Aperam SA (APAM) — Defensive Interval Ratio

Latest as of June 2026: 105 days

Aperam SA (APAM) has a Defensive Interval Ratio of 105 days as of June 2026. Defensive assets of €602.00 Million (cash €-, short-term investments €-, receivables €602.00 Million) cover 105 days of daily cash needs of €5.75 Million/day.

Defensive Interval Ratio

105 days
Days of operational coverage

Defensive Assets

€602.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

€5.75 Million
Current Liabilities ÷ 365

Current Liabilities

€2.10 Billion
EUR

Aperam SA Defensive Interval Ratio (2015–2025)

This chart shows how Aperam SA's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of June 2026, the ratio stands at 105 days, meaning defensive assets of €602.00 Million can fund 105 days of operations without new revenue. For the complete balance sheet picture, see APAM total assets.

Annual Defensive Interval Ratio for Aperam SA (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Aperam SA from 2015 to 2025, covering 11 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 APAM working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 97 days €435.00 Million €4.51 Million/day €- €- ▼ -115 days
2024 211 days €384.00 Million €1.82 Million/day €- €- ▲ +127 days
2023 85 days €429.00 Million €5.07 Million/day €- €- ▼ -94 days
2022 179 days €911.00 Million €5.09 Million/day €457.00 Million €- ▼ -34 days
2021 213 days €1.08 Billion €5.08 Million/day €524.00 Million €- ▲ +15 days
2020 198 days €587.00 Million €2.97 Million/day €358.00 Million €- ▲ +124 days
2019 74 days €233.00 Million €3.15 Million/day €- €- ▼ -6 days
2018 80 days €280.00 Million €3.50 Million/day €- €- ▼ -8 days
2017 88 days €278.00 Million €3.15 Million/day €- €- ▲ +26 days
2016 62 days €243.00 Million €3.90 Million/day €- €- ▼ -17 days
2015 79 days €260.00 Million €3.27 Million/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)