First United Corporation (FUNC) — Defensive Interval Ratio
First United Corporation (FUNC) has a Defensive Interval Ratio of 2214 days as of December 2025. Defensive assets of $107.14 Million (cash $-, short-term investments $107.14 Million, receivables $-) cover 2214 days of daily cash needs of $48.39K/day. See working capital position of First United Corporation to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
First United Corporation Defensive Interval Ratio (1991–2025)
This chart shows how First United Corporation's Defensive Interval Ratio has evolved across 34 annual periods from 1991 to 2025. As of December 2025, the ratio stands at 2214 days, meaning defensive assets of $107.14 Million can fund 2214 days of operations without new revenue. See how leveraged is First United Corporation's balance sheet to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for First United Corporation (1991–2025)
The table below presents the year-by-year Defensive Interval Ratio for First United Corporation from 1991 to 2025, covering 34 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 First United Corporation (FUNC) market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 83 days | $107.14 Million | $1.29 Million/day | $- | $107.14 Million | ▲ +65 days |
| 2024 | 18 days | $79.08 Million | $4.50 Million/day | $- | $71.61 Million | ▼ -6 days |
| 2023 | 24 days | $104.66 Million | $4.38 Million/day | $- | $97.17 Million | ▼ -6 days |
| 2022 | 29 days | $131.94 Million | $4.48 Million/day | $- | $125.89 Million | ▼ -6912 days |
| 2021 | 6942 days | $300.24 Million | $43.25K/day | $- | $286.77 Million | ▲ +6883 days |
| 2020 | 59 days | $240.57 Million | $4.08 Million/day | $- | $226.88 Million | ▼ -2599 days |
| 2019 | 2658 days | $147.37 Million | $55.44K/day | $- | $131.31 Million | ▲ +2608 days |
| 2018 | 50 days | $158.09 Million | $3.14 Million/day | $- | $137.64 Million | ▼ -2650 days |
| 2017 | 2700 days | $172.27 Million | $63.79K/day | $- | $146.47 Million | ▲ +90 days |
| 2016 | 2611 days | $161.12 Million | $61.72K/day | $- | $140.00 Million | ▼ -763 days |
| 2015 | 3373 days | $189.73 Million | $56.24K/day | $- | $170.23 Million | ▼ -1159 days |
| 2014 | 4532 days | $242.97 Million | $53.61K/day | $- | $221.12 Million | ▼ -162 days |
| 2013 | 4694 days | $365.42 Million | $77.84K/day | $- | $336.59 Million | ▲ +755 days |
| 2012 | 3940 days | $248.28 Million | $63.02K/day | $- | $223.27 Million | ▲ +3851 days |
| 2011 | 89 days | $273.74 Million | $3.08 Million/day | $- | $245.02 Million | ▲ +14 days |
| 2010 | 75 days | $274.55 Million | $3.67 Million/day | $- | $229.69 Million | ▼ -12 days |
| 2009 | 87 days | $325.34 Million | $3.76 Million/day | $- | $273.78 Million | ▼ -20 days |
| 2008 | 106 days | $378.91 Million | $3.57 Million/day | $- | $354.60 Million | ▲ +5 days |
| 2007 | 102 days | $332.28 Million | $3.27 Million/day | $- | $304.91 Million | ▲ +6 days |
| 2006 | 96 days | $284.47 Million | $2.97 Million/day | $- | $263.27 Million | ▲ +86 days |
| 2005 | 9 days | $27.81 Million | $2.98 Million/day | $- | $5.00 Million | ▲ +1 days |
| 2004 | 8 days | $20.80 Million | $2.65 Million/day | $- | $1.85 Million | ▼ -106 days |
| 2003 | 114 days | $259.72 Million | $2.28 Million/day | $- | $223.62 Million | ▲ +98 days |
| 2002 | 16 days | $38.04 Million | $2.44 Million/day | $- | $6.21 Million | ▼ -7 days |
| 2001 | 23 days | $45.73 Million | $2.02 Million/day | $- | $11.04 Million | ▼ -2 days |
| 2000 | 25 days | $52.88 Million | $2.12 Million/day | $- | $31.93 Million | ▲ +15 days |
| 1999 | 10 days | $20.70 Million | $1.99 Million/day | $- | $- | ▲ +3 days |
| 1998 | 8 days | $12.00 Million | $1.58 Million/day | $- | $- | ▲ +1 days |
| 1997 | 6 days | $8.90 Million | $1.39 Million/day | $- | $- | ▲ +1 days |
| 1996 | 6 days | $7.40 Million | $1.26 Million/day | $- | $- | ▼ 0 days |
| 1995 | 6 days | $6.90 Million | $1.17 Million/day | $- | $- | ▲ +0 days |
| 1994 | 6 days | $6.20 Million | $1.10 Million/day | $- | $- | ▲ +1 days |
| 1993 | 5 days | $4.60 Million | $1.01 Million/day | $- | $- | ▼ -1 days |
| 1991 | 6 days | $5.00 Million | $844.11K/day | $- | $- | — |