LATAM Airlines Group S.A. (LTM) — Defensive Interval Ratio
LATAM Airlines Group S.A. (LTM) has a Defensive Interval Ratio of 87 days as of March 2026. Defensive assets of $1.79 Billion (cash $-, short-term investments $50.89 Million, receivables $1.73 Billion) cover 87 days of daily cash needs of $20.60 Million/day. Check tangible net worth ratio of LATAM Airlines Group S.A. to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
LATAM Airlines Group S.A. Defensive Interval Ratio (1997–2025)
This chart shows how LATAM Airlines Group S.A.'s Defensive Interval Ratio has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 87 days, meaning defensive assets of $1.79 Billion can fund 87 days of operations without new revenue. Also explore LTM year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for LATAM Airlines Group S.A. (1997–2025)
The table below presents the year-by-year Defensive Interval Ratio for LATAM Airlines Group S.A. from 1997 to 2025, covering 29 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 market value of LATAM Airlines Group S.A..
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 78 days | $1.56 Billion | $19.98 Million/day | $- | $16.71 Million | ▼ -4 days |
| 2024 | 82 days | $1.42 Billion | $17.24 Million/day | $- | $51.26 Million | ▼ -29 days |
| 2023 | 111 days | $1.73 Billion | $15.58 Million/day | $- | $139.85 Million | ▲ +14 days |
| 2022 | 97 days | $1.35 Billion | $13.94 Million/day | $- | $134.45 Million | ▲ +64 days |
| 2021 | 32 days | $1.09 Billion | $33.74 Million/day | $- | $78.05 Million | ▼ -7 days |
| 2020 | 39 days | $809.27 Million | $20.53 Million/day | $- | $45.91 Million | ▼ -63 days |
| 2019 | 102 days | $1.95 Billion | $19.07 Million/day | $- | $393.19 Million | ▼ -17 days |
| 2018 | 119 days | $1.82 Billion | $15.26 Million/day | $- | $330.96 Million | ▲ +9 days |
| 2017 | 110 days | $1.76 Billion | $16.01 Million/day | $- | $479.68 Million | ▼ -5 days |
| 2016 | 115 days | $1.96 Billion | $17.05 Million/day | $- | $683.66 Million | ▲ +9 days |
| 2015 | 106 days | $1.64 Billion | $15.45 Million/day | $- | $613.78 Million | ▼ -3 days |
| 2014 | 109 days | $1.75 Billion | $15.97 Million/day | $- | $547.23 Million | ▼ -27 days |
| 2013 | 136 days | $2.43 Billion | $17.83 Million/day | $- | $709.94 Million | ▲ +2 days |
| 2012 | 134 days | $2.12 Billion | $15.84 Million/day | $- | $477.54 Million | ▲ +18 days |
| 2011 | 115 days | $734.73 Million | $6.36 Million/day | $- | $196.48 Million | ▲ +34 days |
| 2010 | 82 days | $481.40 Million | $5.87 Million/day | $- | $- | ▼ -50 days |
| 2009 | 132 days | $552.61 Million | $4.17 Million/day | $- | $60.41 Million | ▼ -82 days |
| 2008 | 214 days | $810.21 Million | $3.78 Million/day | $- | $394.31 Million | ▼ -8 days |
| 2007 | 223 days | $685.10 Million | $3.08 Million/day | $- | $147.95 Million | ▲ +47 days |
| 2006 | 176 days | $421.35 Million | $2.40 Million/day | $- | $60.07 Million | ▼ -52 days |
| 2005 | 227 days | $426.11 Million | $1.88 Million/day | $- | $112.98 Million | ▲ +41 days |
| 2004 | 187 days | $297.48 Million | $1.59 Million/day | $- | $113.29 Million | ▲ +4 days |
| 2003 | 183 days | $253.69 Million | $1.39 Million/day | $- | $85.03 Million | ▲ +27 days |
| 2002 | 156 days | $195.63 Million | $1.26 Million/day | $- | $30.62 Million | ▼ -47 days |
| 2001 | 202 days | $233.84 Million | $1.16 Million/day | $- | $66.53 Million | ▼ -77 days |
| 2000 | 280 days | $253.70 Million | $907.45K/day | $- | $62.17 Million | ▲ +53 days |
| 1999 | 226 days | $153.23 Million | $676.96K/day | $- | $40.00K | ▲ +19 days |
| 1998 | 207 days | $167.70 Million | $810.68K/day | $- | $- | ▼ -63 days |
| 1997 | 270 days | $173.80 Million | $643.56K/day | $- | $- | — |