CSN Mineração S.A (CMIN3) — Defensive Interval Ratio

Latest as of December 2025: 200 days

CSN Mineração S.A (CMIN3) has a Defensive Interval Ratio of 200 days as of December 2025. Defensive assets of R$5.51 Billion (cash R$3.35 Billion, short-term investments R$18.07 Million, receivables R$2.15 Billion) cover 200 days of daily cash needs of R$27.50 Million/day. Check CMIN3 tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

200 days
Days of operational coverage

Defensive Assets

R$5.51 Billion
Cash + ST Investments + Receivables

Daily Cash Need

R$27.50 Million
Current Liabilities ÷ 365

Current Liabilities

R$10.04 Billion
BRL

CSN Mineração S.A Defensive Interval Ratio (2015–2025)

This chart shows how CSN Mineração S.A's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of December 2025, the ratio stands at 200 days, meaning defensive assets of R$5.51 Billion can fund 200 days of operations without new revenue. Also explore how fast is CSN Mineração S.A growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for CSN Mineração S.A (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for CSN Mineração S.A from 2015 to 2025, covering 11 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 CMIN3 company net worth.

Year DIR (days) Defensive Assets (BRL) Daily Cash Need Cash ST Investments Change (days)
2025 200 days R$5.51 Billion R$27.50 Million/day R$3.35 Billion R$18.07 Million ▼ -36 days
2024 236 days R$4.88 Billion R$20.67 Million/day R$3.36 Billion R$13.89 Million ▲ +31 days
2023 205 days R$3.41 Billion R$16.63 Million/day R$1.68 Billion R$12.45 Million ▼ -40 days
2022 244 days R$3.11 Billion R$12.72 Million/day R$1.14 Billion R$247.33 Million ▼ -21 days
2021 265 days R$4.75 Billion R$17.90 Million/day R$3.59 Billion R$217.02 Million ▼ -78 days
2020 344 days R$4.33 Billion R$12.60 Million/day R$1.43 Billion R$1.43 Million ▲ +53 days
2019 290 days R$1.73 Billion R$5.96 Million/day R$206.07 Million R$36.13 Million ▲ +44 days
2018 246 days R$1.33 Billion R$5.41 Million/day R$581.80 Million R$9.49 Million ▼ -119 days
2017 365 days R$3.36 Billion R$9.22 Million/day R$2.75 Billion R$3.71 Million ▲ +5 days
2016 360 days R$2.06 Billion R$5.73 Million/day R$1.43 Billion R$0.00 ▲ +315 days
2015 44 days R$265.02 Million R$5.97 Million/day R$- R$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)