Acerinox (ACX) — Defensive Interval Ratio

Latest as of March 2026: 135 days

Acerinox (ACX) has a Defensive Interval Ratio of 135 days as of March 2026. Defensive assets of €677.00 Million (cash €-, short-term investments €44.00 Million, receivables €633.00 Million) cover 135 days of daily cash needs of €5.01 Million/day. See ACX current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

135 days
Days of operational coverage

Defensive Assets

€677.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

€5.01 Million
Current Liabilities ÷ 365

Current Liabilities

€1.83 Billion
EUR

Acerinox Defensive Interval Ratio (2000–2025)

This chart shows how Acerinox's Defensive Interval Ratio has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 135 days, meaning defensive assets of €677.00 Million can fund 135 days of operations without new revenue. See ACX equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Acerinox (2000–2025)

The table below presents the year-by-year Defensive Interval Ratio for Acerinox from 2000 to 2025, covering 26 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 Acerinox market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 123 days €579.17 Million €4.70 Million/day €- €4.14 Million ▼ -13 days
2024 137 days €702.40 Million €5.14 Million/day €- €83.30 Million ▲ +13 days
2023 124 days €644.20 Million €5.21 Million/day €- €4.35 Million ▼ -292 days
2022 416 days €2.22 Billion €5.33 Million/day €1.55 Billion €9.78 Million ▲ +19 days
2021 397 days €2.14 Billion €5.39 Million/day €1.27 Billion €15.35 Million ▼ -22 days
2020 419 days €1.48 Billion €3.54 Million/day €917.12 Million €22.66 Million ▲ +247 days
2019 171 days €570.27 Million €3.33 Million/day €- €7.11 Million ▼ -5 days
2018 176 days €610.15 Million €3.46 Million/day €- €7.75 Million ▼ -6 days
2017 182 days €641.32 Million €3.52 Million/day €- €23.04 Million ▼ -19 days
2016 201 days €603.21 Million €3.00 Million/day €- €27.12 Million ▲ +38 days
2015 163 days €493.88 Million €3.03 Million/day €- €15.50 Million ▲ +2 days
2014 161 days €570.22 Million €3.54 Million/day €- €84.58 Million ▲ +52 days
2013 109 days €432.63 Million €3.96 Million/day €- €12.16 Million ▼ -17 days
2012 126 days €456.29 Million €3.63 Million/day €- €16.61 Million ▼ -35 days
2011 160 days €527.79 Million €3.29 Million/day €- €17.25 Million ▲ +10 days
2010 150 days €546.02 Million €3.63 Million/day €- €11.06 Million ▲ +20 days
2009 130 days €380.36 Million €2.92 Million/day €- €9.18 Million ▼ -56 days
2008 186 days €405.46 Million €2.17 Million/day €- €17.58 Million ▼ -24 days
2007 210 days €841.65 Million €4.00 Million/day €- €28.70 Million ▲ +22 days
2006 189 days €1.08 Billion €5.71 Million/day €- €35.76 Million ▲ +0 days
2005 188 days €560.59 Million €2.98 Million/day €- €30.86 Million ▲ +10 days
2004 179 days €614.14 Million €3.43 Million/day €- €5.59 Million ▼ -2391 days
2003 2570 days €513.44 Million €199.79K/day €- €3.19 Million ▲ +2327 days
2002 243 days €419.44 Million €1.73 Million/day €- €3.22 Million ▼ -876 days
2001 1119 days €308.26 Million €275.54K/day €- €3.69 Million ▲ +861 days
2000 257 days €340.38 Million €1.32 Million/day €- €3.99 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)