Novartis AG (NVSN) — Defensive Interval Ratio
Novartis AG (NVSN) has a Defensive Interval Ratio of 110 days as of March 2026. Defensive assets of MX$9.49 Billion (cash MX$-, short-term investments MX$100.00 Million, receivables MX$9.39 Billion) cover 110 days of daily cash needs of MX$85.96 Million/day. Check tangible net worth ratio of Novartis AG to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Novartis AG Defensive Interval Ratio (2014–2025)
This chart shows how Novartis AG's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 110 days, meaning defensive assets of MX$9.49 Billion can fund 110 days of operations without new revenue. Also explore net asset momentum of Novartis AG to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Novartis AG (2014–2025)
The table below presents the year-by-year Defensive Interval Ratio for Novartis AG from 2014 to 2025, 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 Novartis AG.
| Year | DIR (days) | Defensive Assets (MXN) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 121 days | MX$9.04 Billion | MX$74.73 Million/day | MX$- | MX$98.00 Million | ▲ +2 days |
| 2024 | 118 days | MX$9.31 Billion | MX$78.61 Million/day | MX$- | MX$1.89 Billion | ▲ +12 days |
| 2023 | 106 days | MX$7.68 Billion | MX$72.30 Million/day | MX$- | MX$569.00 Million | ▼ -142 days |
| 2022 | 248 days | MX$19.48 Billion | MX$78.51 Million/day | MX$- | MX$11.41 Billion | ▼ -38 days |
| 2021 | 286 days | MX$23.71 Billion | MX$82.76 Million/day | MX$- | MX$15.71 Billion | ▲ +175 days |
| 2020 | 112 days | MX$10.12 Billion | MX$90.57 Million/day | MX$- | MX$1.91 Billion | ▼ -25 days |
| 2019 | 136 days | MX$10.56 Billion | MX$77.44 Million/day | MX$- | MX$334.00 Million | ▼ -31 days |
| 2018 | 168 days | MX$13.62 Billion | MX$81.12 Million/day | MX$- | MX$2.69 Billion | ▼ -7 days |
| 2017 | 174 days | MX$11.18 Billion | MX$64.12 Million/day | MX$- | MX$625.00 Million | ▼ -1 days |
| 2016 | 176 days | MX$10.69 Billion | MX$60.85 Million/day | MX$- | MX$770.00 Million | ▲ +5 days |
| 2015 | 171 days | MX$11.08 Billion | MX$64.95 Million/day | MX$- | MX$630.00 Million | ▲ +27 days |
| 2014 | 143 days | MX$10.59 Billion | MX$73.90 Million/day | MX$- | MX$483.00 Million | — |