Copa Holdings SA Defensive Interval Ratio
Copa Holdings SA defensive interval ratio. Copa Holdings SA (CPA) has a Defensive Interval Ratio of 268 days as of June 2026. Defensive assets of $1.22 Billion (cash $-, short-term investments $996.41 Million, receivables $221.36 Million) cover 268 days of daily cash needs of $4.54 Million/day. Explore investment intensity of Copa Holdings SA to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Copa Holdings SA (2003–2025)
Defensive interval ratio of Copa Holdings SA from 2003 to 2025. This chart shows how Copa Holdings SA's Defensive Interval Ratio has evolved across 23 annual periods from 2003 to 2025. As of June 2026, the ratio stands at 268 days, meaning defensive assets of $1.22 Billion can fund 268 days of operations without new revenue. Read Copa Holdings SA balance sheet liabilities for a breakdown of total debt and financial obligations.
Copa Holdings SA Defensive Interval Ratio by Year (2003–2025)
Copa Holdings SA defensive interval ratio by year from 2003 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Copa Holdings SA from 2003 to 2025, covering 23 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 the complete balance sheet picture, see Copa Holdings SA asset portfolio.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 292 days | $1.15 Billion | $3.95 Million/day | $- | $955.60 Million | ▲ +84 days |
| 2024 | 208 days | $773.60 Million | $3.71 Million/day | $- | $585.92 Million | ▼ -45 days |
| 2023 | 253 days | $886.09 Million | $3.50 Million/day | $- | $708.81 Million | ▼ -78 days |
| 2022 | 331 days | $1.08 Billion | $3.27 Million/day | $122.42 Million | $812.32 Million | ▲ +18 days |
| 2021 | 313 days | $903.58 Million | $2.89 Million/day | $- | $806.34 Million | ▼ -65 days |
| 2020 | 378 days | $841.91 Million | $2.23 Million/day | $- | $770.82 Million | ▲ +87 days |
| 2019 | 291 days | $822.18 Million | $2.83 Million/day | $- | $692.40 Million | ▲ +51 days |
| 2018 | 239 days | $683.99 Million | $2.86 Million/day | $- | $566.20 Million | ▼ -126 days |
| 2017 | 365 days | $1.06 Billion | $2.90 Million/day | $238.79 Million | $705.11 Million | ▲ +95 days |
| 2016 | 270 days | $683.30 Million | $2.53 Million/day | $92.89 Million | $483.00 Million | ▲ +83 days |
| 2015 | 188 days | $503.90 Million | $2.68 Million/day | $- | $416.00 Million | ▼ -45 days |
| 2014 | 233 days | $619.49 Million | $2.66 Million/day | $- | $492.74 Million | ▼ -142 days |
| 2013 | 375 days | $1.07 Billion | $2.85 Million/day | $- | $930.40 Million | ▲ +88 days |
| 2012 | 287 days | $621.17 Million | $2.16 Million/day | $- | $484.84 Million | ▲ +63 days |
| 2011 | 225 days | $405.35 Million | $1.80 Million/day | $- | $262.35 Million | ▲ +20 days |
| 2010 | 205 days | $284.30 Million | $1.39 Million/day | $- | $194.91 Million | ▲ +66 days |
| 2009 | 139 days | $170.20 Million | $1.22 Million/day | $- | $89.41 Million | ▼ -44 days |
| 2008 | 183 days | $251.22 Million | $1.38 Million/day | $- | $176.02 Million | ▲ +93 days |
| 2007 | 89 days | $103.87 Million | $1.16 Million/day | $- | $22.50 Million | ▼ -7 days |
| 2006 | 96 days | $89.64 Million | $930.34K/day | $- | $27.50 Million | ▼ -5 days |
| 2005 | 101 days | $70.18 Million | $695.83K/day | $- | $20.38 Million | ▼ -9 days |
| 2004 | 110 days | $42.93 Million | $391.81K/day | $- | $15.22 Million | ▲ +18 days |
| 2003 | 92 days | $39.38 Million | $429.41K/day | $- | $8.36 Million | — |