Cia Brasileira de Aluminio (CBAV3) — Defensive Interval Ratio

Latest as of March 2026: 186 days

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. Check Cia Brasileira de Aluminio tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

186 days
Days of operational coverage

Defensive Assets

R$1.15 Billion
Cash + ST Investments + Receivables

Daily Cash Need

R$6.18 Million
Current Liabilities ÷ 365

Current Liabilities

R$2.26 Billion
BRL

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. Also explore net asset growth rate of Cia Brasileira de Aluminio to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see Cia Brasileira de Aluminio (CBAV3) market capitalisation.

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
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)