Independent Bank Corporation Defensive Interval Ratio
Independent Bank Corporation defensive interval ratio. Independent Bank Corporation (IBCP) has a Defensive Interval Ratio of 36 days as of June 2026. Defensive assets of $493.95 Million (cash $-, short-term investments $493.95 Million, receivables $-) cover 36 days of daily cash needs of $13.67 Million/day. See how liquid is Independent Bank Corporation's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Independent Bank Corporation (1990–2025)
Defensive interval ratio of Independent Bank Corporation from 1990 to 2025. This chart shows how Independent Bank Corporation's Defensive Interval Ratio has evolved across 18 annual periods from 1990 to 2025. As of June 2026, the ratio stands at 36 days, meaning defensive assets of $493.95 Million can fund 36 days of operations without new revenue. Check Independent Bank Corporation liquidity resilience to evaluate the company's liquid asset resilience ratio.
Independent Bank Corporation Defensive Interval Ratio by Year (1990–2025)
Independent Bank Corporation defensive interval ratio by year from 1990 to 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 the complete balance sheet picture, see IBCP total asset value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 3 days | $42.25 Million | $13.05 Million/day | $- | $23.22 Million | ▲ +1 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 | $- | $- | — |