São Martinho S.A (SMTO3) — Defensive Interval Ratio
São Martinho S.A (SMTO3) has a Defensive Interval Ratio of 576 days as of December 2025. Defensive assets of R$4.28 Billion (cash R$-, short-term investments R$3.26 Billion, receivables R$1.03 Billion) cover 576 days of daily cash needs of R$7.44 Million/day. Check São Martinho S.A (SMTO3) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
São Martinho S.A Defensive Interval Ratio (2004–2025)
This chart shows how São Martinho S.A's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 576 days, meaning defensive assets of R$4.28 Billion can fund 576 days of operations without new revenue. Also explore net asset momentum of São Martinho S.A to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for São Martinho S.A (2004–2025)
The table below presents the year-by-year Defensive Interval Ratio for São Martinho 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 SMTO3 market cap overview.
| Year | DIR (days) | Defensive Assets (BRL) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 457 days | R$3.24 Billion | R$7.09 Million/day | R$581.16 Million | R$2.18 Billion | ▼ -5 days |
| 2024 | 462 days | R$3.61 Billion | R$7.82 Million/day | R$- | R$2.95 Billion | ▼ -34 days |
| 2023 | 496 days | R$3.55 Billion | R$7.17 Million/day | R$- | R$2.80 Billion | ▼ -125 days |
| 2022 | 621 days | R$3.70 Billion | R$5.96 Million/day | R$- | R$2.86 Billion | ▲ +300 days |
| 2021 | 321 days | R$1.62 Billion | R$5.05 Million/day | R$- | R$1.06 Billion | ▼ -192 days |
| 2020 | 512 days | R$2.44 Billion | R$4.76 Million/day | R$- | R$1.83 Billion | ▼ -68 days |
| 2019 | 581 days | R$2.00 Billion | R$3.45 Million/day | R$0.00 | R$1.84 Billion | ▲ +133 days |
| 2018 | 448 days | R$1.50 Billion | R$3.35 Million/day | R$0.00 | R$1.32 Billion | ▲ +214 days |
| 2017 | 234 days | R$1.28 Billion | R$5.45 Million/day | R$79.11 Million | R$1.03 Billion | ▼ -3 days |
| 2016 | 238 days | R$792.91 Million | R$3.33 Million/day | R$- | R$706.49 Million | ▲ +198 days |
| 2015 | 40 days | R$156.32 Million | R$3.89 Million/day | R$- | R$- | ▼ -16 days |
| 2014 | 56 days | R$105.89 Million | R$1.90 Million/day | R$- | R$33.55 Million | ▼ -40 days |
| 2013 | 96 days | R$131.32 Million | R$1.37 Million/day | R$- | R$79.23 Million | ▲ +48 days |
| 2012 | 48 days | R$46.15 Million | R$964.21K/day | R$- | R$11.06 Million | ▼ -76 days |
| 2011 | 124 days | R$115.86 Million | R$933.86K/day | R$- | R$5.97 Million | ▲ +162 days |
| 2010 | -38 days | R$-50.17 Million | R$1.32 Million/day | R$- | R$-91.80 Million | ▼ -8 days |
| 2009 | -30 days | R$-46.65 Million | R$1.53 Million/day | R$- | R$-92.19 Million | ▼ -275 days |
| 2008 | 245 days | R$209.79 Million | R$857.02K/day | R$- | R$58.21 Million | ▼ -325 days |
| 2007 | 570 days | R$340.33 Million | R$596.87K/day | R$- | R$296.41 Million | ▲ +256 days |
| 2006 | 314 days | R$57.78 Million | R$184.12K/day | R$- | R$35.70 Million | ▲ +112 days |
| 2005 | 202 days | R$38.06 Million | R$188.81K/day | R$- | R$19.01 Million | ▲ +21 days |
| 2004 | 181 days | R$32.30 Million | R$178.84K/day | R$- | R$10.79 Million | — |