ZTO Express (Cayman) Inc (ZTO) — Defensive Interval Ratio

Latest as of March 2026: 288 days

ZTO Express (Cayman) Inc (ZTO) has a Defensive Interval Ratio of 288 days as of March 2026. Defensive assets of $18.07 Billion (cash $-, short-term investments $15.63 Billion, receivables $2.44 Billion) cover 288 days of daily cash needs of $62.70 Million/day. Check ZTO tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

288 days
Days of operational coverage

Defensive Assets

$18.07 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$62.70 Million
Current Liabilities ÷ 365

Current Liabilities

$22.88 Billion
USD

ZTO Express (Cayman) Inc Defensive Interval Ratio (2014–2025)

This chart shows how ZTO Express (Cayman) Inc's Defensive Interval Ratio has evolved across 12 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 288 days, meaning defensive assets of $18.07 Billion can fund 288 days of operations without new revenue. Also explore how fast is ZTO Express (Cayman) Inc growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for ZTO Express (Cayman) Inc (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for ZTO Express (Cayman) Inc from 2014 to 2025, covering 12 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 ZTO stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 448 days $28.08 Billion $62.70 Million/day $10.01 Billion $15.63 Billion ▲ +79 days
2024 369 days $28.58 Billion $77.46 Million/day $13.47 Billion $8.85 Billion ▼ -77 days
2023 445 days $24.48 Billion $54.96 Million/day $12.33 Billion $7.45 Billion ▼ -45 days
2022 490 days $22.03 Billion $44.95 Million/day $11.69 Billion $5.75 Billion ▲ +9 days
2021 481 days $17.14 Billion $35.61 Million/day $9.72 Billion $2.85 Billion ▼ -338 days
2020 819 days $20.98 Billion $25.61 Million/day $14.21 Billion $3.69 Billion ▼ -114 days
2019 933 days $17.08 Billion $18.30 Million/day $5.27 Billion $11.11 Billion ▼ -440 days
2018 1373 days $19.34 Billion $14.09 Million/day $4.62 Billion $13.60 Billion ▲ +410 days
2017 963 days $10.94 Billion $11.36 Million/day $5.43 Billion $5.22 Billion ▼ -228 days
2016 1191 days $11.49 Billion $9.65 Million/day $11.29 Billion $9.17 Million ▲ +1180 days
2015 11 days $80.66 Million $7.26 Million/day $- $0.00 ▼ -55 days
2014 66 days $278.83 Million $4.20 Million/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)