Carvana Co (CVNA) — Defensive Interval Ratio

Latest as of December 2025: 176 days

Carvana Co (CVNA) has a Defensive Interval Ratio of 176 days as of December 2025. Defensive assets of $731.00 Million (cash $-, short-term investments $486.00 Million, receivables $245.00 Million) cover 176 days of daily cash needs of $4.16 Million/day. Check tangible net worth ratio of Carvana Co to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

176 days
Days of operational coverage

Defensive Assets

$731.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

$4.16 Million
Current Liabilities ÷ 365

Current Liabilities

$1.52 Billion
USD

Carvana Co Defensive Interval Ratio (2014–2025)

This chart shows how Carvana Co's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of December 2025, the ratio stands at 176 days, meaning defensive assets of $731.00 Million can fund 176 days of operations without new revenue. Also explore how fast is Carvana Co growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Carvana Co (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Carvana Co from 2014 to 2025, covering 12 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 Carvana Co market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 176 days $731.00 Million $4.16 Million/day $- $486.00 Million ▼ -34 days
2024 209 days $767.00 Million $3.67 Million/day $- $464.00 Million ▲ +59 days
2023 150 days $632.00 Million $4.21 Million/day $- $366.00 Million ▲ +69 days
2022 81 days $574.00 Million $7.10 Million/day $- $321.00 Million ▲ +7 days
2021 74 days $588.00 Million $7.92 Million/day $- $382.00 Million ▼ -90 days
2020 164 days $210.00 Million $1.28 Million/day $- $131.00 Million ▲ +106 days
2019 59 days $138.64 Million $2.37 Million/day $- $98.78 Million ▲ +22 days
2018 37 days $33.12 Million $902.77K/day $- $- ▲ +3 days
2017 34 days $28.55 Million $838.44K/day $- $14.44 Million ▲ +4 days
2016 30 days $15.96 Million $538.13K/day $- $10.27 Million ▼ -4 days
2015 34 days $6.51 Million $193.99K/day $- $2.12 Million ▲ +25 days
2014 8 days $450.00K $53.72K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)