ConocoPhillips (COP) — Defensive Interval Ratio
ConocoPhillips (COP) has a Defensive Interval Ratio of 237 days as of June 2026. Defensive assets of $8.07 Billion (cash $-, short-term investments $1.12 Billion, receivables $6.96 Billion) cover 237 days of daily cash needs of $34.12 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
ConocoPhillips Defensive Interval Ratio (1985–2025)
This chart shows how ConocoPhillips's Defensive Interval Ratio has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 237 days, meaning defensive assets of $8.07 Billion can fund 237 days of operations without new revenue. For the complete balance sheet picture, see ConocoPhillips asset portfolio.
Annual Defensive Interval Ratio for ConocoPhillips (1985–2025)
The table below presents the year-by-year Defensive Interval Ratio for ConocoPhillips 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. See working capital to net assets of ConocoPhillips 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 | 390 days | $12.79 Billion | $32.80 Million/day | $6.50 Billion | $484.00 Million | ▲ +4 days |
| 2024 | 386 days | $12.81 Billion | $33.22 Million/day | $5.61 Billion | $507.00 Million | ▼ -55 days |
| 2023 | 441 days | $12.08 Billion | $27.41 Million/day | $5.63 Billion | $971.00 Million | ▼ -23 days |
| 2022 | 464 days | $16.33 Billion | $35.20 Million/day | $6.46 Billion | $2.79 Billion | ▲ +61 days |
| 2021 | 403 days | $13.26 Billion | $32.93 Million/day | $5.03 Billion | $1.56 Billion | ▼ -319 days |
| 2020 | 722 days | $10.61 Billion | $14.70 Million/day | $2.99 Billion | $4.87 Billion | ▲ +125 days |
| 2019 | 597 days | $11.52 Billion | $19.30 Million/day | $5.09 Billion | $3.03 Billion | ▲ +92 days |
| 2018 | 505 days | $10.23 Billion | $20.26 Million/day | $5.92 Billion | $248.00 Million | ▲ +19 days |
| 2017 | 486 days | $12.52 Billion | $25.75 Million/day | $6.33 Billion | $1.87 Billion | ▲ +98 days |
| 2016 | 388 days | $7.34 Billion | $18.93 Million/day | $3.61 Billion | $319.00 Million | ▲ +179 days |
| 2015 | 209 days | $5.30 Billion | $25.36 Million/day | $- | $783.00 Million | ▼ -7 days |
| 2014 | 215 days | $6.81 Billion | $31.61 Million/day | $- | $1.00 Million | ▼ -17 days |
| 2013 | 232 days | $9.63 Billion | $41.45 Million/day | $- | $1.14 Billion | ▼ -18 days |
| 2012 | 250 days | $11.97 Billion | $47.79 Million/day | $- | $2.79 Billion | ▼ -32 days |
| 2011 | 282 days | $21.72 Billion | $76.90 Million/day | $- | $5.19 Billion | ▼ -64 days |
| 2010 | 347 days | $26.04 Billion | $75.12 Million/day | $- | $10.23 Billion | ▲ +143 days |
| 2009 | 204 days | $13.21 Billion | $64.92 Million/day | $- | $0.00 | ▲ +3 days |
| 2008 | 201 days | $11.99 Billion | $59.67 Million/day | $- | $- | ▼ -21 days |
| 2007 | 222 days | $16.35 Billion | $73.65 Million/day | $- | $- | ▲ +27 days |
| 2006 | 195 days | $14.11 Billion | $72.41 Million/day | $- | $- | ▼ -9 days |
| 2005 | 204 days | $11.94 Billion | $58.52 Million/day | $- | $- | ▼ -2 days |
| 2004 | 206 days | $8.79 Billion | $42.70 Million/day | $- | $- | ▲ +75 days |
| 2003 | 130 days | $5.00 Billion | $38.39 Million/day | $- | $- | ▲ +6 days |
| 2002 | 125 days | $4.38 Billion | $35.11 Million/day | $- | $- | ▲ +26 days |
| 2001 | 99 days | $1.23 Billion | $12.44 Million/day | $- | $- | ▼ -87 days |
| 2000 | 186 days | $1.78 Billion | $9.57 Million/day | $- | $- | ▼ -76 days |
| 1999 | 262 days | $1.81 Billion | $6.90 Million/day | $- | $- | ▲ +42 days |
| 1998 | 219 days | $1.28 Billion | $5.84 Million/day | $- | $- | ▼ -37 days |
| 1997 | 256 days | $1.72 Billion | $6.70 Million/day | $- | $- | ▲ +25 days |
| 1996 | 231 days | $1.99 Billion | $8.59 Million/day | $- | $- | ▲ +34 days |
| 1995 | 197 days | $1.52 Billion | $7.71 Million/day | $- | $- | ▼ -21 days |
| 1994 | 219 days | $1.46 Billion | $6.69 Million/day | $- | $- | ▲ +18 days |
| 1993 | 201 days | $1.25 Billion | $6.22 Million/day | $- | $- | ▲ +17 days |
| 1992 | 184 days | $1.27 Billion | $6.90 Million/day | $- | $- | ▲ +7 days |
| 1991 | 176 days | $1.26 Billion | $7.13 Million/day | $- | $- | ▼ -24 days |
| 1990 | 200 days | $1.59 Billion | $7.97 Million/day | $- | $- | ▲ +18 days |
| 1989 | 182 days | $1.35 Billion | $7.41 Million/day | $- | $- | ▼ -4 days |
| 1988 | 186 days | $1.26 Billion | $6.76 Million/day | $- | $- | ▼ -6 days |
| 1987 | 193 days | $1.27 Billion | $6.58 Million/day | $- | $- | ▲ +22 days |
| 1986 | 171 days | $1.05 Billion | $6.11 Million/day | $- | $- | ▼ -22 days |
| 1985 | 193 days | $1.65 Billion | $8.52 Million/day | $- | $- | — |