Canadian Pacific Railway Ltd (CP) — Defensive Interval Ratio

Latest as of December 2025: 135 days

Canadian Pacific Railway Ltd (CP) has a Defensive Interval Ratio of 135 days as of December 2025. Defensive assets of CA$2.21 Billion (cash CA$184.00 Million, short-term investments CA$-, receivables CA$2.03 Billion) cover 135 days of daily cash needs of CA$16.41 Million/day. Check tangible net worth ratio of Canadian Pacific Railway Ltd to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

135 days
Days of operational coverage

Defensive Assets

CA$2.21 Billion
Cash + ST Investments + Receivables

Daily Cash Need

CA$16.41 Million
Current Liabilities ÷ 365

Current Liabilities

CA$5.99 Billion
CAD

Canadian Pacific Railway Ltd Defensive Interval Ratio (1997–2025)

This chart shows how Canadian Pacific Railway Ltd's Defensive Interval Ratio has evolved across 29 annual periods from 1997 to 2025. As of December 2025, the ratio stands at 135 days, meaning defensive assets of CA$2.21 Billion can fund 135 days of operations without new revenue. Also explore CP year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Canadian Pacific Railway Ltd (1997–2025)

The table below presents the year-by-year Defensive Interval Ratio for Canadian Pacific Railway Ltd from 1997 to 2025, covering 29 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 how much is Canadian Pacific Railway Ltd worth.

Year DIR (days) Defensive Assets (CAD) Daily Cash Need Cash ST Investments Change (days)
2025 135 days CA$2.21 Billion CA$16.41 Million/day CA$184.00 Million CA$- ▼ -40 days
2024 175 days CA$2.71 Billion CA$15.51 Million/day CA$739.00 Million CA$- ▲ +24 days
2023 150 days CA$2.35 Billion CA$15.64 Million/day CA$464.00 Million CA$- ▼ -16 days
2022 167 days CA$1.47 Billion CA$8.80 Million/day CA$451.00 Million CA$- ▲ +64 days
2021 103 days CA$888.00 Million CA$8.65 Million/day CA$69.00 Million CA$- ▼ -31 days
2020 134 days CA$972.00 Million CA$7.27 Million/day CA$147.00 Million CA$- ▼ -16 days
2019 149 days CA$938.00 Million CA$6.28 Million/day CA$133.00 Million CA$- ▼ -14 days
2018 164 days CA$876.00 Million CA$5.36 Million/day CA$61.00 Million CA$- ▼ -25 days
2017 189 days CA$1.02 Billion CA$5.44 Million/day CA$338.00 Million CA$- ▼ -16 days
2016 205 days CA$755.00 Million CA$3.69 Million/day CA$164.00 Million CA$- ▲ +42 days
2015 163 days CA$645.00 Million CA$3.96 Million/day CA$- CA$- ▼ -19 days
2014 182 days CA$702.00 Million CA$3.87 Million/day CA$- CA$- ▲ +28 days
2013 154 days CA$580.00 Million CA$3.78 Million/day CA$- CA$- ▼ -8 days
2012 162 days CA$546.00 Million CA$3.37 Million/day CA$- CA$- ▲ +6 days
2011 156 days CA$518.00 Million CA$3.32 Million/day CA$- CA$- ▲ +26 days
2010 130 days CA$459.00 Million CA$3.53 Million/day CA$- CA$- ▼ -19 days
2009 149 days CA$655.10 Million CA$4.40 Million/day CA$- CA$- ▼ -32 days
2008 180 days CA$647.40 Million CA$3.59 Million/day CA$- CA$- ▲ +33 days
2007 147 days CA$542.80 Million CA$3.68 Million/day CA$- CA$- ▼ -34 days
2006 181 days CA$615.70 Million CA$3.39 Million/day CA$- CA$- ▲ +10 days
2005 171 days CA$524.00 Million CA$3.06 Million/day CA$- CA$- ▲ +48 days
2004 123 days CA$434.70 Million CA$3.53 Million/day CA$- CA$- ▼ -28 days
2003 151 days CA$395.70 Million CA$2.62 Million/day CA$- CA$- ▲ +43 days
2002 108 days CA$443.00 Million CA$4.10 Million/day CA$- CA$- ▼ -34 days
2001 142 days CA$464.10 Million CA$3.26 Million/day CA$- CA$- ▼ -10 days
2000 153 days CA$495.30 Million CA$3.25 Million/day CA$- CA$- ▲ +7 days
1999 146 days CA$503.80 Million CA$3.46 Million/day CA$- CA$- ▲ +35 days
1998 111 days CA$458.70 Million CA$4.14 Million/day CA$- CA$- ▲ +13 days
1997 98 days CA$402.00 Million CA$4.10 Million/day CA$- CA$- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)