New Mountain Finance Corporation (NMFC) — Defensive Interval Ratio

Latest as of September 2025: 62 days

New Mountain Finance Corporation (NMFC) has a Defensive Interval Ratio of 62 days as of September 2025. Defensive assets of $44.17 Million (cash $-, short-term investments $-, receivables $44.17 Million) cover 62 days of daily cash needs of $708.99K/day. Check how tangible is New Mountain Finance Corporation's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

62 days
Days of operational coverage

Defensive Assets

$44.17 Million
Cash + ST Investments + Receivables

Daily Cash Need

$708.99K
Current Liabilities ÷ 365

Current Liabilities

$258.78 Million
USD

New Mountain Finance Corporation Defensive Interval Ratio (2008–2024)

This chart shows how New Mountain Finance Corporation's Defensive Interval Ratio has evolved across 15 annual periods from 2008 to 2024. As of September 2025, the ratio stands at 62 days, meaning defensive assets of $44.17 Million can fund 62 days of operations without new revenue. Also explore how fast is New Mountain Finance Corporation growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for New Mountain Finance Corporation (2008–2024)

The table below presents the year-by-year Defensive Interval Ratio for New Mountain Finance Corporation from 2008 to 2024, covering 15 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 NMFC market cap.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 52 days $42.59 Million $820.61K/day $- $- ▼ -50 days
2023 102 days $44.19 Million $434.15K/day $- $- ▼ -2705 days
2022 2807 days $2.44 Billion $868.09K/day $- $2.40 Billion ▼ -30589 days
2021 33396 days $2.31 Billion $69.31K/day $- $2.28 Billion ▲ +33073 days
2020 323 days $37.55 Million $116.24K/day $- $- ▼ -318 days
2019 641 days $32.08 Million $50.04K/day $- $- ▲ +614 days
2018 27 days $53.88 Million $1.97 Million/day $- $23.51 Million ▼ -17 days
2017 44 days $57.06 Million $1.29 Million/day $- $25.21 Million ▲ +6 days
2016 38 days $48.39 Million $1.27 Million/day $- $29.22 Million ▲ +9 days
2015 29 days $43.90 Million $1.50 Million/day $- $29.70 Million ▼ -5 days
2014 34 days $51.15 Million $1.50 Million/day $- $30.00 Million ▼ -679465 days
2012 679499 days $6.34 Billion $9.33K/day $- $- ▲ +679494 days
2010 5 days $3.01 Million $598.07K/day $- $- ▼ -19 days
2009 24 days $5.92 Million $249.64K/day $- $- ▲ +23 days
2008 0 days $28.47K $85.80K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)