Gerdau S.A (GGBN) — Defensive Interval Ratio
Gerdau S.A (GGBN) has a Defensive Interval Ratio of 188 days as of September 2025. Defensive assets of MX$6.36 Billion (cash MX$-, short-term investments MX$484.01 Million, receivables MX$5.88 Billion) cover 188 days of daily cash needs of MX$33.85 Million/day. Check GGBN goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Gerdau S.A Defensive Interval Ratio (2013–2024)
This chart shows how Gerdau S.A's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 188 days, meaning defensive assets of MX$6.36 Billion can fund 188 days of operations without new revenue. Also explore Gerdau S.A net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Gerdau S.A (2013–2024)
The table below presents the year-by-year Defensive Interval Ratio for Gerdau S.A from 2013 to 2024, covering 12 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 market value of Gerdau S.A.
| Year | DIR (days) | Defensive Assets (MXN) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 191 days | MX$5.69 Billion | MX$29.73 Million/day | MX$- | MX$509.03 Million | ▼ -42 days |
| 2023 | 233 days | MX$7.21 Billion | MX$30.92 Million/day | MX$- | MX$2.34 Billion | ▲ +18 days |
| 2022 | 216 days | MX$7.96 Billion | MX$36.88 Million/day | MX$- | MX$2.96 Billion | ▲ +7 days |
| 2021 | 209 days | MX$8.04 Billion | MX$38.46 Million/day | MX$- | MX$2.63 Billion | ▼ -6 days |
| 2020 | 215 days | MX$6.78 Billion | MX$31.46 Million/day | MX$- | MX$3.04 Billion | ▼ -144 days |
| 2019 | 360 days | MX$7.31 Billion | MX$20.34 Million/day | MX$- | MX$3.65 Billion | ▲ +161 days |
| 2018 | 199 days | MX$4.63 Billion | MX$23.30 Million/day | MX$- | MX$459.47 Million | ▼ -14 days |
| 2017 | 213 days | MX$4.51 Billion | MX$21.13 Million/day | MX$- | MX$821.52 Million | ▼ -29 days |
| 2016 | 243 days | MX$5.73 Billion | MX$23.62 Million/day | MX$- | MX$1.02 Billion | ▼ -51 days |
| 2015 | 293 days | MX$6.32 Billion | MX$21.54 Million/day | MX$- | MX$330.80 Million | ▼ -35 days |
| 2014 | 328 days | MX$6.99 Billion | MX$21.30 Million/day | MX$- | MX$1.07 Billion | ▲ +68 days |
| 2013 | 260 days | MX$5.16 Billion | MX$19.83 Million/day | MX$- | MX$- | — |