Hidrovias do Brasil S.A (HBSA3) — Defensive Interval Ratio
Hidrovias do Brasil S.A (HBSA3) has a Defensive Interval Ratio of 500 days as of June 2026. Defensive assets of R$576.73 Million (cash R$-, short-term investments R$88.73 Million, receivables R$488.00 Million) cover 500 days of daily cash needs of R$1.15 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Hidrovias do Brasil S.A Defensive Interval Ratio (2013–2025)
This chart shows how Hidrovias do Brasil S.A's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of June 2026, the ratio stands at 500 days, meaning defensive assets of R$576.73 Million can fund 500 days of operations without new revenue. For the complete balance sheet picture, see HBSA3 total asset value.
Annual Defensive Interval Ratio for Hidrovias do Brasil S.A (2013–2025)
The table below presents the year-by-year Defensive Interval Ratio for Hidrovias do Brasil S.A 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 Hidrovias do Brasil S.A (HBSA3) liquidity to equity ratio 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 | 86 days | R$130.76 Million | R$1.53 Million/day | R$- | R$29.28 Million | ▲ +5 days |
| 2024 | 81 days | R$530.46 Million | R$6.55 Million/day | R$- | R$64.83 Million | ▼ -95 days |
| 2023 | 176 days | R$358.13 Million | R$2.04 Million/day | R$- | R$150.00 Million | ▼ -217 days |
| 2022 | 393 days | R$745.33 Million | R$1.90 Million/day | R$- | R$333.01 Million | ▼ -200 days |
| 2021 | 593 days | R$979.03 Million | R$1.65 Million/day | R$- | R$582.56 Million | ▼ -298 days |
| 2020 | 891 days | R$1.09 Billion | R$1.22 Million/day | R$- | R$816.04 Million | ▼ -263 days |
| 2019 | 1154 days | R$1.02 Billion | R$885.46K/day | R$- | R$913.97 Million | ▲ +156 days |
| 2018 | 999 days | R$1.10 Billion | R$1.11 Million/day | R$- | R$953.04 Million | ▲ +846 days |
| 2017 | 153 days | R$210.30 Million | R$1.38 Million/day | R$- | R$105.22 Million | ▲ +109 days |
| 2016 | 43 days | R$193.67 Million | R$4.46 Million/day | R$- | R$167.20 Million | ▼ -51 days |
| 2015 | 94 days | R$229.00 Million | R$2.43 Million/day | R$- | R$203.89 Million | ▲ +8 days |
| 2014 | 86 days | R$36.18 Million | R$419.98K/day | R$- | R$30.98 Million | ▼ -122 days |
| 2013 | 208 days | R$45.41 Million | R$218.64K/day | R$- | R$43.91 Million | — |