TOTVS S.A (TOTS3) — Defensive Interval Ratio
TOTVS S.A (TOTS3) has a Defensive Interval Ratio of 191 days as of June 2026. Defensive assets of R$988.56 Million (cash R$-, short-term investments R$-, receivables R$988.56 Million) cover 191 days of daily cash needs of R$5.17 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
TOTVS S.A Defensive Interval Ratio (2002–2025)
This chart shows how TOTVS S.A's Defensive Interval Ratio has evolved across 24 annual periods from 2002 to 2025. As of June 2026, the ratio stands at 191 days, meaning defensive assets of R$988.56 Million can fund 191 days of operations without new revenue. For the complete balance sheet picture, see TOTVS S.A (TOTS3) total assets.
Annual Defensive Interval Ratio for TOTVS S.A (2002–2025)
The table below presents the year-by-year Defensive Interval Ratio for TOTVS S.A from 2002 to 2025, covering 24 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 TOTS3 working capital ratio 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 | 458 days | R$2.48 Billion | R$5.42 Million/day | R$1.77 Billion | R$20.98 Million | ▼ -339 days |
| 2024 | 797 days | R$2.50 Billion | R$3.13 Million/day | R$1.92 Billion | R$13.97 Million | ▼ -141 days |
| 2023 | 938 days | R$3.47 Billion | R$3.70 Million/day | R$3.10 Billion | R$-170.87 Million | ▲ +296 days |
| 2022 | 642 days | R$5.87 Billion | R$9.14 Million/day | R$2.70 Billion | R$2.70 Billion | ▲ +109 days |
| 2021 | 533 days | R$4.85 Billion | R$9.09 Million/day | R$2.85 Billion | R$9.54 Million | ▲ +83 days |
| 2020 | 450 days | R$2.52 Billion | R$5.59 Million/day | R$1.01 Billion | R$9.67 Million | ▼ -534 days |
| 2019 | 984 days | R$1.90 Billion | R$1.93 Million/day | R$1.53 Billion | R$25.28 Million | ▲ +553 days |
| 2018 | 431 days | R$838.32 Million | R$1.94 Million/day | R$407.87 Million | R$44.91 Million | ▼ -50 days |
| 2017 | 481 days | R$816.76 Million | R$1.70 Million/day | R$345.63 Million | R$44.62 Million | ▲ +76 days |
| 2016 | 405 days | R$692.85 Million | R$1.71 Million/day | R$154.63 Million | R$74.03 Million | ▲ +92 days |
| 2015 | 313 days | R$564.36 Million | R$1.80 Million/day | R$- | R$75.21 Million | ▼ -96 days |
| 2014 | 408 days | R$424.67 Million | R$1.04 Million/day | R$- | R$35.17 Million | ▲ +33 days |
| 2013 | 376 days | R$378.50 Million | R$1.01 Million/day | R$- | R$13.28 Million | ▲ +27 days |
| 2012 | 349 days | R$319.27 Million | R$915.11K/day | R$- | R$10.17 Million | ▼ -24 days |
| 2011 | 373 days | R$322.05 Million | R$864.47K/day | R$- | R$28.50 Million | ▲ +2 days |
| 2010 | 370 days | R$259.02 Million | R$699.22K/day | R$- | R$-14.81 Million | ▼ -105 days |
| 2009 | 476 days | R$265.87 Million | R$559.13K/day | R$- | R$22.47 Million | ▲ +70 days |
| 2008 | 405 days | R$186.18 Million | R$459.15K/day | R$- | R$14.30 Million | ▼ -14 days |
| 2007 | 419 days | R$94.70 Million | R$226.00K/day | R$- | R$5.67 Million | ▼ -509 days |
| 2006 | 928 days | R$178.00 Million | R$191.74K/day | R$- | R$94.76 Million | ▲ +281 days |
| 2005 | 647 days | R$68.25 Million | R$105.43K/day | R$- | R$20.15 Million | ▲ +44 days |
| 2004 | 603 days | R$40.78 Million | R$67.60K/day | R$- | R$6.80 Million | ▲ +161 days |
| 2003 | 442 days | R$21.92 Million | R$49.61K/day | R$- | R$- | ▲ +64 days |
| 2002 | 378 days | R$20.29 Million | R$53.65K/day | R$- | R$- | — |