First Internet Bancorp (INBK) — Defensive Interval Ratio

Latest as of March 2026: 47 days

First Internet Bancorp (INBK) has a Defensive Interval Ratio of 47 days as of March 2026. Defensive assets of $648.45 Million (cash $-, short-term investments $620.27 Million, receivables $28.18 Million) cover 47 days of daily cash needs of $13.65 Million/day. See First Internet Bancorp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

47 days
Days of operational coverage

Defensive Assets

$648.45 Million
Cash + ST Investments + Receivables

Daily Cash Need

$13.65 Million
Current Liabilities ÷ 365

Current Liabilities

$4.98 Billion
USD

First Internet Bancorp Defensive Interval Ratio (2005–2025)

This chart shows how First Internet Bancorp's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 47 days, meaning defensive assets of $648.45 Million can fund 47 days of operations without new revenue. See how leveraged is First Internet Bancorp's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for First Internet Bancorp (2005–2025)

The table below presents the year-by-year Defensive Interval Ratio for First Internet Bancorp from 2005 to 2025, covering 21 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 INBK company net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 23484 days $643.40 Million $27.40K/day $- $615.50 Million ▲ +23382 days
2024 103 days $1.39 Billion $13.52 Million/day $- $413.30 Million ▼ -26 days
2023 128 days $1.43 Billion $11.15 Million/day $- $474.86 Million ▼ -13 days
2022 141 days $1.34 Billion $9.48 Million/day $- $390.38 Million ▼ -27 days
2021 169 days $1.48 Billion $8.80 Million/day $- $603.04 Million ▲ +8 days
2020 161 days $1.47 Billion $9.10 Million/day $- $497.63 Million ▼ -16 days
2019 177 days $1.56 Billion $8.80 Million/day $- $540.85 Million ▼ -15 days
2018 192 days $1.42 Billion $7.38 Million/day $- $481.35 Million ▼ -32 days
2017 224 days $1.29 Billion $5.74 Million/day $- $473.27 Million ▼ -41 days
2016 265 days $1.07 Billion $4.04 Million/day $- $456.70 Million ▼ -1862227 days
2015 1862492 days $597.02 Million $320.55/day $- $213.70 Million ▲ +592089 days
2014 1270403 days $337.61 Million $265.75/day $- $137.52 Million ▲ +1270304 days
2013 99 days $184.31 Million $1.85 Million/day $- $181.41 Million ▼ -9 days
2012 109 days $158.89 Million $1.46 Million/day $- $156.69 Million ▼ -5 days
2011 113 days $151.40 Million $1.34 Million/day $- $149.27 Million ▲ +86 days
2010 28 days $32.16 Million $1.16 Million/day $- $30.06 Million ▲ +26 days
2009 2 days $2.26 Million $1.13 Million/day $- $- ▼ 0 days
2008 2 days $2.77 Million $1.21 Million/day $- $- ▲ +0 days
2007 2 days $2.78 Million $1.27 Million/day $- $- ▲ +0 days
2006 2 days $2.29 Million $1.05 Million/day $- $- ▼ 0 days
2005 2 days $1.96 Million $901.75K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)