Sandoz Group AG (SDZ) — Defensive Interval Ratio

Latest as of June 2026: 129 days

Sandoz Group AG (SDZ) has a Defensive Interval Ratio of 129 days as of June 2026. Defensive assets of CHF2.95 Billion (cash CHF-, short-term investments CHF-, receivables CHF2.95 Billion) cover 129 days of daily cash needs of CHF22.91 Million/day.

Defensive Interval Ratio

129 days
Days of operational coverage

Defensive Assets

CHF2.95 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CHF22.91 Million
Current Liabilities ÷ 365

Current Liabilities

CHF8.36 Billion
CHF

Sandoz Group AG Defensive Interval Ratio (2020–2025)

This chart shows how Sandoz Group AG's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at 129 days, meaning defensive assets of CHF2.95 Billion can fund 129 days of operations without new revenue. For the complete balance sheet picture, see Sandoz Group AG total assets.

Annual Defensive Interval Ratio for Sandoz Group AG (2020–2025)

The table below presents the year-by-year Defensive Interval Ratio for Sandoz Group AG from 2020 to 2025, covering 6 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 working capital position of Sandoz Group AG to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (CHF) Daily Cash Need Cash ST Investments Change (days)
2025 239 days CHF4.51 Billion CHF18.89 Million/day CHF1.74 Billion CHF- ▼ -12 days
2024 251 days CHF4.34 Billion CHF17.28 Million/day CHF1.19 Billion CHF- ▲ +23 days
2023 228 days CHF3.56 Billion CHF15.61 Million/day CHF1.11 Billion CHF-175.61 Million ▼ -52823455 days
2022 52823683 days CHF3.31 Billion CHF62.63/day CHF74.00 Million CHF- ▲ +52823540 days
2021 143 days CHF2.99 Billion CHF20.88 Million/day CHF- CHF- ▲ +24 days
2020 119 days CHF2.63 Billion CHF22.16 Million/day CHF- CHF-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)