São Martinho S.A (SMTO3) — Defensive Interval Ratio
São Martinho S.A (SMTO3) has a Defensive Interval Ratio of 591 days as of March 2026. Defensive assets of R$4.47 Billion (cash R$-, short-term investments R$4.11 Billion, receivables R$366.65 Million) cover 591 days of daily cash needs of R$7.57 Million/day. See São Martinho S.A working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
São Martinho S.A Defensive Interval Ratio (2004–2026)
This chart shows how São Martinho S.A's Defensive Interval Ratio has evolved across 23 annual periods from 2004 to 2026. As of March 2026, the ratio stands at 591 days, meaning defensive assets of R$4.47 Billion can fund 591 days of operations without new revenue. See net asset quality index of São Martinho S.A to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for São Martinho S.A (2004–2026)
The table below presents the year-by-year Defensive Interval Ratio for São Martinho S.A from 2004 to 2026, covering 23 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 São Martinho S.A market capitalisation.
| Year | DIR (days) | Defensive Assets (BRL) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2026 | 591 days | R$4.47 Billion | R$7.57 Million/day | R$- | R$4.11 Billion | ▲ +134 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 | — |