Edwards Lifesciences Corp (EW) — Defensive Interval Ratio

Latest as of March 2026: 570 days

Edwards Lifesciences Corp (EW) has a Defensive Interval Ratio of 570 days as of March 2026. Defensive assets of $2.20 Billion (cash $-, short-term investments $1.23 Billion, receivables $973.00 Million) cover 570 days of daily cash needs of $3.86 Million/day. Check EW intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

570 days
Days of operational coverage

Defensive Assets

$2.20 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$3.86 Million
Current Liabilities ÷ 365

Current Liabilities

$1.41 Billion
USD

Edwards Lifesciences Corp Defensive Interval Ratio (1999–2025)

This chart shows how Edwards Lifesciences Corp's Defensive Interval Ratio has evolved across 27 annual periods from 1999 to 2025. As of March 2026, the ratio stands at 570 days, meaning defensive assets of $2.20 Billion can fund 570 days of operations without new revenue. Also explore EW year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Edwards Lifesciences Corp (1999–2025)

The table below presents the year-by-year Defensive Interval Ratio for Edwards Lifesciences Corp from 1999 to 2025, covering 27 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 Edwards Lifesciences Corp stock valuation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 1034 days $5.14 Billion $4.97 Million/day $2.94 Billion $1.29 Billion ▼ -106 days
2024 1141 days $4.70 Billion $4.12 Million/day $3.05 Billion $930.70 Million ▲ +386 days
2023 755 days $2.47 Billion $3.28 Million/day $1.14 Billion $500.50 Million ▲ +72 days
2022 683 days $1.91 Billion $2.80 Million/day $769.00 Million $446.30 Million ▼ -70 days
2021 754 days $2.13 Billion $2.83 Million/day $862.80 Million $604.00 Million ▼ -65 days
2020 819 days $2.01 Billion $2.45 Million/day $1.18 Billion $219.40 Million ▼ -37 days
2019 856 days $2.12 Billion $2.47 Million/day $1.18 Billion $337.80 Million ▲ +234 days
2018 622 days $1.49 Billion $2.40 Million/day $714.10 Million $242.40 Million ▲ +148 days
2017 474 days $1.82 Billion $3.83 Million/day $818.30 Million $519.20 Million ▼ -682 days
2016 1155 days $1.69 Billion $1.46 Million/day $930.10 Million $341.00 Million ▲ +504 days
2015 652 days $850.40 Million $1.30 Million/day $- $506.30 Million ▼ -281 days
2014 933 days $1.11 Billion $1.19 Million/day $- $785.00 Million ▲ +41 days
2013 892 days $844.50 Million $946.85K/day $- $516.50 Million ▲ +306 days
2012 586 days $558.00 Million $951.78K/day $- $210.50 Million ▼ -67 days
2011 653 days $600.00 Million $918.36K/day $- $279.30 Million ▲ +326 days
2010 327 days $302.50 Million $925.48K/day $- $0.00 ▼ -15 days
2009 342 days $272.10 Million $795.89K/day $- $- ▲ +41 days
2008 300 days $212.80 Million $708.22K/day $- $8.10 Million ▲ +111 days
2007 189 days $194.70 Million $1.03 Million/day $- $49.40 Million ▼ -16 days
2006 205 days $127.10 Million $619.73K/day $- $- ▼ -18 days
2005 223 days $118.50 Million $532.05K/day $- $- ▼ 0 days
2004 223 days $119.40 Million $535.34K/day $- $- ▼ -36 days
2003 259 days $118.50 Million $458.08K/day $- $- ▲ +59 days
2002 200 days $108.40 Million $542.19K/day $- $- ▲ +0 days
2001 200 days $100.60 Million $504.11K/day $- $- ▼ -15 days
2000 215 days $129.00 Million $600.00K/day $- $- ▼ -148 days
1999 363 days $155.00 Million $427.40K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)