First Bank (FRBA) — Defensive Interval Ratio
First Bank (FRBA) has a Defensive Interval Ratio of 12 days as of March 2026. Defensive assets of $108.30 Million (cash $-, short-term investments $93.41 Million, receivables $14.89 Million) cover 12 days of daily cash needs of $8.86 Million/day. See working capital position of First Bank to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
First Bank Defensive Interval Ratio (2012–2025)
This chart shows how First Bank's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 12 days, meaning defensive assets of $108.30 Million can fund 12 days of operations without new revenue. See First Bank (FRBA) net asset quality to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for First Bank (2012–2025)
The table below presents the year-by-year Defensive Interval Ratio for First Bank 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. For live market cap and the full company financial profile, see FRBA stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 13 days | $111.86 Million | $8.79 Million/day | $- | $97.48 Million | ▲ +3 days |
| 2024 | 10 days | $81.95 Million | $8.38 Million/day | $- | $67.68 Million | ▼ -4 days |
| 2023 | 13 days | $108.91 Million | $8.14 Million/day | $- | $94.14 Million | ▼ -4 days |
| 2022 | 17 days | $107.12 Million | $6.29 Million/day | $- | $98.96 Million | ▼ 0 days |
| 2021 | 17 days | $100.27 Million | $5.79 Million/day | $- | $94.58 Million | ▲ +4 days |
| 2020 | 13 days | $68.54 Million | $5.22 Million/day | $- | $61.73 Million | ▲ +2 days |
| 2019 | 12 days | $52.27 Million | $4.50 Million/day | $- | $47.46 Million | ▼ -3 days |
| 2018 | 15 days | $55.52 Million | $3.82 Million/day | $- | $51.26 Million | ▼ -6 days |
| 2017 | 21 days | $66.22 Million | $3.20 Million/day | $- | $62.39 Million | ▼ -28473 days |
| 2016 | 28494 days | $49.65 Million | $1.74K/day | $- | $47.08 Million | ▲ +226 days |
| 2015 | 28268 days | $47.40 Million | $1.68K/day | $- | $45.34 Million | ▲ +5305 days |
| 2014 | 22963 days | $21.20 Million | $923.29/day | $- | $21.20 Million | ▼ -21095 days |
| 2013 | 44057 days | $18.83 Million | $427.40/day | $- | $18.83 Million | ▲ +10411 days |
| 2012 | 33647 days | $20.19 Million | $600.00/day | $- | $19.16 Million | — |