Heritage Financial Corporation (HFWA) — Defensive Interval Ratio
Heritage Financial Corporation (HFWA) has a Defensive Interval Ratio of 18714 days as of March 2026. Defensive assets of $1.03 Billion (cash $-, short-term investments $1.00 Billion, receivables $24.28 Million) cover 18714 days of daily cash needs of $54.79K/day. See HFWA net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Heritage Financial Corporation Defensive Interval Ratio (1997–2025)
This chart shows how Heritage Financial Corporation's Defensive Interval Ratio has evolved across 29 annual periods from 1997 to 2025. As of March 2026, the ratio stands at 18714 days, meaning defensive assets of $1.03 Billion can fund 18714 days of operations without new revenue. See net asset quality index of Heritage Financial Corporation to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Heritage Financial Corporation (1997–2025)
The table below presents the year-by-year Defensive Interval Ratio for Heritage Financial Corporation from 1997 to 2025, covering 29 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 market value of Heritage Financial Corporation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 427 days | $5.36 Billion | $12.55 Million/day | $- | $607.52 Million | ▲ +377 days |
| 2024 | 50 days | $783.88 Million | $15.57 Million/day | $- | $764.39 Million | ▼ -25 days |
| 2023 | 75 days | $1.15 Billion | $15.34 Million/day | $- | $1.13 Billion | ▼ -17 days |
| 2022 | 93 days | $1.35 Billion | $14.56 Million/day | $- | $1.33 Billion | ▲ +32 days |
| 2021 | 61 days | $908.99 Million | $14.94 Million/day | $- | $894.34 Million | ▼ -3 days |
| 2020 | 64 days | $821.58 Million | $12.87 Million/day | $- | $802.16 Million | ▼ -35 days |
| 2019 | 99 days | $966.76 Million | $9.79 Million/day | $- | $952.31 Million | ▼ -5 days |
| 2018 | 104 days | $991.50 Million | $9.53 Million/day | $- | $976.10 Million | ▼ -11 days |
| 2017 | 115 days | $822.77 Million | $7.18 Million/day | $- | $810.53 Million | ▼ -4 days |
| 2016 | 119 days | $805.57 Million | $6.77 Million/day | $- | $794.64 Million | ▼ -12828 days |
| 2015 | 12947 days | $822.34 Million | $63.52K/day | $- | $811.87 Million | ▲ +6742 days |
| 2014 | 6204 days | $752.68 Million | $121.32K/day | $- | $742.85 Million | ▲ +6162 days |
| 2013 | 43 days | $168.60 Million | $3.95 Million/day | $- | $163.13 Million | ▼ -5 days |
| 2012 | 47 days | $149.11 Million | $3.14 Million/day | $- | $144.29 Million | ▲ +1 days |
| 2011 | 47 days | $149.72 Million | $3.20 Million/day | $- | $144.60 Million | ▲ +41 days |
| 2010 | 6 days | $18.36 Million | $3.19 Million/day | $- | $13.74 Million | ▼ -33 days |
| 2009 | 39 days | $91.14 Million | $2.35 Million/day | $- | $87.12 Million | ▲ +24 days |
| 2008 | 15 days | $33.32 Million | $2.28 Million/day | $- | $29.16 Million | ▲ +10 days |
| 2007 | 5 days | $10.46 Million | $2.15 Million/day | $- | $6.06 Million | ▲ +1 days |
| 2006 | 4 days | $7.02 Million | $1.99 Million/day | $- | $2.72 Million | ▼ 0 days |
| 2005 | 4 days | $6.60 Million | $1.85 Million/day | $- | $3.03 Million | ▼ -28 days |
| 2004 | 31 days | $54.09 Million | $1.72 Million/day | $- | $51.14 Million | ▼ -1 days |
| 2003 | 32 days | $50.49 Million | $1.57 Million/day | $- | $47.71 Million | ▲ +5 days |
| 2002 | 27 days | $38.24 Million | $1.42 Million/day | $- | $35.36 Million | ▲ +6 days |
| 2001 | 21 days | $29.51 Million | $1.43 Million/day | $- | $26.31 Million | ▲ +17 days |
| 2000 | 4 days | $4.97 Million | $1.32 Million/day | $- | $1.28 Million | ▲ +1 days |
| 1999 | 3 days | $2.90 Million | $1.12 Million/day | $- | $- | ▼ 0 days |
| 1998 | 3 days | $2.30 Million | $866.58K/day | $- | $- | ▲ +0 days |
| 1997 | 3 days | $2.30 Million | $879.18K/day | $- | $- | — |