Phillips 66 (PSX) — Defensive Interval Ratio

Latest as of March 2026: 180 days

Phillips 66 (PSX) has a Defensive Interval Ratio of 180 days as of March 2026. Defensive assets of $11.91 Billion (cash $-, short-term investments $-, receivables $11.91 Billion) cover 180 days of daily cash needs of $66.28 Million/day. Check Phillips 66 tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

180 days
Days of operational coverage

Defensive Assets

$11.91 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$66.28 Million
Current Liabilities ÷ 365

Current Liabilities

$24.19 Billion
USD

Phillips 66 Defensive Interval Ratio (2009–2025)

This chart shows how Phillips 66's Defensive Interval Ratio has evolved across 17 annual periods from 2009 to 2025. As of March 2026, the ratio stands at 180 days, meaning defensive assets of $11.91 Billion can fund 180 days of operations without new revenue. Also explore Phillips 66 annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Phillips 66 (2009–2025)

The table below presents the year-by-year Defensive Interval Ratio for Phillips 66 from 2009 to 2025, covering 17 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 how much is Phillips 66 worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 298 days $10.89 Billion $36.51 Million/day $1.12 Billion $- ▼ -11 days
2024 309 days $12.77 Billion $41.33 Million/day $1.74 Billion $- ▼ -38 days
2023 347 days $15.05 Billion $43.44 Million/day $3.32 Billion $- ▼ -54 days
2022 401 days $17.45 Billion $43.53 Million/day $6.13 Billion $329.00 Million ▲ +98 days
2021 303 days $10.62 Billion $35.07 Million/day $3.15 Billion $- ▼ -566 days
2020 869 days $22.66 Billion $26.08 Million/day $2.51 Billion $13.62 Billion ▲ +552 days
2019 317 days $10.12 Billion $31.91 Million/day $1.61 Billion $- ▼ -58 days
2018 375 days $9.19 Billion $24.48 Million/day $3.02 Billion $- ▼ -8 days
2017 384 days $10.62 Billion $27.69 Million/day $3.12 Billion $0.00 ▲ +32 days
2016 351 days $9.11 Billion $25.93 Million/day $2.71 Billion $0.00 ▲ +101 days
2015 251 days $5.17 Billion $20.63 Million/day $- $0.00 ▲ +12 days
2014 239 days $7.25 Billion $30.39 Million/day $- $0.00 ▼ -33 days
2013 272 days $9.63 Billion $35.43 Million/day $- $0.00 ▼ -32 days
2012 304 days $10.40 Billion $34.20 Million/day $- $0.00 ▲ +9 days
2011 295 days $10.03 Billion $33.93 Million/day $- $- ▼ -3 days
2010 298 days $10.21 Billion $34.25 Million/day $- $- ▲ +31 days
2009 268 days $6.84 Billion $25.58 Million/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)