billion ▼ -22 days
2008 -21 days GBX-6.20 Billion GBX289.12 Million/day GBX- GBX-6.20 Billion ▼ -212 days
2007 191 days GBX49.40 Billion GBX258.59 Million/day GBX- GBX-5.56 Billion ▲ +21 days
2006 170 days GBX35.73 Billion GBX210.27 Million/day GBX- GBX-3.93 Billion ▲ +181 days
2005 -11 days GBX-2.49 Billion GBX232.78 Million/day GBX- GBX-2.49 Billion ▼ -30 days
2004 19 days GBX2.79 Billion GBX144.39 Million/day GBX- GBX- ▲ +19 days
2000 0 days GBX4.00 Million GBX116.98 Million/day GBX- GBX4.00 Million ▼ 0 days
1999 0 days GBX8.00 Million GBX91.68 Million/day GBX- GBX8.00 Million ▼ 0 days
1998 0 days GBX19.00 Million GBX85.32 Million/day GBX- GBX19.00 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)