Light S.A (LIGT3) — Defensive Interval Ratio
Light S.A (LIGT3) has a Defensive Interval Ratio of 293 days as of September 2025. Defensive assets of R$4.72 Billion (cash R$330.35 Million, short-term investments R$2.30 Billion, receivables R$2.09 Billion) cover 293 days of daily cash needs of R$16.13 Million/day. See LIGT3 working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Light S.A Defensive Interval Ratio (2000–2024)
This chart shows how Light S.A's Defensive Interval Ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2025, the ratio stands at 293 days, meaning defensive assets of R$4.72 Billion can fund 293 days of operations without new revenue. See Light S.A balance sheet quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Light S.A (2000–2024)
The table below presents the year-by-year Defensive Interval Ratio for Light S.A from 2000 to 2024, covering 25 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 Light S.A market cap and net worth.
| Year | DIR (days) | Defensive Assets (BRL) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 378 days | R$5.21 Billion | R$13.79 Million/day | R$0.00 | R$2.90 Billion | ▲ +288 days |
| 2023 | 90 days | R$3.83 Billion | R$42.48 Million/day | R$191.12 Million | R$1.81 Billion | ▼ -135 days |
| 2022 | 225 days | R$3.48 Billion | R$15.46 Million/day | R$0.00 | R$2.04 Billion | ▼ -154 days |
| 2021 | 379 days | R$6.95 Billion | R$18.33 Million/day | R$343.25 Million | R$3.55 Billion | ▲ +55 days |
| 2020 | 324 days | R$6.41 Billion | R$19.77 Million/day | R$614.64 Million | R$2.49 Billion | ▼ -10 days |
| 2019 | 334 days | R$4.74 Billion | R$14.19 Million/day | R$943.88 Million | R$1.23 Billion | ▼ -21 days |
| 2018 | 355 days | R$5.14 Billion | R$14.46 Million/day | R$598.85 Million | R$1.54 Billion | ▲ +100 days |
| 2017 | 255 days | R$3.84 Billion | R$15.05 Million/day | R$211.98 Million | R$72.35 Million | ▲ +30 days |
| 2016 | 225 days | R$3.01 Billion | R$13.35 Million/day | R$634.19 Million | R$13.47 Million | ▲ +18 days |
| 2015 | 208 days | R$2.50 Billion | R$12.05 Million/day | R$- | R$74.68 Million | ▲ +10 days |
| 2014 | 198 days | R$1.59 Billion | R$8.01 Million/day | R$- | R$104.70 Million | ▼ -96 days |
| 2013 | 294 days | R$2.67 Billion | R$9.09 Million/day | R$- | R$1.24 Billion | ▼ -54 days |
| 2012 | 348 days | R$1.86 Billion | R$5.34 Million/day | R$- | R$15.27 Million | ▲ +46 days |
| 2011 | 302 days | R$1.64 Billion | R$5.44 Million/day | R$- | R$8.17 Million | ▲ +1 days |
| 2010 | 301 days | R$1.80 Billion | R$5.99 Million/day | R$- | R$11.12 Million | ▼ -107 days |
| 2009 | 408 days | R$1.99 Billion | R$4.88 Million/day | R$- | R$68.06 Million | ▲ +49 days |
| 2008 | 358 days | R$2.15 Billion | R$6.00 Million/day | R$- | R$- | ▼ -91 days |
| 2007 | 449 days | R$2.14 Billion | R$4.76 Million/day | R$- | R$- | ▼ -37 days |
| 2006 | 486 days | R$2.32 Billion | R$4.77 Million/day | R$- | R$530.93 Million | ▼ -29 days |
| 2005 | 515 days | R$2.31 Billion | R$4.47 Million/day | R$- | R$374.56 Million | ▲ +357 days |
| 2004 | 158 days | R$1.86 Billion | R$11.78 Million/day | R$- | R$305.20 Million | ▲ +37 days |
| 2003 | 121 days | R$1.32 Billion | R$10.89 Million/day | R$- | R$- | ▼ -163 days |
| 2002 | 284 days | R$1.91 Billion | R$6.70 Million/day | R$- | R$- | ▲ +159 days |
| 2001 | 125 days | R$1.03 Billion | R$8.22 Million/day | R$- | R$- | ▼ -19 days |
| 2000 | 145 days | R$2.23 Billion | R$15.39 Million/day | R$- | R$- | — |