Air France-KLM SA (AF) — Defensive Interval Ratio
Air France-KLM SA (AF) has a Defensive Interval Ratio of 80 days as of March 2026. Defensive assets of €4.25 Billion (cash €-, short-term investments €1.33 Billion, receivables €2.93 Billion) cover 80 days of daily cash needs of €53.12 Million/day. Check AF tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Air France-KLM SA Defensive Interval Ratio (2002–2025)
This chart shows how Air France-KLM SA's Defensive Interval Ratio has evolved across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 80 days, meaning defensive assets of €4.25 Billion can fund 80 days of operations without new revenue. Also explore AF year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Air France-KLM SA (2002–2025)
The table below presents the year-by-year Defensive Interval Ratio for Air France-KLM SA from 2002 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 Air France-KLM SA stock valuation.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 144 days | €6.74 Billion | €46.88 Million/day | €2.73 Billion | €1.33 Billion | ▼ -7 days |
| 2024 | 150 days | €6.71 Billion | €44.58 Million/day | €2.98 Billion | €1.16 Billion | ▼ -27 days |
| 2023 | 177 days | €7.74 Billion | €43.70 Million/day | €4.34 Billion | €1.25 Billion | ▼ -58 days |
| 2022 | 235 days | €8.80 Billion | €37.43 Million/day | €5.24 Billion | €606.00 Million | ▼ -20 days |
| 2021 | 255 days | €8.18 Billion | €32.13 Million/day | €4.80 Billion | €147.00 Million | ▲ +14 days |
| 2020 | 241 days | €7.76 Billion | €32.27 Million/day | €4.92 Billion | €285.00 Million | ▲ +43 days |
| 2019 | 198 days | €6.86 Billion | €34.65 Million/day | €2.87 Billion | €483.00 Million | ▲ +12 days |
| 2018 | 186 days | €6.28 Billion | €33.75 Million/day | €2.80 Billion | €46.00 Million | ▼ -68 days |
| 2017 | 254 days | €7.70 Billion | €30.26 Million/day | €4.03 Billion | €134.00 Million | ▲ +148 days |
| 2016 | 107 days | €2.96 Billion | €27.78 Million/day | €- | €57.00 Million | ▼ -9 days |
| 2015 | 116 days | €3.80 Billion | €32.87 Million/day | €- | €406.00 Million | ▲ +12 days |
| 2014 | 104 days | €3.38 Billion | €32.40 Million/day | €- | €38.00 Million | ▼ -17 days |
| 2013 | 121 days | €3.60 Billion | €29.75 Million/day | €- | €118.00 Million | ▼ -8 days |
| 2012 | 129 days | €3.48 Billion | €26.92 Million/day | €- | €266.00 Million | ▼ -7 days |
| 2011 | 137 days | €3.42 Billion | €25.06 Million/day | €- | €199.00 Million | ▲ +147 days |
| 2010 | -11 days | €-300.00 Million | €28.41 Million/day | €- | €-3.00 Billion | ▼ -138 days |
| 2009 | 128 days | €3.66 Billion | €28.68 Million/day | €- | €458.00 Million | ▲ +124 days |
| 2008 | 4 days | €121.00 Million | €31.21 Million/day | €- | €-2.50 Billion | ▼ -21 days |
| 2007 | 25 days | €630.00 Million | €25.18 Million/day | €- | €-2.25 Billion | ▼ -123 days |
| 2006 | 148 days | €3.31 Billion | €22.36 Million/day | €- | €689.00 Million | ▼ -8 days |
| 2005 | 156 days | €3.45 Billion | €22.17 Million/day | €- | €932.00 Million | ▼ -165 days |
| 2004 | 320 days | €5.04 Billion | €15.75 Million/day | €- | €2.25 Billion | ▲ +164 days |
| 2003 | 156 days | €1.48 Billion | €9.47 Million/day | €- | €1.48 Billion | ▲ +43 days |
| 2002 | 114 days | €1.04 Billion | €9.13 Million/day | €- | €1.04 Billion | — |