Novartis AG Defensive Interval Ratio
Novartis AG defensive interval ratio. Novartis AG (NOVN) has a Defensive Interval Ratio of 113 days as of March 2026. Defensive assets of CHF9.73 Billion (cash CHF-, short-term investments CHF100.30 Million, receivables CHF9.63 Billion) cover 113 days of daily cash needs of CHF86.21 Million/day. See NOVN working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Novartis AG (1998–2025)
Defensive interval ratio of Novartis AG from 1998 to 2025. This chart shows how Novartis AG's Defensive Interval Ratio has evolved across 28 annual periods from 1998 to 2025. As of March 2026, the ratio stands at 113 days, meaning defensive assets of CHF9.73 Billion can fund 113 days of operations without new revenue. Check NOVN cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Novartis AG Defensive Interval Ratio by Year (1998–2025)
Novartis AG defensive interval ratio by year from 1998 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Novartis AG from 1998 to 2025, covering 28 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 the complete balance sheet picture, see NOVN current and non-current assets.
| Year | DIR (days) | Defensive Assets (CHF) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 267 days | CHF19.94 Billion | CHF74.69 Million/day | CHF8.86 Billion | CHF154.90 Million | ▲ +9 days |
| 2024 | 258 days | CHF20.30 Billion | CHF78.61 Million/day | CHF8.87 Billion | CHF1.89 Billion | ▼ -20 days |
| 2023 | 278 days | CHF20.13 Billion | CHF72.30 Million/day | CHF10.19 Billion | CHF569.00 Million | ▼ -48 days |
| 2022 | 326 days | CHF25.63 Billion | CHF78.51 Million/day | CHF4.64 Billion | CHF11.10 Billion | ▼ -88 days |
| 2021 | 415 days | CHF34.34 Billion | CHF82.76 Million/day | CHF9.01 Billion | CHF15.71 Billion | ▲ +221 days |
| 2020 | 194 days | CHF17.58 Billion | CHF90.57 Million/day | CHF5.91 Billion | CHF1.64 Billion | ▼ -43 days |
| 2019 | 237 days | CHF18.32 Billion | CHF77.44 Million/day | CHF7.87 Billion | CHF122.00 Million | ▼ -58 days |
| 2018 | 294 days | CHF23.87 Billion | CHF81.12 Million/day | CHF10.15 Billion | CHF2.69 Billion | ▲ +20 days |
| 2017 | 275 days | CHF17.61 Billion | CHF64.12 Million/day | CHF5.89 Billion | CHF625.00 Million | ▲ +11 days |
| 2016 | 264 days | CHF16.07 Billion | CHF60.85 Million/day | CHF5.09 Billion | CHF770.00 Million | ▲ +90 days |
| 2015 | 174 days | CHF11.32 Billion | CHF64.95 Million/day | CHF- | CHF773.00 Million | ▲ +24 days |
| 2014 | 150 days | CHF11.09 Billion | CHF73.90 Million/day | CHF- | CHF839.00 Million | ▼ -60 days |
| 2013 | 210 days | CHF15.16 Billion | CHF72.24 Million/day | CHF- | CHF2.54 Billion | ▼ -19 days |
| 2012 | 229 days | CHF15.10 Billion | CHF65.89 Million/day | CHF- | CHF2.57 Billion | ▲ +13 days |
| 2011 | 217 days | CHF13.74 Billion | CHF63.42 Million/day | CHF- | CHF1.37 Billion | ▲ +2 days |
| 2010 | 215 days | CHF14.53 Billion | CHF67.56 Million/day | CHF- | CHF2.81 Billion | ▼ -245 days |
| 2009 | 461 days | CHF24.57 Billion | CHF53.34 Million/day | CHF- | CHF14.55 Billion | ▲ +181 days |
| 2008 | 280 days | CHF12.65 Billion | CHF45.22 Million/day | CHF- | CHF4.08 Billion | ▼ -79 days |
| 2007 | 359 days | CHF16.34 Billion | CHF45.59 Million/day | CHF- | CHF7.84 Billion | ▲ +86 days |
| 2006 | 272 days | CHF12.11 Billion | CHF44.48 Million/day | CHF- | CHF4.14 Billion | ▲ +6 days |
| 2005 | 266 days | CHF11.18 Billion | CHF41.99 Million/day | CHF- | CHF4.61 Billion | ▼ -165 days |
| 2004 | 432 days | CHF14.01 Billion | CHF32.46 Million/day | CHF- | CHF7.81 Billion | ▼ -81 days |
| 2003 | 513 days | CHF13.09 Billion | CHF25.53 Million/day | CHF- | CHF7.61 Billion | ▼ -5 days |
| 2002 | 517 days | CHF11.73 Billion | CHF22.66 Million/day | CHF- | CHF6.74 Billion | ▲ +106 days |
| 2001 | 412 days | CHF9.68 Billion | CHF23.53 Million/day | CHF- | CHF6.46 Billion | ▼ -122 days |
| 2000 | 533 days | CHF10.54 Billion | CHF19.76 Million/day | CHF- | CHF7.26 Billion | ▲ +175 days |
| 1999 | 358 days | CHF10.73 Billion | CHF29.96 Million/day | CHF- | CHF6.31 Billion | ▲ +34 days |
| 1998 | 325 days | CHF9.69 Billion | CHF29.85 Million/day | CHF- | CHF5.46 Billion | — |