Banco Santander (Brasil) S.A. (SANB3) — Defensive Interval Ratio

Latest as of December 2022: 33 days

Banco Santander (Brasil) S.A. (SANB3) has a Defensive Interval Ratio of 33 days as of December 2022. Defensive assets of R$68.57 Billion (cash R$-, short-term investments R$55.43 Billion, receivables R$13.14 Billion) cover 33 days of daily cash needs of R$2.05 Billion/day. Check Banco Santander (Brasil) S.A. tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

33 days
Days of operational coverage

Defensive Assets

R$68.57 Billion
Cash + ST Investments + Receivables

Daily Cash Need

R$2.05 Billion
Current Liabilities ÷ 365

Current Liabilities

R$749.74 Billion
BRL

Banco Santander (Brasil) S.A. Defensive Interval Ratio (2013–2022)

This chart shows how Banco Santander (Brasil) S.A.'s Defensive Interval Ratio has evolved across 10 annual periods from 2013 to 2022. As of December 2022, the ratio stands at 33 days, meaning defensive assets of R$68.57 Billion can fund 33 days of operations without new revenue. Also explore Banco Santander (Brasil) S.A. annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Banco Santander (Brasil) S.A. (2013–2022)

The table below presents the year-by-year Defensive Interval Ratio for Banco Santander (Brasil) S.A. from 2013 to 2022, covering 10 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 SANB3 market cap overview.

Year DIR (days) Defensive Assets (BRL) Daily Cash Need Cash ST Investments Change (days)
2022 33 days R$68.57 Billion R$2.05 Billion/day R$- R$55.43 Billion ▼ -24 days
2021 58 days R$109.40 Billion R$1.89 Billion/day R$- R$101.24 Billion ▲ +0 days
2020 58 days R$116.80 Billion R$2.02 Billion/day R$- R$109.74 Billion ▼ -10 days
2019 68 days R$101.05 Billion R$1.49 Billion/day R$- R$96.12 Billion ▲ +7 days
2018 61 days R$90.88 Billion R$1.49 Billion/day R$- R$85.44 Billion ▼ -4 days
2017 65 days R$91.08 Billion R$1.40 Billion/day R$- R$85.82 Billion ▲ +18 days
2016 47 days R$64.38 Billion R$1.36 Billion/day R$- R$57.82 Billion ▲ +42 days
2015 5 days R$6.12 Billion R$1.21 Billion/day R$- R$517.54 Million ▲ +0 days
2014 5 days R$5.03 Billion R$1.07 Billion/day R$- R$6.46 Million ▼ 0 days
2013 5 days R$4.42 Billion R$873.15 Million/day R$- R$55.34 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)