National Australia Bank Ltd (NAB) — Defensive Interval Ratio
National Australia Bank Ltd (NAB) has a Defensive Interval Ratio of 54 days as of September 2024. Defensive assets of AU$45.40 Billion (cash AU$-, short-term investments AU$42.77 Billion, receivables AU$2.64 Billion) cover 54 days of daily cash needs of AU$839.39 Million/day. See National Australia Bank Ltd (NAB) 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
National Australia Bank Ltd Defensive Interval Ratio (1989–2024)
This chart shows how National Australia Bank Ltd's Defensive Interval Ratio has evolved across 32 annual periods from 1989 to 2024. As of September 2024, the ratio stands at 54 days, meaning defensive assets of AU$45.40 Billion can fund 54 days of operations without new revenue. See NAB net asset quality score to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for National Australia Bank Ltd (1989–2024)
The table below presents the year-by-year Defensive Interval Ratio for National Australia Bank Ltd from 1989 to 2024, covering 32 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 NAB market cap overview.
| Year | DIR (days) | Defensive Assets (AUD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 31 days | AU$45.40 Billion | AU$1.47 Billion/day | AU$- | AU$42.77 Billion | ▲ +112 days |
| 2023 | -81 days | AU$-114.43 Billion | AU$1.41 Billion/day | AU$- | AU$-117.31 Billion | ▼ -112 days |
| 2022 | 31 days | AU$46.30 Billion | AU$1.49 Billion/day | AU$- | AU$44.14 Billion | ▼ -54 days |
| 2021 | 85 days | AU$122.52 Billion | AU$1.44 Billion/day | AU$- | AU$121.13 Billion | ▲ +50 days |
| 2020 | 36 days | AU$45.96 Billion | AU$1.29 Billion/day | AU$- | AU$44.22 Billion | ▼ -6905 days |
| 2019 | 6940 days | AU$42.15 Billion | AU$6.07 Million/day | AU$- | AU$40.55 Billion | ▼ -758 days |
| 2018 | 7698 days | AU$53.78 Billion | AU$6.99 Million/day | AU$- | AU$52.10 Billion | ▼ -1938 days |
| 2017 | 9637 days | AU$60.27 Billion | AU$6.25 Million/day | AU$- | AU$58.10 Billion | ▼ -784 days |
| 2016 | 10421 days | AU$65.87 Billion | AU$6.32 Million/day | AU$- | AU$62.19 Billion | ▲ +3527 days |
| 2015 | 6894 days | AU$78.33 Billion | AU$11.36 Million/day | AU$- | AU$74.89 Billion | ▼ -467 days |
| 2014 | 7361 days | AU$91.26 Billion | AU$12.40 Million/day | AU$- | AU$87.41 Billion | ▲ +541 days |
| 2013 | 6820 days | AU$85.18 Billion | AU$12.49 Million/day | AU$- | AU$81.39 Billion | ▲ +6628 days |
| 2012 | 192 days | AU$77.79 Billion | AU$405.22 Million/day | AU$- | AU$73.79 Billion | ▲ +26 days |
| 2011 | 165 days | AU$69.68 Billion | AU$421.06 Million/day | AU$- | AU$64.54 Billion | ▲ +2 days |
| 2010 | 163 days | AU$55.15 Billion | AU$337.47 Million/day | AU$- | AU$51.20 Billion | ▼ -5 days |
| 2009 | 168 days | AU$52.66 Billion | AU$312.76 Million/day | AU$- | AU$49.06 Billion | ▲ +57 days |
| 2008 | 112 days | AU$52.75 Billion | AU$471.62 Million/day | AU$- | AU$47.75 Billion | ▲ +42 days |
| 2007 | 70 days | AU$29.35 Billion | AU$420.89 Million/day | AU$- | AU$25.19 Billion | ▼ -9 days |
| 2006 | 78 days | AU$25.30 Billion | AU$323.11 Million/day | AU$- | AU$22.12 Billion | ▼ -1 days |
| 2005 | 79 days | AU$10.23 Billion | AU$129.12 Million/day | AU$- | AU$7.47 Billion | ▼ -332 days |
| 2004 | 412 days | AU$41.96 Billion | AU$101.93 Million/day | AU$- | AU$11.51 Billion | ▲ +322 days |
| 2003 | 90 days | AU$10.93 Billion | AU$122.05 Million/day | AU$- | AU$8.65 Billion | ▼ -548 days |
| 2002 | 638 days | AU$16.29 Billion | AU$25.55 Million/day | AU$- | AU$13.54 Billion | ▲ +43 days |
| 2001 | 595 days | AU$8.04 Billion | AU$13.52 Million/day | AU$- | AU$5.45 Billion | ▼ -2321 days |
| 2000 | 2916 days | AU$198.56 Billion | AU$68.09 Million/day | AU$- | AU$3.07 Billion | ▲ +2783 days |
| 1999 | 133 days | AU$14.27 Billion | AU$107.00 Million/day | AU$- | AU$12.85 Billion | ▼ -149 days |
| 1998 | 283 days | AU$14.00 Billion | AU$49.54 Million/day | AU$- | AU$11.45 Billion | ▲ +243 days |
| 1997 | 40 days | AU$1.65 Billion | AU$41.29 Million/day | AU$- | AU$280.00 Million | ▼ -339 days |
| 1996 | 379 days | AU$144.67 Billion | AU$381.68 Million/day | AU$- | AU$6.67 Billion | ▲ +324 days |
| 1991 | 55 days | AU$1.48 Billion | AU$26.99 Million/day | AU$- | AU$585.20 Million | ▼ -19 days |
| 1990 | 74 days | AU$2.35 Billion | AU$31.68 Million/day | AU$- | AU$885.00 Million | ▼ -25 days |
| 1989 | 99 days | AU$2.75 Billion | AU$27.82 Million/day | AU$- | AU$807.70 Million | — |