Enphase Energy Inc (ENPH) — Defensive Interval Ratio
Enphase Energy Inc (ENPH) has a Defensive Interval Ratio of 477 days as of March 2026. Defensive assets of $629.67 Million (cash $-, short-term investments $433.10 Million, receivables $196.58 Million) cover 477 days of daily cash needs of $1.32 Million/day. See ENPH current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Enphase Energy Inc Defensive Interval Ratio (2009–2025)
This chart shows how Enphase Energy Inc's Defensive Interval Ratio has evolved across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at 477 days, meaning defensive assets of $629.67 Million can fund 477 days of operations without new revenue. See ENPH equity financing ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Enphase Energy Inc (2009–2025)
The table below presents the year-by-year Defensive Interval Ratio for Enphase Energy Inc from 2009 to 2025, covering 17 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 ENPH stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 367 days | $1.27 Billion | $3.46 Million/day | $- | $1.04 Billion | ▼ -450 days |
| 2024 | 817 days | $1.48 Billion | $1.81 Million/day | $- | $1.25 Billion | ▼ -453 days |
| 2023 | 1270 days | $1.85 Billion | $1.46 Million/day | $- | $1.41 Billion | ▲ +366 days |
| 2022 | 904 days | $1.58 Billion | $1.75 Million/day | $- | $1.14 Billion | ▼ -118 days |
| 2021 | 1022 days | $1.23 Billion | $1.20 Million/day | $- | $897.34 Million | ▲ +885 days |
| 2020 | 137 days | $200.04 Million | $1.46 Million/day | $- | $0.00 | ▼ -130 days |
| 2019 | 266 days | $145.41 Million | $546.06K/day | $- | $- | ▲ +71 days |
| 2018 | 196 days | $78.94 Million | $403.18K/day | $- | $- | ▼ -64 days |
| 2017 | 260 days | $65.35 Million | $251.35K/day | $- | $0.00 | ▼ -9 days |
| 2016 | 269 days | $61.02 Million | $226.77K/day | $- | $0.00 | ▲ +38 days |
| 2015 | 231 days | $46.10 Million | $199.58K/day | $- | $0.00 | ▼ -50 days |
| 2014 | 281 days | $45.12 Million | $160.84K/day | $- | $0.00 | ▼ -70 days |
| 2013 | 351 days | $32.08 Million | $91.41K/day | $- | $0.00 | ▲ +52 days |
| 2012 | 299 days | $27.74 Million | $92.75K/day | $- | $0.00 | ▲ +172 days |
| 2011 | 127 days | $17.77 Million | $139.65K/day | $- | $- | ▼ -95 days |
| 2010 | 222 days | $8.02 Million | $36.17K/day | $- | $- | ▼ -188 days |
| 2009 | 409 days | $6.37 Million | $15.56K/day | $- | $- | — |