First Bank (FRBA) — Defensive Interval Ratio

Latest as of December 2025: 13 days

First Bank (FRBA) has a Defensive Interval Ratio of 13 days as of December 2025. Defensive assets of $111.86 Million (cash $-, short-term investments $97.48 Million, receivables $14.38 Million) cover 13 days of daily cash needs of $8.79 Million/day. Check tangible net worth ratio of First Bank to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

13 days
Days of operational coverage

Defensive Assets

$111.86 Million
Cash + ST Investments + Receivables

Daily Cash Need

$8.79 Million
Current Liabilities ÷ 365

Current Liabilities

$3.21 Billion
USD

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 December 2025, the ratio stands at 13 days, meaning defensive assets of $111.86 Million can fund 13 days of operations without new revenue. Also explore FRBA year-over-year net asset growth to track the company's year-over-year net asset growth rate.

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 how much is First Bank worth.

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
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)