Independent Bank Corporation (IBCP) — Defensive Interval Ratio
Independent Bank Corporation (IBCP) has a Defensive Interval Ratio of 182 days as of December 2025. Defensive assets of $495.91 Million (cash $-, short-term investments $495.91 Million, receivables $-) cover 182 days of daily cash needs of $2.72 Million/day. See IBCP 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
Independent Bank Corporation Defensive Interval Ratio (1990–2025)
This chart shows how Independent Bank Corporation's Defensive Interval Ratio has evolved across 18 annual periods from 1990 to 2025. As of December 2025, the ratio stands at 182 days, meaning defensive assets of $495.91 Million can fund 182 days of operations without new revenue. See Independent Bank Corporation net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Independent Bank Corporation (1990–2025)
The table below presents the year-by-year Defensive Interval Ratio for Independent Bank Corporation from 1990 to 2025, covering 18 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 Independent Bank Corporation stock valuation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 182 days | $495.91 Million | $2.72 Million/day | $- | $495.91 Million | ▲ +180 days |
| 2024 | 2 days | $25.39 Million | $12.75 Million/day | $- | $25.39 Million | ▼ -52 days |
| 2023 | 54 days | $679.35 Million | $12.67 Million/day | $- | $679.35 Million | ▼ -19 days |
| 2022 | 73 days | $908.25 Million | $12.46 Million/day | $- | $779.35 Million | ▼ -266 days |
| 2021 | 339 days | $1.48 Billion | $4.36 Million/day | $- | $1.41 Billion | ▼ -19 days |
| 2020 | 358 days | $1.13 Billion | $3.17 Million/day | $- | $1.07 Billion | ▼ -6792 days |
| 2019 | 7150 days | $561.15 Million | $78.48K/day | $- | $518.40 Million | ▼ -9742 days |
| 2018 | 16892 days | $462.80 Million | $27.40K/day | $- | $427.93 Million | ▲ +6764 days |
| 2017 | 10128 days | $552.48 Million | $54.55K/day | $- | $522.92 Million | ▲ +9801 days |
| 2016 | 327 days | $646.25 Million | $1.97 Million/day | $- | $610.62 Million | ▼ -8930 days |
| 2015 | 9258 days | $592.71 Million | $64.02K/day | $- | $585.48 Million | ▲ +672 days |
| 2014 | 8585 days | $540.41 Million | $62.95K/day | $- | $533.18 Million | ▲ +8496 days |
| 2013 | 89 days | $470.20 Million | $5.26 Million/day | $- | $462.48 Million | ▲ +44 days |
| 2012 | 46 days | $226.86 Million | $4.97 Million/day | $- | $208.41 Million | ▲ +14 days |
| 2011 | 32 days | $186.74 Million | $5.85 Million/day | $- | $157.44 Million | ▼ -32 days |
| 2010 | 64 days | $404.26 Million | $6.29 Million/day | $- | $336.44 Million | ▲ +32 days |
| 2009 | 32 days | $228.94 Million | $7.15 Million/day | $- | $223.52 Million | ▲ +21 days |
| 1990 | 11 days | $9.70 Million | $907.95K/day | $- | $- | — |