Horizon Bancorp (HBNC) — Defensive Interval Ratio
Horizon Bancorp (HBNC) has a Defensive Interval Ratio of 3374 days as of March 2026. Defensive assets of $610.16 Million (cash $-, short-term investments $581.15 Million, receivables $29.02 Million) cover 3374 days of daily cash needs of $180.83K/day. Check Horizon Bancorp tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Horizon Bancorp Defensive Interval Ratio (1995–2025)
This chart shows how Horizon Bancorp's Defensive Interval Ratio has evolved across 31 annual periods from 1995 to 2025. As of March 2026, the ratio stands at 3374 days, meaning defensive assets of $610.16 Million can fund 3374 days of operations without new revenue. Also explore net asset momentum of Horizon Bancorp to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Horizon Bancorp (1995–2025)
The table below presents the year-by-year Defensive Interval Ratio for Horizon Bancorp 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 Horizon Bancorp market cap and net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 139 days | $33.62 Million | $242.38K/day | $- | $3.88 Million | ▲ +121 days |
| 2024 | 18 days | $273.42 Million | $15.62 Million/day | $- | $233.68 Million | ▼ -170 days |
| 2023 | 188 days | $585.96 Million | $3.12 Million/day | $- | $547.25 Million | ▼ -69885 days |
| 2022 | 70073 days | $1.03 Billion | $14.74K/day | $- | $997.56 Million | ▲ +70000 days |
| 2021 | 73 days | $1.19 Billion | $16.26 Million/day | $- | $1.16 Billion | ▼ -155432 days |
| 2020 | 155505 days | $1.16 Billion | $7.43K/day | $- | $1.13 Billion | ▲ +53001 days |
| 2019 | 102504 days | $859.91 Million | $8.39K/day | $- | $841.08 Million | ▼ -7947 days |
| 2018 | 110450 days | $614.59 Million | $5.56K/day | $- | $600.35 Million | ▲ +96110 days |
| 2017 | 14340 days | $525.91 Million | $36.67K/day | $- | $509.67 Million | ▲ +6070 days |
| 2016 | 8271 days | $452.54 Million | $54.72K/day | $- | $439.83 Million | ▼ -319666 days |
| 2015 | 327936 days | $455.52 Million | $1.39K/day | $- | $444.98 Million | ▲ +327866 days |
| 2014 | 71 days | $332.01 Million | $4.71 Million/day | $- | $323.76 Million | ▼ -57 days |
| 2013 | 128 days | $516.09 Million | $4.04 Million/day | $- | $508.59 Million | ▲ +11 days |
| 2012 | 117 days | $490.52 Million | $4.18 Million/day | $- | $482.80 Million | ▼ -15 days |
| 2011 | 132 days | $437.72 Million | $3.30 Million/day | $- | $431.05 Million | ▼ -11 days |
| 2010 | 144 days | $388.86 Million | $2.70 Million/day | $- | $382.34 Million | ▲ +14 days |
| 2009 | 130 days | $339.12 Million | $2.61 Million/day | $- | $333.13 Million | ▲ +16 days |
| 2008 | 114 days | $307.35 Million | $2.70 Million/day | $- | $301.64 Million | ▲ +38 days |
| 2007 | 76 days | $240.57 Million | $3.16 Million/day | $- | $234.68 Million | ▼ -15 days |
| 2006 | 91 days | $249.17 Million | $2.74 Million/day | $- | $243.08 Million | ▼ -22 days |
| 2005 | 113 days | $280.99 Million | $2.49 Million/day | $- | $275.18 Million | ▼ -37 days |
| 2004 | 150 days | $285.97 Million | $1.91 Million/day | $- | $281.28 Million | ▲ +9 days |
| 2003 | 141 days | $219.46 Million | $1.55 Million/day | $- | $215.69 Million | ▲ +130 days |
| 2002 | 11 days | $15.96 Million | $1.41 Million/day | $- | $12.45 Million | ▲ +9 days |
| 2001 | 2 days | $3.48 Million | $1.50 Million/day | $- | $267.00K | ▼ -1 days |
| 2000 | 3 days | $4.57 Million | $1.36 Million/day | $- | $1.27 Million | ▲ +1 days |
| 1999 | 3 days | $2.78 Million | $1.06 Million/day | $- | $- | ▲ +0 days |
| 1998 | 3 days | $2.25 Million | $894.25K/day | $- | $- | ▼ 0 days |
| 1997 | 3 days | $2.26 Million | $768.25K/day | $- | $- | ▲ +0 days |
| 1996 | 3 days | $2.22 Million | $827.48K/day | $- | $- | ▼ -1 days |
| 1995 | 3 days | $2.90 Million | $850.83K/day | $- | $- | — |