Eneva S.A (ENEV3) — Defensive Interval Ratio

Latest as of December 2025: 256 days

Eneva S.A (ENEV3) has a Defensive Interval Ratio of 256 days as of December 2025. Defensive assets of R$5.71 Billion (cash R$2.09 Billion, short-term investments R$502.56 Million, receivables R$3.12 Billion) cover 256 days of daily cash needs of R$22.33 Million/day. Check Eneva S.A (ENEV3) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

256 days
Days of operational coverage

Defensive Assets

R$5.71 Billion
Cash + ST Investments + Receivables

Daily Cash Need

R$22.33 Million
Current Liabilities ÷ 365

Current Liabilities

R$8.15 Billion
BRL

Eneva S.A Defensive Interval Ratio (2004–2025)

This chart shows how Eneva S.A's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 256 days, meaning defensive assets of R$5.71 Billion can fund 256 days of operations without new revenue. Also explore net asset momentum of Eneva S.A to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Eneva S.A (2004–2025)

The table below presents the year-by-year Defensive Interval Ratio for Eneva S.A from 2004 to 2025, covering 22 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 market cap of Eneva S.A.

Year DIR (days) Defensive Assets (BRL) Daily Cash Need Cash ST Investments Change (days)
2025 256 days R$5.71 Billion R$22.33 Million/day R$2.09 Billion R$502.56 Million ▼ -99 days
2024 354 days R$5.62 Billion R$15.85 Million/day R$2.61 Billion R$672.06 Million ▲ +81 days
2023 273 days R$3.54 Billion R$12.98 Million/day R$1.47 Billion R$250.58 Million ▲ +52 days
2022 221 days R$3.05 Billion R$13.77 Million/day R$1.04 Billion R$731.31 Million ▼ -451 days
2021 672 days R$2.65 Billion R$3.94 Million/day R$976.84 Million R$685.45 Million ▼ -253 days
2020 925 days R$2.70 Billion R$2.92 Million/day R$1.34 Billion R$511.32 Million ▲ +200 days
2019 725 days R$2.69 Billion R$3.71 Million/day R$1.48 Billion R$270.65 Million ▲ +25 days
2018 700 days R$1.88 Billion R$2.68 Million/day R$1.11 Billion R$207.02 Million ▲ +226 days
2017 474 days R$1.50 Billion R$3.16 Million/day R$754.71 Million R$217.15 Million ▲ +288 days
2016 186 days R$887.01 Million R$4.77 Million/day R$439.10 Million R$132.76 Million ▲ +99 days
2015 87 days R$339.78 Million R$3.93 Million/day R$- R$1.20 Million ▲ +56 days
2014 31 days R$304.85 Million R$9.92 Million/day R$- R$1.00K ▼ -122 days
2013 153 days R$1.25 Billion R$8.16 Million/day R$- R$921.50 Million ▲ +145 days
2012 7 days R$42.35 Million R$5.78 Million/day R$- R$3.44 Million ▼ -9 days
2011 16 days R$73.91 Million R$4.55 Million/day R$- R$9.44 Million ▼ -33 days
2010 49 days R$189.13 Million R$3.82 Million/day R$- R$175.09 Million ▲ +13 days
2009 37 days R$96.34 Million R$2.61 Million/day R$- R$- ▲ +34 days
2008 3 days R$8.58 Million R$3.17 Million/day R$- R$- ▲ +1596 days
2007 -1593 days R$-1.25 Billion R$783.43K/day R$- R$-1.28 Billion ▼ -1657 days
2006 64 days R$75.00K R$1.17K/day R$- R$- ▼ -1052 days
2005 1116 days R$734.00K R$657.53/day R$- R$- ▼ -4425 days
2004 5541 days R$501.00K R$90.41/day R$- R$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)