Companhia Siderurgica Nacional ADR (SID) — Defensive Interval Ratio

Latest as of June 2026: 79 days

Companhia Siderurgica Nacional ADR (SID) has a Defensive Interval Ratio of 79 days as of June 2026. Defensive assets of $5.68 Billion (cash $-, short-term investments $612.19 Million, receivables $5.07 Billion) cover 79 days of daily cash needs of $71.66 Million/day.

Defensive Interval Ratio

79 days
Days of operational coverage

Defensive Assets

$5.68 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$71.66 Million
Current Liabilities ÷ 365

Current Liabilities

$26.16 Billion
USD

Companhia Siderurgica Nacional ADR Defensive Interval Ratio (1997–2025)

This chart shows how Companhia Siderurgica Nacional ADR's Defensive Interval Ratio has evolved across 29 annual periods from 1997 to 2025. As of June 2026, the ratio stands at 79 days, meaning defensive assets of $5.68 Billion can fund 79 days of operations without new revenue. For the complete balance sheet picture, see SID asset base.

Annual Defensive Interval Ratio for Companhia Siderurgica Nacional ADR (1997–2025)

The table below presents the year-by-year Defensive Interval Ratio for Companhia Siderurgica Nacional ADR 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. See SID net working capital ratio 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)
2025 63 days $4.81 Billion $76.88 Million/day $- $644.99 Million ▼ -152 days
2024 215 days $14.77 Billion $68.81 Million/day $9.29 Billion $914.33 Million ▲ +39 days
2023 176 days $12.07 Billion $68.54 Million/day $5.15 Billion $1.54 Billion ▼ -24 days
2022 200 days $12.30 Billion $61.58 Million/day $5.60 Billion $1.47 Billion ▼ -3 days
2021 202 days $13.61 Billion $67.24 Million/day $6.57 Billion $2.66 Billion ▼ -148 days
2020 350 days $14.14 Billion $40.34 Million/day $5.80 Billion $3.79 Billion ▲ +183 days
2019 167 days $5.32 Billion $31.84 Million/day $592.19 Million $2.64 Billion ▲ +35 days
2018 132 days $4.14 Billion $31.34 Million/day $1.12 Billion $895.71 Million ▼ -80 days
2017 212 days $6.20 Billion $29.23 Million/day $3.22 Billion $738.66 Million ▼ -314 days
2016 526 days $7.92 Billion $15.06 Million/day $4.37 Billion $763.36 Million ▲ +367 days
2015 158 days $2.31 Billion $14.59 Million/day $- $774.38 Million ▲ +57 days
2014 101 days $1.77 Billion $17.43 Million/day $- $13.80 Million ▼ -65 days
2013 166 days $2.53 Billion $15.24 Million/day $- $9.91 Million ▼ -54 days
2012 220 days $3.86 Billion $17.56 Million/day $- $764.00 Million ▲ +99 days
2011 121 days $2.15 Billion $17.80 Million/day $- $- ▲ +7 days
2010 113 days $1.39 Billion $12.21 Million/day $- $- ▼ -83 days
2009 196 days $1.96 Billion $9.99 Million/day $- $48.85 Million ▼ -40 days
2008 236 days $5.71 Billion $24.18 Million/day $- $3.44 Billion ▲ +73 days
2007 163 days $2.28 Billion $13.98 Million/day $- $752.77 Million ▼ -84 days
2006 247 days $2.21 Billion $8.94 Million/day $- $436.64 Million ▲ +54 days
2005 193 days $1.72 Billion $8.94 Million/day $- $436.64 Million ▲ +35 days
2004 158 days $1.39 Billion $8.85 Million/day $- $379.81 Million ▲ +48 days
2003 109 days $1.06 Billion $9.71 Million/day $- $- ▲ +21 days
2002 89 days $1.49 Billion $16.80 Million/day $- $- ▼ -13 days
2001 101 days $931.24 Million $9.19 Million/day $- $- ▼ -26 days
2000 128 days $1.71 Billion $13.41 Million/day $- $1.33 Billion ▲ +88 days
1999 40 days $352.58 Million $8.91 Million/day $- $- ▼ -345 days
1998 384 days $1.45 Billion $3.78 Million/day $- $1.18 Billion ▲ +58 days
1997 327 days $1.98 Billion $6.07 Million/day $- $1.62 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)