Companhia Siderúrgica Nacional (CSNA3) — Defensive Interval Ratio

Latest as of September 2025: 144 days

Companhia Siderúrgica Nacional (CSNA3) has a Defensive Interval Ratio of 144 days as of September 2025. Defensive assets of R$9.76 Billion (cash R$4.63 Billion, short-term investments R$914.08 Million, receivables R$4.22 Billion) cover 144 days of daily cash needs of R$68.00 Million/day. Check CSNA3 goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

144 days
Days of operational coverage

Defensive Assets

R$9.76 Billion
Cash + ST Investments + Receivables

Daily Cash Need

R$68.00 Million
Current Liabilities ÷ 365

Current Liabilities

R$24.82 Billion
BRL

Companhia Siderúrgica Nacional Defensive Interval Ratio (1997–2024)

This chart shows how Companhia Siderúrgica Nacional's Defensive Interval Ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 144 days, meaning defensive assets of R$9.76 Billion can fund 144 days of operations without new revenue. Also explore Companhia Siderúrgica Nacional net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Companhia Siderúrgica Nacional (1997–2024)

The table below presents the year-by-year Defensive Interval Ratio for Companhia Siderúrgica Nacional from 1997 to 2024, covering 28 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 CSNA3 market cap overview.

Year DIR (days) Defensive Assets (BRL) Daily Cash Need Cash ST Investments Change (days)
2024 215 days R$14.77 Billion R$68.81 Million/day R$9.29 Billion R$914.33 Million ▲ +39 days
2023 176 days R$12.07 Billion R$68.54 Million/day R$5.15 Billion R$1.54 Billion ▼ -24 days
2022 200 days R$12.30 Billion R$61.58 Million/day R$5.60 Billion R$1.47 Billion ▼ -3 days
2021 202 days R$13.61 Billion R$67.24 Million/day R$6.57 Billion R$2.66 Billion ▼ -148 days
2020 350 days R$14.13 Billion R$40.34 Million/day R$5.80 Billion R$3.79 Billion ▲ +142 days
2019 209 days R$6.64 Billion R$31.84 Million/day R$592.19 Million R$2.64 Billion ▲ +30 days
2018 178 days R$5.59 Billion R$31.34 Million/day R$1.12 Billion R$895.71 Million ▼ -65 days
2017 243 days R$7.11 Billion R$29.23 Million/day R$3.22 Billion R$738.66 Million ▼ -282 days
2016 525 days R$7.91 Billion R$15.06 Million/day R$4.37 Billion R$760.39 Million ▲ +284 days
2015 241 days R$3.36 Billion R$13.92 Million/day R$- R$774.38 Million ▲ +75 days
2014 166 days R$2.90 Billion R$17.43 Million/day R$- R$13.80 Million ▼ -42 days
2013 208 days R$3.18 Billion R$15.24 Million/day R$- R$9.91 Million ▲ +36 days
2012 172 days R$3.09 Billion R$17.95 Million/day R$- R$- ▼ -410 days
2011 583 days R$10.37 Billion R$17.80 Million/day R$- R$8.07 Billion ▲ +432 days
2010 151 days R$1.84 Billion R$12.21 Million/day R$- R$- ▼ -46 days
2009 196 days R$1.96 Billion R$9.99 Million/day R$- R$48.85 Million ▼ -120 days
2008 317 days R$7.66 Billion R$24.18 Million/day R$- R$2.75 Billion ▲ +217 days
2007 100 days R$1.40 Billion R$13.98 Million/day R$- R$-128.67 Million ▼ -146 days
2006 246 days R$2.41 Billion R$9.80 Million/day R$- R$752.77 Million ▼ -1 days
2005 247 days R$2.21 Billion R$8.94 Million/day R$- R$436.64 Million ▲ +89 days
2004 158 days R$1.39 Billion R$8.85 Million/day R$- R$379.81 Million ▼ -334 days
2003 492 days R$4.77 Billion R$9.71 Million/day R$- R$3.71 Billion ▲ +315 days
2002 177 days R$2.97 Billion R$16.80 Million/day R$- R$1.48 Billion ▲ +10 days
2001 167 days R$1.53 Billion R$9.19 Million/day R$- R$600.62 Million ▼ -35 days
2000 201 days R$2.04 Billion R$10.14 Million/day R$- R$1.66 Billion ▲ +148 days
1999 53 days R$471.31 Million R$8.91 Million/day R$- R$118.73 Million ▼ -332 days
1998 384 days R$1.45 Billion R$3.78 Million/day R$- R$1.18 Billion ▲ +58 days
1997 327 days R$1.98 Billion R$6.07 Million/day R$- R$1.62 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)