SLM Corp (SLM) — Defensive Interval Ratio

Latest as of March 2026: 1552 days

SLM Corp (SLM) has a Defensive Interval Ratio of 1552 days as of March 2026. Defensive assets of $2.12 Billion (cash $-, short-term investments $589.71 Million, receivables $1.53 Billion) cover 1552 days of daily cash needs of $1.37 Million/day. Check SLM intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1552 days
Days of operational coverage

Defensive Assets

$2.12 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$1.37 Million
Current Liabilities ÷ 365

Current Liabilities

$498.89 Million
USD

SLM Corp Defensive Interval Ratio (1989–2025)

This chart shows how SLM Corp's Defensive Interval Ratio has evolved across 34 annual periods from 1989 to 2025. As of March 2026, the ratio stands at 1552 days, meaning defensive assets of $2.12 Billion can fund 1552 days of operations without new revenue. Also explore SLM net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for SLM Corp (1989–2025)

The table below presents the year-by-year Defensive Interval Ratio for SLM Corp from 1989 to 2025, covering 34 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 how much is SLM Corp worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 27 days $1.61 Billion $59.06 Million/day $- $49.25 Million ▼ -34 days
2024 61 days $3.53 Billion $57.72 Million/day $- $1.99 Billion ▼ -9 days
2023 70 days $4.16 Billion $59.32 Million/day $- $2.41 Billion ▲ +26 days
2022 44 days $3.93 Billion $88.55 Million/day $- $2.34 Billion ▲ +0 days
2021 44 days $3.97 Billion $90.42 Million/day $- $2.52 Billion ▲ +3 days
2020 41 days $3.78 Billion $91.50 Million/day $- $2.00 Billion ▲ +12 days
2019 29 days $2.00 Billion $67.85 Million/day $- $487.67 Million ▲ +2 days
2018 27 days $1.45 Billion $53.10 Million/day $- $176.25 Million ▼ -4 days
2017 31 days $1.38 Billion $43.92 Million/day $- $244.09 Million ▼ -1 days
2016 32 days $1.23 Billion $38.41 Million/day $- $208.60 Million ▲ +4 days
2015 28 days $945.96 Million $33.60 Million/day $- $195.39 Million ▼ -1 days
2014 30 days $878.94 Million $29.68 Million/day $- $168.93 Million ▼ -65 days
2013 94 days $4.45 Billion $47.28 Million/day $- $109.00 Million ▲ +20 days
2012 74 days $4.81 Billion $65.20 Million/day $- $72.00 Million ▲ +22 days
2011 52 days $5.37 Billion $103.84 Million/day $- $70.00 Million ▲ +5 days
2010 47 days $5.02 Billion $107.51 Million/day $- $83.00 Million ▼ -23 days
2009 70 days $8.51 Billion $121.88 Million/day $- $1.27 Billion ▼ -16 days
2008 86 days $10.12 Billion $117.92 Million/day $- $861.01 Million ▼ -5 days
2007 91 days $8.98 Billion $99.18 Million/day $- $2.87 Billion ▼ -510 days
2006 601 days $5.81 Billion $9.67 Million/day $- $2.46 Billion ▲ +169 days
2005 431 days $4.50 Billion $10.44 Million/day $- $2.10 Billion ▼ -318 days
2004 749 days $4.53 Billion $6.05 Million/day $- $2.21 Billion ▼ -150016 days
2003 150765 days $7.74 Trillion $51.33 Million/day $- $5.26 Trillion ▲ +59970 days
2002 90795 days $6.37 Trillion $70.19 Million/day $- $4.23 Trillion ▲ +90767 days
1998 28 days $2.10 Billion $76.01 Million/day $- $- ▼ -4 days
1997 32 days $2.01 Billion $63.49 Million/day $- $- ▲ +3 days
1996 29 days $1.91 Billion $65.69 Million/day $- $- ▼ -2 days
1995 31 days $1.62 Billion $51.61 Million/day $- $- ▲ +4 days
1994 28 days $1.31 Billion $47.04 Million/day $- $- ▲ +1 days
1993 27 days $1.04 Billion $39.19 Million/day $- $- ▼ -1 days
1992 28 days $1.11 Billion $40.21 Million/day $- $- ▼ -4 days
1991 32 days $1.14 Billion $35.66 Million/day $- $- ▲ +7 days
1990 25 days $1.10 Billion $43.25 Million/day $- $- ▲ +2 days
1989 23 days $1.02 Billion $43.36 Million/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)