Northern Trust Corporation (NTRS) — Defensive Interval Ratio
Northern Trust Corporation (NTRS) has a Defensive Interval Ratio of 403 days as of March 2026. Defensive assets of $11.20 Billion (cash $-, short-term investments $10.66 Billion, receivables $535.70 Million) cover 403 days of daily cash needs of $27.79 Million/day. See Northern Trust Corporation working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Northern Trust Corporation Defensive Interval Ratio (1989–2025)
This chart shows how Northern Trust Corporation's Defensive Interval Ratio has evolved across 37 annual periods from 1989 to 2025. As of March 2026, the ratio stands at 403 days, meaning defensive assets of $11.20 Billion can fund 403 days of operations without new revenue. See NTRS net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Northern Trust Corporation (1989–2025)
The table below presents the year-by-year Defensive Interval Ratio for Northern Trust Corporation from 1989 to 2025, covering 37 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 Northern Trust Corporation market cap and net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 6 days | $2.65 Billion | $426.69 Million/day | $- | $2.65 Billion | ▼ -26 days |
| 2024 | 33 days | $11.19 Billion | $342.75 Million/day | $- | $11.14 Billion | ▼ -41 days |
| 2023 | 73 days | $24.09 Billion | $328.75 Million/day | $- | $23.87 Billion | ▼ -12 days |
| 2022 | 85 days | $29.60 Billion | $346.29 Million/day | $- | $27.90 Billion | ▼ -11283 days |
| 2021 | 11369 days | $15.57 Billion | $1.37 Million/day | $- | $13.63 Billion | ▲ +11214 days |
| 2020 | 155 days | $20.35 Billion | $131.56 Million/day | $- | $19.19 Billion | ▼ -515 days |
| 2019 | 669 days | $14.28 Billion | $21.34 Million/day | $- | $13.44 Billion | ▲ +554 days |
| 2018 | 116 days | $37.53 Billion | $324.12 Million/day | $- | $35.88 Billion | ▲ +76 days |
| 2017 | 40 days | $13.57 Billion | $342.92 Million/day | $- | $11.92 Billion | ▼ -2 days |
| 2016 | 41 days | $12.55 Billion | $304.31 Million/day | $- | $11.51 Billion | ▼ -5 days |
| 2015 | 47 days | $13.40 Billion | $287.47 Million/day | $- | $11.24 Billion | ▲ +7 days |
| 2014 | 39 days | $10.56 Billion | $268.88 Million/day | $- | $8.99 Billion | ▼ -9 days |
| 2013 | 48 days | $11.93 Billion | $249.46 Million/day | $- | $10.58 Billion | ▼ -1 days |
| 2012 | 49 days | $11.53 Billion | $235.16 Million/day | $- | $9.48 Billion | ▲ +0 days |
| 2011 | 49 days | $11.43 Billion | $234.58 Million/day | $- | $9.67 Billion | ▼ -2 days |
| 2010 | 50 days | $10.19 Billion | $201.90 Million/day | $- | $9.49 Billion | ▼ -53 days |
| 2009 | 103 days | $19.26 Billion | $186.43 Million/day | $- | $17.46 Billion | ▲ +14 days |
| 2008 | 89 days | $16.27 Billion | $182.07 Million/day | $- | $14.41 Billion | ▲ +28 days |
| 2007 | 61 days | $9.47 Billion | $154.93 Million/day | $- | $7.74 Billion | ▼ -30 days |
| 2006 | 91 days | $12.88 Billion | $141.28 Million/day | $- | $11.25 Billion | ▼ -10 days |
| 2005 | 101 days | $11.48 Billion | $113.35 Million/day | $- | $9.97 Billion | ▲ +86 days |
| 2004 | 16 days | $1.49 Billion | $96.08 Million/day | $- | $1.34 Billion | ▲ +4 days |
| 2003 | 11 days | $932.60 Million | $84.57 Million/day | $- | $762.00 Million | ▼ -9 days |
| 2002 | 20 days | $1.58 Billion | $80.66 Million/day | $- | $972.50 Million | ▼ -36 days |
| 2001 | 55 days | $4.16 Billion | $75.01 Million/day | $- | $3.58 Billion | ▲ +40 days |
| 2000 | 15 days | $1.18 Billion | $76.77 Million/day | $- | $563.20 Million | ▼ -6 days |
| 1999 | 22 days | $1.42 Billion | $65.86 Million/day | $- | $1.09 Billion | ▼ -2 days |
| 1998 | 23 days | $1.51 Billion | $64.63 Million/day | $- | $1.17 Billion | ▼ -33 days |
| 1997 | 56 days | $3.28 Billion | $58.48 Million/day | $- | $3.28 Billion | ▲ +29 days |
| 1996 | 27 days | $1.39 Billion | $51.25 Million/day | $- | $1.39 Billion | ▲ +17 days |
| 1995 | 10 days | $489.20 Million | $48.41 Million/day | $- | $489.20 Million | ▼ -15 days |
| 1994 | 25 days | $1.08 Billion | $43.51 Million/day | $- | $1.08 Billion | ▲ +2 days |
| 1993 | 23 days | $907.20 Million | $39.11 Million/day | $- | $614.10 Million | ▼ -5 days |
| 1992 | 29 days | $1.02 Billion | $35.58 Million/day | $- | $458.10 Million | ▲ +15 days |
| 1991 | 14 days | $451.90 Million | $31.94 Million/day | $- | $451.90 Million | ▲ +4 days |
| 1990 | 10 days | $281.90 Million | $28.95 Million/day | $- | $281.90 Million | ▼ -4 days |
| 1989 | 13 days | $357.00 Million | $26.54 Million/day | $- | $357.00 Million | — |