Plug Power Inc (PLUG) — Defensive Interval Ratio

Latest as of March 2026: 88 days

Plug Power Inc (PLUG) has a Defensive Interval Ratio of 88 days as of March 2026. Defensive assets of $130.82 Million (cash $-, short-term investments $-, receivables $130.82 Million) cover 88 days of daily cash needs of $1.48 Million/day. Check Plug Power Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

88 days
Days of operational coverage

Defensive Assets

$130.82 Million
Cash + ST Investments + Receivables

Daily Cash Need

$1.48 Million
Current Liabilities ÷ 365

Current Liabilities

$540.71 Million
USD

Plug Power Inc Defensive Interval Ratio (1998–2025)

This chart shows how Plug Power Inc's Defensive Interval Ratio has evolved across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 88 days, meaning defensive assets of $130.82 Million can fund 88 days of operations without new revenue. Also explore PLUG shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Plug Power Inc (1998–2025)

The table below presents the year-by-year Defensive Interval Ratio for Plug Power Inc from 1998 to 2025, covering 28 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 Plug Power Inc (PLUG) market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 143 days $240.03 Million $1.67 Million/day $- $- ▲ +21 days
2024 123 days $251.30 Million $2.05 Million/day $- $- ▲ +292 days
2023 -169 days $-447.50 Million $2.64 Million/day $- $-817.56 Million ▼ -1123 days
2022 954 days $1.66 Billion $1.74 Million/day $- $1.47 Billion ▼ -365 days
2021 1319 days $1.52 Billion $1.15 Million/day $- $1.39 Billion ▲ +1155 days
2020 164 days $113.50 Million $690.99K/day $- $0.00 ▲ +75 days
2019 89 days $45.78 Million $513.90K/day $- $- ▼ -4 days
2018 93 days $37.35 Million $401.01K/day $- $- ▼ -27 days
2017 120 days $38.08 Million $317.04K/day $- $13.90 Million ▼ -7 days
2016 127 days $23.14 Million $182.15K/day $- $11.22 Million ▼ -101 days
2015 228 days $26.66 Million $117.00K/day $- $4.01 Million ▼ -24 days
2014 251 days $17.71 Million $70.43K/day $- $0.00 ▲ +55 days
2013 197 days $6.79 Million $34.53K/day $- $0.00 ▲ +111 days
2012 86 days $4.02 Million $46.68K/day $- $0.00 ▼ -157 days
2011 243 days $13.39 Million $55.01K/day $- $0.00 ▼ -111 days
2010 355 days $14.60 Million $41.15K/day $- $10.40 Million ▼ -188 days
2009 543 days $109.34 Million $201.34K/day $- $107.33 Million ▲ +193 days
2008 350 days $78.65 Million $224.48K/day $- $76.49 Million ▼ -3523 days
2007 3873 days $158.23 Million $40.85K/day $- $153.62 Million ▼ -3353 days
2006 7227 days $243.12 Million $33.64K/day $- $242.22 Million ▲ +4456 days
2005 2771 days $77.20 Million $27.87K/day $- $75.69 Million ▲ +1066 days
2004 1705 days $50.86 Million $29.83K/day $- $47.87 Million ▲ +1153 days
2003 552 days $16.63 Million $30.13K/day $- $13.32 Million ▼ -613 days
2002 1165 days $32.74 Million $28.11K/day $- $28.59 Million ▼ -326 days
2001 1490 days $41.64 Million $27.94K/day $- $39.03 Million ▲ +408 days
2000 1083 days $29.64 Million $27.37K/day $- $28.22 Million ▲ +851 days
1999 232 days $5.21 Million $22.47K/day $- $- ▲ +49 days
1998 183 days $1.30 Million $7.12K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)