American Airlines Group (AAL) — Defensive Interval Ratio

Latest as of March 2026: 108 days

American Airlines Group (AAL) has a Defensive Interval Ratio of 108 days as of March 2026. Defensive assets of $8.40 Billion (cash $-, short-term investments $6.39 Billion, receivables $2.01 Billion) cover 108 days of daily cash needs of $77.82 Million/day. Check American Airlines Group (AAL) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

108 days
Days of operational coverage

Defensive Assets

$8.40 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$77.82 Million
Current Liabilities ÷ 365

Current Liabilities

$28.41 Billion
USD

American Airlines Group Defensive Interval Ratio (1985–2025)

This chart shows how American Airlines Group's Defensive Interval Ratio has evolved across 41 annual periods from 1985 to 2025. As of March 2026, the ratio stands at 108 days, meaning defensive assets of $8.40 Billion can fund 108 days of operations without new revenue. Also explore American Airlines Group (AAL) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for American Airlines Group (1985–2025)

The table below presents the year-by-year Defensive Interval Ratio for American Airlines Group from 1985 to 2025, covering 41 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 AAL stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 104 days $6.96 Billion $67.10 Million/day $- $4.88 Billion ▼ -19 days
2024 123 days $8.19 Billion $66.56 Million/day $- $6.18 Billion ▼ -26 days
2023 149 days $9.03 Billion $60.44 Million/day $- $7.00 Billion ▼ -32 days
2022 181 days $10.66 Billion $58.89 Million/day $- $8.53 Billion ▼ -81 days
2021 262 days $13.66 Billion $52.07 Million/day $- $12.16 Billion ▲ +87 days
2020 175 days $7.96 Billion $45.39 Million/day $- $6.62 Billion ▲ +70 days
2019 106 days $5.30 Billion $50.17 Million/day $- $3.55 Billion ▼ -19 days
2018 125 days $6.19 Billion $49.58 Million/day $- $4.49 Billion ▼ -30 days
2017 155 days $6.52 Billion $42.08 Million/day $- $4.77 Billion ▼ -46 days
2016 201 days $7.63 Billion $38.01 Million/day $- $6.04 Billion ▲ +5 days
2015 196 days $7.29 Billion $37.27 Million/day $- $5.86 Billion ▼ -24 days
2014 220 days $8.08 Billion $36.72 Million/day $- $6.31 Billion ▼ -36 days
2013 256 days $9.67 Billion $37.82 Million/day $- $8.11 Billion ▲ +72 days
2012 184 days $4.54 Billion $24.69 Million/day $- $3.41 Billion ▼ -16 days
2011 200 days $4.72 Billion $23.64 Million/day $- $3.72 Billion ▼ -11 days
2010 211 days $5.07 Billion $24.05 Million/day $- $4.33 Billion ▼ -26 days
2009 237 days $5.01 Billion $21.17 Million/day $- $4.25 Billion ▲ +92 days
2008 145 days $3.73 Billion $25.68 Million/day $- $2.92 Billion ▼ -88 days
2007 233 days $5.41 Billion $23.24 Million/day $- $4.39 Billion ▼ -7 days
2006 240 days $5.58 Billion $23.30 Million/day $- $4.59 Billion ▲ +35 days
2005 205 days $4.67 Billion $22.79 Million/day $- $3.68 Billion ▲ +15 days
2004 190 days $3.65 Billion $19.23 Million/day $- $2.81 Billion ▲ +7 days
2003 183 days $3.28 Billion $17.97 Million/day $- $2.49 Billion ▲ +46 days
2002 136 days $2.70 Billion $19.84 Million/day $- $1.85 Billion ▼ -36 days
2001 172 days $3.55 Billion $20.58 Million/day $- $2.39 Billion ▼ -8 days
2000 180 days $3.45 Billion $19.15 Million/day $- $2.14 Billion ▲ +3 days
1999 177 days $2.84 Billion $16.07 Million/day $- $1.71 Billion ▲ +4 days
1998 173 days $2.67 Billion $15.45 Million/day $- $1.45 Billion ▼ -66 days
1997 239 days $3.67 Billion $15.39 Million/day $- $2.37 Billion ▲ +34 days
1996 205 days $3.12 Billion $15.25 Million/day $- $1.74 Billion ▲ +52 days
1995 153 days $1.97 Billion $12.86 Million/day $- $819.00 Million ▲ +8 days
1994 146 days $1.96 Billion $13.46 Million/day $- $754.00 Million ▲ +70 days
1993 75 days $910.00 Million $12.10 Million/day $- $- ▲ +2 days
1992 73 days $947.00 Million $12.93 Million/day $- $- ▲ +11 days
1991 62 days $803.00 Million $12.99 Million/day $- $- ▼ -10 days
1990 72 days $951.40 Million $13.22 Million/day $- $- ▼ -21 days
1989 93 days $886.10 Million $9.53 Million/day $- $- ▼ -16 days
1988 109 days $833.60 Million $7.66 Million/day $- $- ▼ -20 days
1987 129 days $729.20 Million $5.67 Million/day $- $- ▲ +2 days
1986 127 days $690.30 Million $5.44 Million/day $- $- ▼ -1 days
1985 128 days $631.60 Million $4.94 Million/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)