Thales S.A. (HO) — Defensive Interval Ratio
Thales S.A. (HO) has a Defensive Interval Ratio of 151 days as of June 2025. Defensive assets of €10.54 Billion (cash €-, short-term investments €49.80 Million, receivables €10.49 Billion) cover 151 days of daily cash needs of €69.98 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Thales S.A. Defensive Interval Ratio (2001–2024)
This chart shows how Thales S.A.'s Defensive Interval Ratio has evolved across 24 annual periods from 2001 to 2024. As of June 2025, the ratio stands at 151 days, meaning defensive assets of €10.54 Billion can fund 151 days of operations without new revenue. For the complete balance sheet picture, see Thales S.A. (HO) total assets.
Annual Defensive Interval Ratio for Thales S.A. (2001–2024)
The table below presents the year-by-year Defensive Interval Ratio for Thales S.A. from 2001 to 2024, 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. See working capital position of Thales S.A. to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 145 days | €10.17 Billion | €70.29 Million/day | €- | €900.00K | ▲ +9 days |
| 2023 | 136 days | €9.01 Billion | €66.37 Million/day | €- | €100.60 Million | ▼ -8 days |
| 2022 | 144 days | €8.17 Billion | €56.83 Million/day | €- | €200.50 Million | ▼ -13 days |
| 2021 | 157 days | €7.98 Billion | €50.87 Million/day | €- | €-155.20 Million | ▼ -9 days |
| 2020 | 166 days | €7.82 Billion | €47.06 Million/day | €- | €-151.90 Million | ▼ -7 days |
| 2019 | 173 days | €8.30 Billion | €47.92 Million/day | €- | €1.40 Million | ▼ -9 days |
| 2018 | 183 days | €7.31 Billion | €40.05 Million/day | €- | €250.00 Million | ▲ +7 days |
| 2017 | 175 days | €6.68 Billion | €38.11 Million/day | €- | €325.00 Million | ▲ +172 days |
| 2016 | 3 days | €114.50 Million | €36.46 Million/day | €- | €250.00 Million | ▼ -165 days |
| 2015 | 168 days | €6.08 Billion | €36.18 Million/day | €- | €6.30 Million | ▼ -28 days |
| 2014 | 196 days | €6.24 Billion | €31.87 Million/day | €- | €3.70 Million | ▲ +32 days |
| 2013 | 164 days | €6.18 Billion | €37.73 Million/day | €- | €143.60 Million | ▲ +14 days |
| 2012 | 149 days | €5.98 Billion | €40.02 Million/day | €- | €387.00 Million | ▲ +134 days |
| 2011 | 16 days | €620.50 Million | €39.41 Million/day | €- | €430.20 Million | ▲ +23 days |
| 2010 | -8 days | €-269.30 Million | €35.13 Million/day | €- | €7.90 Million | ▼ -131 days |
| 2009 | 123 days | €3.88 Billion | €31.47 Million/day | €- | €4.40 Million | ▲ +4 days |
| 2008 | 120 days | €3.97 Billion | €33.17 Million/day | €- | €22.40 Million | ▼ -7 days |
| 2007 | 127 days | €3.80 Billion | €29.99 Million/day | €- | €28.70 Million | ▲ +13 days |
| 2006 | 113 days | €3.11 Billion | €27.42 Million/day | €- | €-42.20 Million | ▲ +124 days |
| 2005 | -10 days | €-261.80 Million | €25.21 Million/day | €- | €-39.50 Million | ▼ -130 days |
| 2004 | 119 days | €3.05 Billion | €25.61 Million/day | €- | €6.00 Million | ▼ -106 days |
| 2003 | 225 days | €7.87 Billion | €34.92 Million/day | €- | €3.50 Million | ▲ +3 days |
| 2002 | 223 days | €7.38 Billion | €33.12 Million/day | €- | €100.00K | ▲ +16 days |
| 2001 | 206 days | €6.98 Billion | €33.82 Million/day | €- | €100.00K | — |