Irani Papel e Embalagem S.A (RANI3) — Defensive Interval Ratio
Irani Papel e Embalagem S.A (RANI3) has a Defensive Interval Ratio of 220 days as of June 2026. Defensive assets of R$388.17 Million (cash R$-, short-term investments R$-, receivables R$388.17 Million) cover 220 days of daily cash needs of R$1.76 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Irani Papel e Embalagem S.A Defensive Interval Ratio (2000–2025)
This chart shows how Irani Papel e Embalagem S.A's Defensive Interval Ratio has evolved across 26 annual periods from 2000 to 2025. As of June 2026, the ratio stands at 220 days, meaning defensive assets of R$388.17 Million can fund 220 days of operations without new revenue. For the complete balance sheet picture, see RANI3 total assets.
Annual Defensive Interval Ratio for Irani Papel e Embalagem S.A (2000–2025)
The table below presents the year-by-year Defensive Interval Ratio for Irani Papel e Embalagem S.A from 2000 to 2025, covering 26 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 RANI3 working capital efficiency 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 | 295 days | R$406.70 Million | R$1.38 Million/day | R$- | R$- | ▼ -357 days |
| 2024 | 652 days | R$880.47 Million | R$1.35 Million/day | R$598.05 Million | R$656.00K | ▼ -390 days |
| 2023 | 1042 days | R$864.18 Million | R$829.69K/day | R$483.26 Million | R$116.83 Million | ▲ +218 days |
| 2022 | 823 days | R$1.30 Billion | R$1.58 Million/day | R$729.89 Million | R$314.01 Million | ▲ +25 days |
| 2021 | 799 days | R$754.07 Million | R$944.13K/day | R$22.87 Million | R$475.86 Million | ▲ +82 days |
| 2020 | 716 days | R$544.28 Million | R$759.88K/day | R$49.84 Million | R$291.97 Million | ▲ +498 days |
| 2019 | 219 days | R$257.90 Million | R$1.18 Million/day | R$66.49 Million | R$29.16 Million | ▼ -2 days |
| 2018 | 220 days | R$273.81 Million | R$1.24 Million/day | R$105.11 Million | R$0.00 | ▼ -93 days |
| 2017 | 314 days | R$259.24 Million | R$826.74K/day | R$67.89 Million | R$8.73 Million | ▲ +187 days |
| 2016 | 126 days | R$348.55 Million | R$2.76 Million/day | R$100.13 Million | R$94.20 Million | ▼ -23 days |
| 2015 | 149 days | R$155.58 Million | R$1.04 Million/day | R$- | R$19.72 Million | ▲ +3 days |
| 2014 | 146 days | R$132.00 Million | R$903.34K/day | R$- | R$2.07 Million | ▲ +11 days |
| 2013 | 136 days | R$132.70 Million | R$979.11K/day | R$- | R$2.73 Million | ▼ -27 days |
| 2012 | 162 days | R$97.71 Million | R$602.42K/day | R$- | R$931.00K | ▼ -25 days |
| 2011 | 187 days | R$109.72 Million | R$585.46K/day | R$- | R$5.14 Million | ▲ +24 days |
| 2010 | 163 days | R$93.76 Million | R$574.51K/day | R$- | R$6.42 Million | ▲ +46 days |
| 2009 | 117 days | R$65.70 Million | R$561.66K/day | R$- | R$-6.70 Million | ▲ +4 days |
| 2008 | 113 days | R$58.91 Million | R$521.55K/day | R$- | R$- | ▼ -37 days |
| 2007 | 150 days | R$51.73 Million | R$345.61K/day | R$- | R$- | ▼ -37 days |
| 2006 | 186 days | R$52.67 Million | R$282.55K/day | R$- | R$- | ▼ -11 days |
| 2005 | 198 days | R$42.37 Million | R$214.30K/day | R$- | R$- | ▲ +20 days |
| 2004 | 178 days | R$27.87 Million | R$156.45K/day | R$- | R$- | ▼ -27 days |
| 2003 | 205 days | R$25.71 Million | R$125.36K/day | R$- | R$- | ▲ +26 days |
| 2002 | 179 days | R$23.07 Million | R$128.79K/day | R$- | R$- | ▲ +129 days |
| 2001 | 51 days | R$7.95 Million | R$157.15K/day | R$- | R$- | ▼ -13 days |
| 2000 | 64 days | R$8.15 Million | R$127.35K/day | R$- | R$- | — |