Packaging Corp of America (PKG) — Defensive Interval Ratio
Packaging Corp of America (PKG) has a Defensive Interval Ratio of 705 days as of September 2025. Defensive assets of $2.14 Billion (cash $634.00 Million, short-term investments $94.70 Million, receivables $1.41 Billion) cover 705 days of daily cash needs of $3.03 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Packaging Corp of America Defensive Interval Ratio (1998–2024)
This chart shows how Packaging Corp of America's Defensive Interval Ratio has evolved across 28 annual periods from 1998 to 2024. As of September 2025, the ratio stands at 705 days, meaning defensive assets of $2.14 Billion can fund 705 days of operations without new revenue. For the complete balance sheet picture, see PKG asset base.
Annual Defensive Interval Ratio for Packaging Corp of America (1998–2024)
The table below presents the year-by-year Defensive Interval Ratio for Packaging Corp of America from 1998 to 2024, covering 28 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 working capital to net assets of Packaging Corp of America 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) |
|---|---|---|---|---|---|---|
| 2024 | 707 days | $1.94 Billion | $2.74 Million/day | $685.00 Million | $102.00 Million | ▲ +79 days |
| 2023 | 628 days | $2.18 Billion | $3.47 Million/day | $648.00 Million | $493.50 Million | ▲ +14 days |
| 2022 | 614 days | $1.47 Billion | $2.40 Million/day | $320.00 Million | $85.20 Million | ▼ -122 days |
| 2021 | 736 days | $1.78 Billion | $2.42 Million/day | $618.70 Million | $86.10 Million | ▼ -159 days |
| 2020 | 894 days | $1.92 Billion | $2.14 Million/day | $974.60 Million | $105.60 Million | ▲ +68 days |
| 2019 | 827 days | $1.64 Billion | $1.98 Million/day | $679.50 Million | $87.90 Million | ▲ +153 days |
| 2018 | 674 days | $1.28 Billion | $1.90 Million/day | $361.50 Million | $- | ▲ +184 days |
| 2017 | 490 days | $1.12 Billion | $2.28 Million/day | $216.90 Million | $0.00 | ▲ +87 days |
| 2017 | 402 days | $689.00 Million | $1.71 Million/day | $- | $0.00 | ▼ -148 days |
| 2016 | 550 days | $942.40 Million | $1.71 Million/day | $239.30 Million | $- | ▲ +118 days |
| 2015 | 432 days | $664.70 Million | $1.54 Million/day | $- | $0.00 | ▲ +43 days |
| 2014 | 389 days | $651.20 Million | $1.67 Million/day | $- | $0.00 | ▲ +21 days |
| 2013 | 368 days | $666.04 Million | $1.81 Million/day | $- | $0.00 | ▼ -219 days |
| 2012 | 587 days | $417.63 Million | $711.91K/day | $- | $0.00 | ▲ +276 days |
| 2011 | 310 days | $319.99 Million | $1.03 Million/day | $- | $0.00 | ▲ +46 days |
| 2010 | 264 days | $293.16 Million | $1.11 Million/day | $- | $0.00 | ▼ -106 days |
| 2009 | 370 days | $375.92 Million | $1.02 Million/day | $- | $- | ▲ +113 days |
| 2008 | 257 days | $254.90 Million | $991.73K/day | $- | $- | ▲ +78 days |
| 2007 | 179 days | $275.92 Million | $1.54 Million/day | $- | $- | ▼ -68 days |
| 2006 | 247 days | $263.16 Million | $1.06 Million/day | $- | $- | ▲ +38 days |
| 2005 | 209 days | $213.18 Million | $1.02 Million/day | $- | $- | ▼ -27 days |
| 2004 | 236 days | $216.59 Million | $918.09K/day | $- | $- | ▲ +32 days |
| 2003 | 204 days | $191.41 Million | $939.66K/day | $- | $- | ▼ -12 days |
| 2002 | 216 days | $175.72 Million | $813.17K/day | $- | $- | ▼ -108 days |
| 2001 | 324 days | $170.18 Million | $525.74K/day | $- | $- | ▼ -37 days |
| 2000 | 361 days | $215.99 Million | $598.76K/day | $- | $- | ▲ +25 days |
| 1999 | 335 days | $209.10 Million | $623.29K/day | $- | $- | ▲ +220 days |
| 1998 | 115 days | $51.80 Million | $449.86K/day | $- | $- | — |