First National Corp (FXNC) — Defensive Interval Ratio

Latest as of December 2025: 5 days

First National Corp (FXNC) has a Defensive Interval Ratio of 5 days as of December 2025. Defensive assets of $23.36 Million (cash $-, short-term investments $16.89 Million, receivables $6.47 Million) cover 5 days of daily cash needs of $4.93 Million/day. Check First National Corp (FXNC) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

5 days
Days of operational coverage

Defensive Assets

$23.36 Million
Cash + ST Investments + Receivables

Daily Cash Need

$4.93 Million
Current Liabilities ÷ 365

Current Liabilities

$1.80 Billion
USD

First National Corp Defensive Interval Ratio (1995–2025)

This chart shows how First National Corp's Defensive Interval Ratio has evolved across 31 annual periods from 1995 to 2025. As of December 2025, the ratio stands at 5 days, meaning defensive assets of $23.36 Million can fund 5 days of operations without new revenue. Also explore how fast is First National Corp growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for First National Corp (1995–2025)

The table below presents the year-by-year Defensive Interval Ratio for First National Corp from 1995 to 2025, covering 31 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 FXNC market cap.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 5 days $23.36 Million $4.93 Million/day $- $16.89 Million ▲ +3 days
2024 2 days $7.64 Million $4.94 Million/day $- $1.62 Million ▼ -43 days
2023 45 days $157.51 Million $3.52 Million/day $- $152.86 Million ▼ -4 days
2022 49 days $167.45 Million $3.42 Million/day $- $162.91 Million ▼ -36 days
2021 85 days $293.40 Million $3.43 Million/day $- $289.50 Million ▼ -12090 days
2020 12176 days $142.94 Million $11.74K/day $- $140.22 Million ▼ -8959 days
2019 21135 days $123.05 Million $5.82K/day $- $120.98 Million ▲ +21080 days
2018 55 days $101.97 Million $1.84 Million/day $- $99.86 Million ▼ -18971 days
2017 19027 days $91.17 Million $4.79K/day $- $89.25 Million ▲ +13338 days
2016 5688 days $96.55 Million $16.97K/day $- $94.80 Million ▼ -2046 days
2015 7734 days $107.22 Million $13.86K/day $- $105.56 Million ▲ +1444 days
2014 6291 days $84.55 Million $13.44K/day $- $83.29 Million ▲ +6207 days
2013 84 days $104.60 Million $1.24 Million/day $- $103.30 Million ▲ +14 days
2012 70 days $90.92 Million $1.29 Million/day $- $89.46 Million ▼ -1 days
2011 71 days $93.28 Million $1.31 Million/day $- $91.67 Million ▲ +23 days
2010 49 days $62.09 Million $1.28 Million/day $- $60.42 Million ▲ +47 days
2009 1 days $1.71 Million $1.28 Million/day $- $- ▼ 0 days
2008 1 days $1.76 Million $1.26 Million/day $- $- ▼ 0 days
2007 2 days $2.23 Million $1.23 Million/day $- $- ▲ +0 days
2006 2 days $2.04 Million $1.19 Million/day $- $- ▲ +0 days
2005 2 days $1.67 Million $1.06 Million/day $- $- ▲ +0 days
2004 1 days $1.33 Million $951.44K/day $- $- ▼ 0 days
2003 2 days $1.39 Million $762.56K/day $- $- ▼ 0 days
2002 2 days $1.40 Million $665.79K/day $- $- ▼ 0 days
2001 2 days $1.30 Million $541.04K/day $- $- ▼ 0 days
2000 3 days $1.37 Million $479.98K/day $- $- ▲ +0 days
1999 3 days $1.17 Million $424.57K/day $- $- ▲ +0 days
1998 3 days $1.15 Million $426.85K/day $- $- ▼ 0 days
1997 3 days $1.15 Million $388.89K/day $- $- ▲ +0 days
1996 3 days $891.35K $342.49K/day $- $- ▼ 0 days
1995 3 days $840.27K $320.31K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)