Coinbase Global Inc (COIN) — Defensive Interval Ratio

Latest as of June 2026: 113 days

Coinbase Global Inc (COIN) has a Defensive Interval Ratio of 113 days as of June 2026. Defensive assets of $2.24 Billion (cash $-, short-term investments $174.78 Million, receivables $2.06 Billion) cover 113 days of daily cash needs of $19.78 Million/day.

Defensive Interval Ratio

113 days
Days of operational coverage

Defensive Assets

$2.24 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$19.78 Million
Current Liabilities ÷ 365

Current Liabilities

$7.22 Billion
USD

Coinbase Global Inc Defensive Interval Ratio (2019–2025)

This chart shows how Coinbase Global Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2019 to 2025. As of June 2026, the ratio stands at 113 days, meaning defensive assets of $2.24 Billion can fund 113 days of operations without new revenue. For the complete balance sheet picture, see how large is Coinbase Global Inc's balance sheet.

Annual Defensive Interval Ratio for Coinbase Global Inc (2019–2025)

The table below presents the year-by-year Defensive Interval Ratio for Coinbase Global Inc from 2019 to 2025, covering 7 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 working capital position of Coinbase Global Inc to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 99 days $2.35 Billion $23.84 Million/day $- $628.61 Million ▲ +11 days
2024 88 days $1.92 Billion $21.76 Million/day $- $1.00 Billion ▲ +21 days
2023 68 days $1.02 Billion $15.03 Million/day $- $386.02 Million ▲ +62 days
2022 6 days $1.33 Billion $221.41 Million/day $- $861.15 Million ▼ -9 days
2021 15 days $466.03 Million $31.29 Million/day $- $100.10 Million ▼ -6 days
2020 20 days $238.41 Million $11.64 Million/day $- $48.94 Million ▼ -33 days
2019 54 days $180.10 Million $3.35 Million/day $- $88.43 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)