Philip Morris International Inc (PM) — Defensive Interval Ratio

Latest as of March 2026: 89 days

Philip Morris International Inc (PM) has a Defensive Interval Ratio of 89 days as of March 2026. Defensive assets of $6.39 Billion (cash $-, short-term investments $-, receivables $6.39 Billion) cover 89 days of daily cash needs of $71.84 Million/day. Check Philip Morris International Inc (PM) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

89 days
Days of operational coverage

Defensive Assets

$6.39 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$71.84 Million
Current Liabilities ÷ 365

Current Liabilities

$26.22 Billion
USD

Philip Morris International Inc Defensive Interval Ratio (2004–2025)

This chart shows how Philip Morris International Inc's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at 89 days, meaning defensive assets of $6.39 Billion can fund 89 days of operations without new revenue. Also explore Philip Morris International Inc net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Philip Morris International Inc (2004–2025)

The table below presents the year-by-year Defensive Interval Ratio for Philip Morris International Inc from 2004 to 2025, covering 22 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 Philip Morris International Inc market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 153 days $10.68 Billion $69.66 Million/day $4.87 Billion $- ▲ +12 days
2024 142 days $8.89 Billion $62.78 Million/day $4.22 Billion $- ▲ +39 days
2023 103 days $7.45 Billion $72.28 Million/day $3.06 Billion $1.00 Million ▼ -3 days
2022 106 days $7.96 Billion $74.89 Million/day $3.21 Billion $- ▼ -3131 days
2021 3238 days $8.44 Billion $2.61 Million/day $4.50 Billion $- ▲ +2943 days
2020 295 days $15.84 Billion $53.74 Million/day $7.28 Billion $4.80 Billion ▲ +90 days
2019 205 days $10.58 Billion $51.60 Million/day $6.86 Billion $- ▼ -11 days
2018 216 days $10.16 Billion $47.10 Million/day $6.59 Billion $- ▼ -63 days
2017 279 days $12.19 Billion $43.73 Million/day $8.45 Billion $0.00 ▲ +107 days
2016 172 days $7.74 Billion $45.12 Million/day $4.24 Billion $0.00 ▲ +106 days
2015 66 days $2.78 Billion $42.15 Million/day $- $0.00 ▼ -31 days
2014 97 days $4.00 Billion $41.40 Million/day $- $0.00 ▲ +14 days
2013 82 days $3.85 Billion $46.76 Million/day $- $0.00 ▲ +5 days
2012 77 days $3.59 Billion $46.62 Million/day $- $0.00 ▼ -2 days
2011 79 days $3.20 Billion $40.53 Million/day $- $0.00 ▼ -7 days
2010 86 days $3.01 Billion $35.08 Million/day $- $0.00 ▼ -15 days
2009 101 days $3.10 Billion $30.62 Million/day $- $0.00 ▼ -1 days
2008 102 days $2.85 Billion $27.79 Million/day $- $- ▼ -41 days
2007 143 days $3.35 Billion $23.43 Million/day $- $- ▲ +9 days
2006 134 days $2.56 Billion $19.15 Million/day $- $- ▼ -16 days
2005 149 days $2.59 Billion $17.35 Million/day $- $- ▼ -64 days
2004 213 days $3.37 Billion $15.81 Million/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)