Graham Holdings Co (GHC) — Defensive Interval Ratio
Graham Holdings Co (GHC) has a Defensive Interval Ratio of 477 days as of June 2026. Defensive assets of $1.60 Billion (cash $-, short-term investments $1.09 Billion, receivables $508.09 Million) cover 477 days of daily cash needs of $3.35 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Graham Holdings Co Defensive Interval Ratio (1985–2025)
This chart shows how Graham Holdings Co's Defensive Interval Ratio has evolved across 41 annual periods from 1985 to 2025. As of June 2026, the ratio stands at 477 days, meaning defensive assets of $1.60 Billion can fund 477 days of operations without new revenue. For the complete balance sheet picture, see GHC asset base.
Annual Defensive Interval Ratio for Graham Holdings Co (1985–2025)
The table below presents the year-by-year Defensive Interval Ratio for Graham Holdings Co 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 Graham Holdings Co current assets vs equity 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 | 512 days | $1.95 Billion | $3.80 Million/day | $266.99 Million | $1.09 Billion | ▲ +13 days |
| 2024 | 499 days | $1.64 Billion | $3.29 Million/day | $260.85 Million | $858.74 Million | ▲ +84 days |
| 2023 | 415 days | $1.40 Billion | $3.37 Million/day | $169.90 Million | $697.03 Million | ▼ -10 days |
| 2022 | 425 days | $1.33 Billion | $3.14 Million/day | $169.32 Million | $622.41 Million | ▼ -79 days |
| 2021 | 504 days | $1.61 Billion | $3.20 Million/day | $145.89 Million | $824.45 Million | ▼ -99 days |
| 2020 | 603 days | $1.57 Billion | $2.60 Million/day | $413.99 Million | $587.58 Million | ▲ +100 days |
| 2019 | 503 days | $1.44 Billion | $2.85 Million/day | $200.16 Million | $599.97 Million | ▼ -113 days |
| 2018 | 615 days | $1.37 Billion | $2.23 Million/day | $253.26 Million | $514.58 Million | ▼ -46 days |
| 2017 | 661 days | $1.59 Billion | $2.41 Million/day | $390.01 Million | $557.15 Million | ▼ -121 days |
| 2016 | 782 days | $1.75 Billion | $2.24 Million/day | $648.88 Million | $448.24 Million | ▲ +278 days |
| 2015 | 503 days | $1.00 Billion | $1.99 Million/day | $- | $379.44 Million | ▲ +226 days |
| 2014 | 277 days | $798.11 Million | $2.88 Million/day | $- | $226.75 Million | ▼ -101 days |
| 2013 | 379 days | $968.96 Million | $2.56 Million/day | $- | $522.32 Million | ▲ +113 days |
| 2012 | 265 days | $818.14 Million | $3.09 Million/day | $- | $418.94 Million | ▼ -9 days |
| 2011 | 274 days | $748.39 Million | $2.73 Million/day | $- | $338.67 Million | ▼ -17 days |
| 2010 | 291 days | $804.08 Million | $2.76 Million/day | $- | $373.75 Million | ▼ -10 days |
| 2009 | 301 days | $815.67 Million | $2.71 Million/day | $- | $385.00 Million | ▲ +22 days |
| 2008 | 279 days | $836.70 Million | $3.00 Million/day | $- | $357.34 Million | ▲ +87 days |
| 2007 | 192 days | $532.42 Million | $2.78 Million/day | $- | $51.68 Million | ▼ -14 days |
| 2006 | 206 days | $452.33 Million | $2.20 Million/day | $- | $28.92 Million | ▼ -53 days |
| 2005 | 259 days | $492.80 Million | $1.90 Million/day | $- | $67.60 Million | ▼ -13 days |
| 2004 | 272 days | $512.16 Million | $1.89 Million/day | $- | $149.30 Million | ▲ +102 days |
| 2003 | 170 days | $331.44 Million | $1.95 Million/day | $- | $2.62 Million | ▲ +28 days |
| 2002 | 142 days | $287.13 Million | $2.02 Million/day | $- | $1.75 Million | ▼ -106 days |
| 2001 | 249 days | $295.69 Million | $1.19 Million/day | $- | $16.37 Million | ▼ -34 days |
| 2000 | 283 days | $316.96 Million | $1.12 Million/day | $- | $10.95 Million | ▲ +147 days |
| 1999 | 136 days | $307.50 Million | $2.25 Million/day | $- | $37.20 Million | ▼ -153 days |
| 1998 | 289 days | $308.20 Million | $1.07 Million/day | $- | $71.70 Million | ▲ +143 days |
| 1997 | 146 days | $244.20 Million | $1.67 Million/day | $- | $- | ▼ -156 days |
| 1996 | 302 days | $233.10 Million | $771.51K/day | $- | $- | ▲ +64 days |
| 1995 | 238 days | $200.70 Million | $844.38K/day | $- | $- | ▼ -30 days |
| 1994 | 267 days | $200.00 Million | $748.22K/day | $- | $24.60 Million | ▲ +69 days |
| 1993 | 198 days | $140.50 Million | $708.22K/day | $- | $- | ▲ +32 days |
| 1992 | 166 days | $128.40 Million | $773.42K/day | $- | $- | ▼ -9 days |
| 1991 | 175 days | $138.60 Million | $789.86K/day | $- | $- | ▲ +13 days |
| 1990 | 163 days | $131.80 Million | $810.68K/day | $- | $- | ▼ -19 days |
| 1989 | 181 days | $134.00 Million | $739.73K/day | $- | $- | ▼ -66 days |
| 1988 | 247 days | $129.90 Million | $526.58K/day | $- | $- | ▼ -19 days |
| 1987 | 266 days | $156.10 Million | $587.95K/day | $- | $- | ▲ +6 days |
| 1986 | 259 days | $131.40 Million | $507.12K/day | $- | $- | ▼ -6 days |
| 1985 | 265 days | $113.90 Million | $429.32K/day | $- | $- | — |