Cia Brasileira de Aluminio (CBAV3) — Defensive Interval Ratio
Cia Brasileira de Aluminio (CBAV3) has a Defensive Interval Ratio of 186 days as of March 2026. Defensive assets of R$1.15 Billion (cash R$-, short-term investments R$74.61 Million, receivables R$1.07 Billion) cover 186 days of daily cash needs of R$6.18 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Cia Brasileira de Aluminio Defensive Interval Ratio (2013–2025)
This chart shows how Cia Brasileira de Aluminio's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of March 2026, the ratio stands at 186 days, meaning defensive assets of R$1.15 Billion can fund 186 days of operations without new revenue. For the complete balance sheet picture, see CBAV3 total asset value.
Annual Defensive Interval Ratio for Cia Brasileira de Aluminio (2013–2025)
The table below presents the year-by-year Defensive Interval Ratio for Cia Brasileira de Aluminio from 2013 to 2025, covering 13 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 Cia Brasileira de Aluminio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (BRL) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 266 days | R$1.77 Billion | R$6.66 Million/day | R$845.17 Million | R$69.89 Million | ▲ +57 days |
| 2024 | 209 days | R$1.35 Billion | R$6.43 Million/day | R$456.14 Million | R$385.12 Million | ▼ -19 days |
| 2023 | 229 days | R$1.37 Billion | R$5.98 Million/day | R$604.20 Million | R$379.04 Million | ▲ +21 days |
| 2022 | 208 days | R$1.25 Billion | R$5.99 Million/day | R$396.40 Million | R$339.85 Million | ▼ -156 days |
| 2021 | 364 days | R$2.15 Billion | R$5.92 Million/day | R$1.11 Billion | R$337.35 Million | ▲ +114 days |
| 2020 | 250 days | R$1.36 Billion | R$5.45 Million/day | R$276.44 Million | R$610.38 Million | ▼ -10 days |
| 2019 | 260 days | R$879.20 Million | R$3.39 Million/day | R$52.27 Million | R$416.35 Million | ▼ -51 days |
| 2018 | 311 days | R$1.13 Billion | R$3.65 Million/day | R$75.11 Million | R$569.33 Million | ▼ -45 days |
| 2017 | 355 days | R$1.62 Billion | R$4.55 Million/day | R$142.96 Million | R$1.08 Billion | ▲ +194 days |
| 2016 | 162 days | R$504.19 Million | R$3.12 Million/day | R$- | R$161.02 Million | ▼ -20 days |
| 2015 | 182 days | R$604.67 Million | R$3.33 Million/day | R$- | R$144.72 Million | ▼ -8 days |
| 2014 | 190 days | R$465.56 Million | R$2.45 Million/day | R$- | R$172.03 Million | ▼ -431 days |
| 2013 | 621 days | R$1.06 Billion | R$1.71 Million/day | R$- | R$750.54 Million | — |