Air Products and Chemicals Inc (APD) — Defensive Interval Ratio
Air Products and Chemicals Inc (APD) has a Defensive Interval Ratio of 384 days as of December 2025. Defensive assets of $3.68 Billion (cash $1.03 Billion, short-term investments $-, receivables $2.65 Billion) cover 384 days of daily cash needs of $9.58 Million/day. Check APD tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Air Products and Chemicals Inc Defensive Interval Ratio (1985–2025)
This chart shows how Air Products and Chemicals Inc's Defensive Interval Ratio has evolved across 41 annual periods from 1985 to 2025. As of December 2025, the ratio stands at 384 days, meaning defensive assets of $3.68 Billion can fund 384 days of operations without new revenue. Also explore net asset growth rate of Air Products and Chemicals Inc to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Air Products and Chemicals Inc (1985–2025)
The table below presents the year-by-year Defensive Interval Ratio for Air Products and Chemicals Inc 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 how much is Air Products and Chemicals Inc worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 378 days | $4.37 Billion | $11.56 Million/day | $1.86 Billion | $0.00 | ▼ -72 days |
| 2024 | 450 days | $5.15 Billion | $11.45 Million/day | $2.98 Billion | $5.00 Million | ▲ +65 days |
| 2023 | 385 days | $4.11 Billion | $10.67 Million/day | $1.62 Billion | $332.20 Million | ▼ -177 days |
| 2022 | 562 days | $5.34 Billion | $9.50 Million/day | $2.71 Billion | $590.70 Million | ▼ -410 days |
| 2021 | 972 days | $7.46 Billion | $7.67 Million/day | $4.47 Billion | $1.33 Billion | ▼ -202 days |
| 2020 | 1174 days | $7.78 Billion | $6.62 Million/day | $5.25 Billion | $1.10 Billion | ▲ +407 days |
| 2019 | 768 days | $3.83 Billion | $4.99 Million/day | $2.25 Billion | $166.00 Million | ▲ +88 days |
| 2018 | 679 days | $4.35 Billion | $6.41 Million/day | $2.79 Billion | $184.70 Million | ▼ -86 days |
| 2017 | 765 days | $5.22 Billion | $6.82 Million/day | $3.27 Billion | $404.00 Million | ▲ +455 days |
| 2016 | 311 days | $2.79 Billion | $8.99 Million/day | $1.29 Billion | $19.90 Million | ▲ +132 days |
| 2015 | 179 days | $1.79 Billion | $9.99 Million/day | $- | $17.60 Million | ▼ -59 days |
| 2014 | 238 days | $1.93 Billion | $8.12 Million/day | $- | $23.70 Million | ▲ +16 days |
| 2013 | 223 days | $1.97 Billion | $8.84 Million/day | $- | $0.00 | ▼ -38 days |
| 2012 | 261 days | $1.92 Billion | $7.38 Million/day | $- | $1.10 Million | ▲ +5 days |
| 2011 | 256 days | $1.64 Billion | $6.42 Million/day | $- | $0.00 | ▼ -46 days |
| 2010 | 302 days | $1.85 Billion | $6.13 Million/day | $- | $0.00 | ▲ +45 days |
| 2009 | 258 days | $1.77 Billion | $6.86 Million/day | $- | $0.00 | ▼ -60 days |
| 2008 | 318 days | $1.92 Billion | $6.06 Million/day | $- | $- | ▲ +44 days |
| 2007 | 274 days | $1.82 Billion | $6.64 Million/day | $- | $- | ▼ -40 days |
| 2006 | 314 days | $2.00 Billion | $6.37 Million/day | $- | $- | ▼ -10 days |
| 2005 | 324 days | $1.72 Billion | $5.32 Million/day | $- | $- | ▼ -3 days |
| 2004 | 327 days | $1.53 Billion | $4.67 Million/day | $- | $- | ▲ +33 days |
| 2003 | 293 days | $1.27 Billion | $4.33 Million/day | $- | $- | ▼ -11 days |
| 2002 | 305 days | $1.05 Billion | $3.44 Million/day | $- | $- | ▲ +40 days |
| 2001 | 265 days | $981.30 Million | $3.71 Million/day | $- | $- | ▼ -21 days |
| 2000 | 286 days | $1.08 Billion | $3.77 Million/day | $- | $- | ▲ +94 days |
| 1999 | 191 days | $974.50 Million | $5.09 Million/day | $- | $- | ▼ -90 days |
| 1998 | 281 days | $975.20 Million | $3.47 Million/day | $- | $- | ▼ -44 days |
| 1997 | 325 days | $1.00 Billion | $3.08 Million/day | $- | $- | ▲ +131 days |
| 1996 | 194 days | $670.00 Million | $3.46 Million/day | $- | $- | ▲ +20 days |
| 1995 | 174 days | $625.00 Million | $3.59 Million/day | $- | $- | ▼ -50 days |
| 1994 | 224 days | $662.00 Million | $2.95 Million/day | $- | $- | ▼ -16 days |
| 1993 | 241 days | $576.70 Million | $2.39 Million/day | $- | $- | ▼ -11 days |
| 1992 | 251 days | $495.50 Million | $1.97 Million/day | $- | $- | ▲ +55 days |
| 1991 | 196 days | $421.30 Million | $2.15 Million/day | $- | $- | ▼ -60 days |
| 1990 | 256 days | $437.30 Million | $1.71 Million/day | $- | $- | ▼ -22 days |
| 1989 | 278 days | $377.30 Million | $1.35 Million/day | $- | $- | ▲ +35 days |
| 1988 | 243 days | $344.70 Million | $1.42 Million/day | $- | $- | ▼ -1 days |
| 1987 | 244 days | $289.90 Million | $1.19 Million/day | $- | $- | ▼ -46 days |
| 1986 | 291 days | $375.60 Million | $1.29 Million/day | $- | $- | ▲ +8 days |
| 1985 | 282 days | $381.50 Million | $1.35 Million/day | $- | $- | — |