Banco BTG Pactual S.A. (BPAC11) — Defensive Interval Ratio
Banco BTG Pactual S.A. (BPAC11) has a Defensive Interval Ratio of 5 days as of December 2025. Defensive assets of R$3.48 Billion (cash R$-, short-term investments R$-, receivables R$3.48 Billion) cover 5 days of daily cash needs of R$747.53 Million/day. Check Banco BTG Pactual S.A. 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
Banco BTG Pactual S.A. Defensive Interval Ratio (2008–2025)
This chart shows how Banco BTG Pactual S.A.'s Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of December 2025, the ratio stands at 5 days, meaning defensive assets of R$3.48 Billion can fund 5 days of operations without new revenue. Also explore net asset momentum of Banco BTG Pactual S.A. to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Banco BTG Pactual S.A. (2008–2025)
The table below presents the year-by-year Defensive Interval Ratio for Banco BTG Pactual S.A. from 2008 to 2025, covering 18 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 Banco BTG Pactual S.A. (BPAC11) market capitalisation.
| Year | DIR (days) | Defensive Assets (BRL) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 5 days | R$3.48 Billion | R$747.53 Million/day | R$- | R$- | ▼ -437 days |
| 2024 | 442 days | R$183.95 Billion | R$416.60 Million/day | R$- | R$92.65 Billion | ▲ +161 days |
| 2023 | 280 days | R$104.11 Billion | R$371.67 Million/day | R$- | R$66.38 Billion | ▼ -13302 days |
| 2022 | 13582 days | R$112.10 Billion | R$8.25 Million/day | R$- | R$40.95 Billion | ▲ +5302 days |
| 2021 | 8280 days | R$69.12 Billion | R$8.35 Million/day | R$- | R$27.35 Billion | ▼ -72961 days |
| 2020 | 81241 days | R$80.19 Billion | R$987.11K/day | R$- | R$69.30 Billion | ▲ +80896 days |
| 2019 | 345 days | R$20.96 Billion | R$60.79 Million/day | R$1.58 Billion | R$10.17 Billion | ▼ -107 days |
| 2018 | 451 days | R$30.26 Billion | R$67.06 Million/day | R$2.69 Billion | R$2.54 Billion | ▼ -4084 days |
| 2017 | 4535 days | R$18.24 Billion | R$4.02 Million/day | R$1.22 Billion | R$10.40 Billion | ▲ +2212 days |
| 2016 | 2323 days | R$17.33 Billion | R$7.46 Million/day | R$1.94 Billion | R$9.32 Billion | ▲ +1165 days |
| 2015 | 1158 days | R$26.02 Billion | R$22.47 Million/day | R$- | R$10.54 Billion | ▲ +743 days |
| 2014 | 414 days | R$26.39 Billion | R$63.68 Million/day | R$- | R$13.80 Billion | ▼ -190 days |
| 2013 | 604 days | R$32.77 Billion | R$54.25 Million/day | R$- | R$23.58 Billion | ▼ -292 days |
| 2012 | 896 days | R$53.39 Billion | R$59.58 Million/day | R$- | R$48.58 Billion | ▲ +26 days |
| 2011 | 870 days | R$74.28 Billion | R$85.35 Million/day | R$- | R$68.24 Billion | ▲ +229 days |
| 2010 | 641 days | R$34.67 Billion | R$54.06 Million/day | R$- | R$34.58 Billion | ▲ +513 days |
| 2009 | 128 days | R$6.02 Billion | R$47.12 Million/day | R$- | R$5.46 Billion | ▼ -152 days |
| 2008 | 279 days | R$3.83 Billion | R$13.71 Million/day | R$- | R$1.66 Billion | — |