Provident Bancorp Inc (PVBC) — Defensive Interval Ratio
Provident Bancorp Inc (PVBC) has a Defensive Interval Ratio of 7 days as of September 2025. Defensive assets of $22.85 Million (cash $-, short-term investments $18.64 Million, receivables $4.21 Million) cover 7 days of daily cash needs of $3.38 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Provident Bancorp Inc Defensive Interval Ratio (2013–2024)
This chart shows how Provident Bancorp Inc's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2025, the ratio stands at 7 days, meaning defensive assets of $22.85 Million can fund 7 days of operations without new revenue. For the complete balance sheet picture, see PVBC current and non-current assets.
Annual Defensive Interval Ratio for Provident Bancorp Inc (2013–2024)
The table below presents the year-by-year Defensive Interval Ratio for Provident Bancorp Inc from 2013 to 2024, covering 12 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See PVBC working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 40 days | $146.90 Million | $3.68 Million/day | $- | $141.61 Million | ▲ +31 days |
| 2023 | 9 days | $34.66 Million | $3.91 Million/day | $- | $28.57 Million | ▼ 0 days |
| 2022 | 9 days | $35.20 Million | $3.80 Million/day | $- | $28.60 Million | ▼ -1 days |
| 2021 | 11 days | $42.54 Million | $4.00 Million/day | $- | $36.84 Million | ▼ -1 days |
| 2020 | 11 days | $38.59 Million | $3.39 Million/day | $- | $32.22 Million | ▼ -8 days |
| 2019 | 19 days | $44.64 Million | $2.33 Million/day | $- | $41.79 Million | ▼ -5 days |
| 2018 | 24 days | $54.04 Million | $2.22 Million/day | $- | $51.40 Million | ▼ -7 days |
| 2017 | 31 days | $63.77 Million | $2.05 Million/day | $- | $61.43 Million | ▼ -39 days |
| 2016 | 70 days | $120.19 Million | $1.72 Million/day | $- | $117.87 Million | ▲ +17 days |
| 2015 | 53 days | $83.23 Million | $1.58 Million/day | $- | $80.98 Million | ▼ -1 days |
| 2014 | 53 days | $78.18 Million | $1.47 Million/day | $- | $76.12 Million | ▼ -11 days |
| 2013 | 64 days | $89.61 Million | $1.39 Million/day | $- | $87.65 Million | — |