NatWest Group PLC (NWG) — Defensive Interval Ratio

Latest as of March 2026: 38 days

NatWest Group PLC (NWG) has a Defensive Interval Ratio of 38 days as of March 2026. Defensive assets of GBX56.82 Billion (cash GBX-, short-term investments GBX56.82 Billion, receivables GBX-) cover 38 days of daily cash needs of GBX1.51 Billion/day.

Defensive Interval Ratio

38 days
Days of operational coverage

Defensive Assets

GBX56.82 Billion
Cash + ST Investments + Receivables

Daily Cash Need

GBX1.51 Billion
Current Liabilities ÷ 365

Current Liabilities

GBX551.09 Billion
GBX

NatWest Group PLC Defensive Interval Ratio (2012–2025)

This chart shows how NatWest Group PLC's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 38 days, meaning defensive assets of GBX56.82 Billion can fund 38 days of operations without new revenue. For the complete balance sheet picture, see NatWest Group PLC asset portfolio.

Annual Defensive Interval Ratio for NatWest Group PLC (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for NatWest Group PLC from 2012 to 2025, covering 14 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 NatWest Group PLC short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 10 days GBX12.96 Billion GBX1.32 Billion/day GBX- GBX12.88 Billion ▼ -58 days
2024 68 days GBX89.41 Billion GBX1.31 Billion/day GBX- GBX89.41 Billion ▲ +172 days
2023 -104 days GBX-132.79 Billion GBX1.28 Billion/day GBX- GBX-133.08 Billion ▼ -31 days
2022 -73 days GBX-37.54 Billion GBX513.79 Million/day GBX- GBX-37.87 Billion ▲ +14 days
2021 -87 days GBX-44.98 Billion GBX514.59 Million/day GBX- GBX-45.23 Billion ▼ -167 days
2020 80 days GBX216.00 Million GBX2.71 Million/day GBX- GBX- ▲ +28 days
2019 52 days GBX325.00 Million GBX6.25 Million/day GBX- GBX50.00 Million ▲ +138 days
2018 -86 days GBX-53.77 Billion GBX626.15 Million/day GBX- GBX-54.09 Billion ▼ -90 days
2017 5 days GBX1.40 Billion GBX302.62 Million/day GBX- GBX1.02 Billion ▲ +3 days
2016 1 days GBX1.19 Billion GBX916.28 Million/day GBX- GBX781.00 Million ▲ +1 days
2015 0 days GBX326.00 Million GBX1.01 Billion/day GBX- GBX- ▼ -62 days
2014 63 days GBX486.00 Million GBX7.76 Million/day GBX- GBX- ▲ +1 days
2013 62 days GBX530.00 Million GBX8.61 Million/day GBX- GBX- ▲ +8 days
2012 53 days GBX526.00 Million GBX9.87 Million/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)