SM Energy Co (SM) — Defensive Interval Ratio
SM Energy Co (SM) has a Defensive Interval Ratio of 170 days as of September 2025. Defensive assets of $529.94 Million (cash $162.25 Million, short-term investments $-, receivables $367.69 Million) cover 170 days of daily cash needs of $3.11 Million/day. Check SM 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
SM Energy Co Defensive Interval Ratio (1990–2024)
This chart shows how SM Energy Co's Defensive Interval Ratio has evolved across 35 annual periods from 1990 to 2024. As of September 2025, the ratio stands at 170 days, meaning defensive assets of $529.94 Million can fund 170 days of operations without new revenue. Also explore SM Energy Co (SM) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for SM Energy Co (1990–2024)
The table below presents the year-by-year Defensive Interval Ratio for SM Energy Co from 1990 to 2024, covering 35 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 SM Energy Co market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 167 days | $360.98 Million | $2.16 Million/day | $0.00 | $- | ▼ -321 days |
| 2023 | 488 days | $847.33 Million | $1.74 Million/day | $616.16 Million | $- | ▲ +74 days |
| 2022 | 414 days | $678.29 Million | $1.64 Million/day | $445.00 Million | $- | ▲ +176 days |
| 2021 | 238 days | $579.92 Million | $2.44 Million/day | $332.72 Million | $- | ▲ +136 days |
| 2020 | 102 days | $162.47 Million | $1.60 Million/day | $10.00K | $- | ▼ -41 days |
| 2019 | 143 days | $184.74 Million | $1.29 Million/day | $10.00K | $- | ▼ -49 days |
| 2018 | 192 days | $245.50 Million | $1.28 Million/day | $77.97 Million | $- | ▼ -117 days |
| 2017 | 309 days | $474.10 Million | $1.53 Million/day | $313.94 Million | $0.00 | ▲ +168 days |
| 2016 | 142 days | $161.32 Million | $1.14 Million/day | $9.37 Million | $0.00 | ▼ -20 days |
| 2015 | 162 days | $134.12 Million | $828.84K/day | $- | $0.00 | ▲ +30 days |
| 2014 | 132 days | $282.82 Million | $2.15 Million/day | $- | $0.00 | ▼ -53 days |
| 2013 | 184 days | $323.00 Million | $1.75 Million/day | $- | $0.00 | ▲ +10 days |
| 2012 | 174 days | $258.17 Million | $1.48 Million/day | $- | $0.00 | ▲ +18 days |
| 2011 | 156 days | $215.95 Million | $1.39 Million/day | $- | $0.00 | ▲ +31 days |
| 2010 | 125 days | $171.67 Million | $1.38 Million/day | $- | $0.00 | ▼ -96 days |
| 2009 | 220 days | $179.20 Million | $812.80K/day | $- | $30.30 Million | ▲ +9 days |
| 2008 | 211 days | $171.85 Million | $812.61K/day | $- | $1.00 Million | ▲ +49 days |
| 2007 | 162 days | $161.25 Million | $993.27K/day | $- | $1.17 Million | ▼ -109 days |
| 2006 | 272 days | $151.85 Million | $559.10K/day | $- | $1.45 Million | ▼ -34 days |
| 2005 | 306 days | $166.67 Million | $545.19K/day | $- | $1.48 Million | ▼ -32 days |
| 2004 | 338 days | $106.38 Million | $314.77K/day | $- | $1.41 Million | ▲ +68 days |
| 2003 | 270 days | $77.59 Million | $287.18K/day | $- | $12.51 Million | ▲ +33 days |
| 2002 | 237 days | $37.33 Million | $157.53K/day | $- | $1.93 Million | ▼ -207 days |
| 2001 | 444 days | $46.48 Million | $104.72K/day | $- | $- | ▼ -417 days |
| 2000 | 861 days | $55.07 Million | $63.96K/day | $- | $- | ▲ +539 days |
| 1999 | 322 days | $22.97 Million | $71.23K/day | $- | $- | ▼ -55 days |
| 1998 | 378 days | $17.90 Million | $47.40K/day | $- | $- | ▼ -20 days |
| 1997 | 398 days | $24.30 Million | $61.10K/day | $- | $- | ▼ -31 days |
| 1996 | 429 days | $21.40 Million | $49.86K/day | $- | $- | ▲ +45 days |
| 1995 | 384 days | $8.10 Million | $21.10K/day | $- | $- | ▲ +54 days |
| 1994 | 330 days | $8.60 Million | $26.03K/day | $- | $- | ▼ -10 days |
| 1993 | 340 days | $6.90 Million | $20.27K/day | $- | $- | ▼ -420 days |
| 1992 | 760 days | $10.00 Million | $13.15K/day | $- | $- | ▲ +20 days |
| 1991 | 741 days | $6.90 Million | $9.32K/day | $- | $- | ▲ +23 days |
| 1990 | 718 days | $6.10 Million | $8.49K/day | $- | $- | — |