Banco Santander SA ADR (SAN) — Defensive Interval Ratio
Banco Santander SA ADR (SAN) has a Defensive Interval Ratio of 197 days as of December 2025. Defensive assets of $138.91 Billion (cash $-, short-term investments $138.91 Billion, receivables $-) cover 197 days of daily cash needs of $706.30 Million/day. Check Banco Santander SA ADR tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Banco Santander SA ADR Defensive Interval Ratio (1991–2025)
This chart shows how Banco Santander SA ADR's Defensive Interval Ratio has evolved across 24 annual periods from 1991 to 2025. As of December 2025, the ratio stands at 197 days, meaning defensive assets of $138.91 Billion can fund 197 days of operations without new revenue. Also explore SAN net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Banco Santander SA ADR (1991–2025)
The table below presents the year-by-year Defensive Interval Ratio for Banco Santander SA ADR from 1991 to 2025, covering 24 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 Banco Santander SA ADR market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 197 days | $138.91 Billion | $706.30 Million/day | $- | $138.91 Billion | ▼ -767 days |
| 2024 | 964 days | $30.95 Billion | $32.11 Million/day | $- | $19.52 Billion | ▲ +798 days |
| 2023 | 166 days | $32.13 Billion | $193.87 Million/day | $- | $21.51 Billion | ▼ -507 days |
| 2022 | 673 days | $86.22 Billion | $128.10 Million/day | $- | $77.02 Billion | ▼ -665 days |
| 2021 | 1338 days | $106.13 Billion | $79.32 Million/day | $- | $100.38 Billion | ▼ -442 days |
| 2020 | 1779 days | $117.03 Billion | $65.76 Million/day | $- | $111.69 Billion | ▲ +424 days |
| 2019 | 1355 days | $128.09 Billion | $94.51 Million/day | $- | $121.27 Billion | ▼ -1687 days |
| 2018 | 3042 days | $126.48 Billion | $41.58 Million/day | $- | $119.49 Billion | ▼ -706 days |
| 2017 | 3748 days | $157.85 Billion | $42.12 Million/day | $- | $150.81 Billion | ▲ +207 days |
| 2016 | 3541 days | $136.43 Billion | $38.53 Million/day | $- | $130.01 Billion | ▼ -244 days |
| 2015 | 3785 days | $138.71 Billion | $36.65 Million/day | $- | $132.94 Billion | ▲ +879 days |
| 2014 | 2906 days | $124.22 Billion | $42.75 Million/day | $- | $117.76 Billion | ▼ -2362 days |
| 2013 | 5268 days | $93.48 Billion | $17.75 Million/day | $- | $87.73 Billion | ▲ +931 days |
| 2012 | 4337 days | $100.89 Billion | $23.27 Million/day | $- | $94.78 Billion | ▼ -6876 days |
| 2011 | 11212 days | $93.57 Billion | $8.35 Million/day | $- | $88.43 Billion | ▲ +11027 days |
| 2010 | 186 days | $100.15 Billion | $539.32 Million/day | $- | $94.66 Billion | ▲ +18 days |
| 2009 | 168 days | $99.08 Billion | $589.18 Million/day | $- | $94.25 Billion | ▼ -7387 days |
| 2008 | 7555 days | $68.88 Billion | $9.12 Million/day | $- | $66.57 Billion | ▲ +3144 days |
| 2007 | 4411 days | $57.81 Billion | $13.10 Million/day | $- | $55.96 Billion | ▼ -6385 days |
| 2006 | 10796 days | $115.34 Billion | $10.68 Million/day | $- | $114.12 Billion | ▼ -7119 days |
| 2004 | 17915 days | $79.85 Billion | $4.46 Million/day | $- | $78.46 Billion | ▼ -29141 days |
| 1993 | 47056 days | $16.11 Billion | $342.28K/day | $- | $- | ▲ +46538 days |
| 1992 | 518 days | $543.78 Million | $1.05 Million/day | $- | $- | ▲ +465 days |
| 1991 | 54 days | $1.98 Billion | $36.92 Million/day | $- | $- | — |