Hanover Bancorp Inc (HNVR) — Defensive Interval Ratio
Hanover Bancorp Inc (HNVR) has a Defensive Interval Ratio of 9 days as of March 2026. Defensive assets of $51.52 Million (cash $-, short-term investments $40.00 Million, receivables $11.52 Million) cover 9 days of daily cash needs of $5.55 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Hanover Bancorp Inc Defensive Interval Ratio (2020–2025)
This chart shows how Hanover Bancorp Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of March 2026, the ratio stands at 9 days, meaning defensive assets of $51.52 Million can fund 9 days of operations without new revenue. For the complete balance sheet picture, see how large is Hanover Bancorp Inc's balance sheet.
Annual Defensive Interval Ratio for Hanover Bancorp Inc (2020–2025)
The table below presents the year-by-year Defensive Interval Ratio for Hanover Bancorp Inc from 2020 to 2025, covering 6 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See HNVR current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 9 days | $48.71 Million | $5.56 Million/day | $- | $36.93 Million | ▼ -9 days |
| 2024 | 18 days | $95.60 Million | $5.36 Million/day | $- | $83.75 Million | ▲ +4 days |
| 2023 | 14 days | $73.33 Million | $5.22 Million/day | $- | $61.42 Million | ▲ +9 days |
| 2022 | 5 days | $20.83 Million | $4.19 Million/day | $- | $12.29 Million | ▼ 0 days |
| 2021 | 5 days | $17.11 Million | $3.19 Million/day | $- | $7.75 Million | ▼ -12488 days |
| 2020 | 12493 days | $12.80 Million | $1.02K/day | $- | $6.04 Million | — |