Steel Dynamics Inc (STLD) — Defensive Interval Ratio
Steel Dynamics Inc (STLD) has a Defensive Interval Ratio of 346 days as of March 2026. Defensive assets of $2.06 Billion (cash $-, short-term investments $-, receivables $2.06 Billion) cover 346 days of daily cash needs of $5.95 Million/day. Check Steel Dynamics Inc (STLD) tangible net worth to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Steel Dynamics Inc Defensive Interval Ratio (1995–2025)
This chart shows how Steel Dynamics Inc's Defensive Interval Ratio has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 346 days, meaning defensive assets of $2.06 Billion can fund 346 days of operations without new revenue. Also explore STLD net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Steel Dynamics Inc (1995–2025)
The table below presents the year-by-year Defensive Interval Ratio for Steel Dynamics Inc from 1995 to 2025, covering 31 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 STLD stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 289 days | $1.68 Billion | $5.81 Million/day | $- | $0.00 | ▲ +24 days |
| 2024 | 266 days | $1.57 Billion | $5.89 Million/day | $- | $147.81 Million | ▼ -99 days |
| 2023 | 365 days | $2.33 Billion | $6.39 Million/day | $- | $721.21 Million | ▼ -118 days |
| 2022 | 482 days | $2.68 Billion | $5.57 Million/day | $- | $628.22 Million | ▲ +168 days |
| 2021 | 314 days | $1.92 Billion | $6.10 Million/day | $- | $351.00K | ▲ +32 days |
| 2020 | 282 days | $971.92 Million | $3.45 Million/day | $- | $0.00 | ▼ -119 days |
| 2019 | 401 days | $1.11 Billion | $2.76 Million/day | $- | $262.17 Million | ▼ -55 days |
| 2018 | 456 days | $1.27 Billion | $2.79 Million/day | $- | $228.78 Million | ▲ +91 days |
| 2017 | 365 days | $868.84 Million | $2.38 Million/day | $- | $0.00 | ▼ -9 days |
| 2016 | 374 days | $729.78 Million | $1.95 Million/day | $- | $0.00 | ▼ -45 days |
| 2015 | 418 days | $613.61 Million | $1.47 Million/day | $- | $0.00 | ▲ +31 days |
| 2014 | 387 days | $902.83 Million | $2.33 Million/day | $- | $0.00 | ▲ +118 days |
| 2013 | 270 days | $720.60 Million | $2.67 Million/day | $- | $0.00 | ▼ -108 days |
| 2012 | 378 days | $631.02 Million | $1.67 Million/day | $- | $31.52 Million | ▲ +124 days |
| 2011 | 254 days | $764.73 Million | $3.01 Million/day | $- | $84.83 Million | ▼ -175 days |
| 2010 | 429 days | $659.50 Million | $1.54 Million/day | $- | $0.00 | ▲ +83 days |
| 2009 | 345 days | $563.62 Million | $1.63 Million/day | $- | $0.00 | ▲ +143 days |
| 2008 | 203 days | $539.33 Million | $2.66 Million/day | $- | $- | ▼ -68 days |
| 2007 | 270 days | $670.02 Million | $2.48 Million/day | $- | $- | ▼ -103 days |
| 2006 | 373 days | $408.38 Million | $1.09 Million/day | $- | $- | ▲ +16 days |
| 2005 | 357 days | $202.88 Million | $567.61K/day | $- | $- | ▼ -40 days |
| 2004 | 397 days | $253.86 Million | $638.93K/day | $- | $- | ▲ +97 days |
| 2003 | 300 days | $126.02 Million | $420.01K/day | $- | $- | ▼ -81 days |
| 2002 | 381 days | $118.48 Million | $311.10K/day | $- | $- | ▲ +128 days |
| 2001 | 253 days | $81.88 Million | $323.59K/day | $- | $- | ▼ -237 days |
| 2000 | 490 days | $102.99 Million | $210.13K/day | $- | $- | ▲ +42 days |
| 1999 | 448 days | $86.60 Million | $193.42K/day | $- | $- | ▲ +51 days |
| 1998 | 397 days | $65.90 Million | $166.03K/day | $- | $- | ▲ +184 days |
| 1997 | 213 days | $44.70 Million | $209.59K/day | $- | $- | ▲ +21 days |
| 1996 | 193 days | $32.50 Million | $168.77K/day | $- | $- | ▲ +192 days |
| 1995 | 1 days | $100.00K | $100.55K/day | $- | $- | — |