Smith-Midland Corp (SMID) — Defensive Interval Ratio
Smith-Midland Corp (SMID) has a Defensive Interval Ratio of 659 days as of March 2026. Defensive assets of $29.91 Million (cash $-, short-term investments $-, receivables $29.91 Million) cover 659 days of daily cash needs of $45.41K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Smith-Midland Corp Defensive Interval Ratio (1994–2025)
This chart shows how Smith-Midland Corp's Defensive Interval Ratio has evolved across 32 annual periods from 1994 to 2025. As of March 2026, the ratio stands at 659 days, meaning defensive assets of $29.91 Million can fund 659 days of operations without new revenue. For the complete balance sheet picture, see Smith-Midland Corp (SMID) total assets.
Annual Defensive Interval Ratio for Smith-Midland Corp (1994–2025)
The table below presents the year-by-year Defensive Interval Ratio for Smith-Midland Corp from 1994 to 2025, covering 32 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 SMID current assets to equity 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) |
|---|---|---|---|---|---|---|
| 2025 | 723 days | $28.40 Million | $39.27K/day | $- | $- | ▲ +218 days |
| 2024 | 505 days | $20.77 Million | $41.12K/day | $- | $- | ▲ +101 days |
| 2023 | 404 days | $17.73 Million | $43.88K/day | $- | $- | ▼ -171 days |
| 2022 | 575 days | $17.69 Million | $30.75K/day | $- | $- | ▲ +290 days |
| 2021 | 285 days | $10.86 Million | $38.09K/day | $- | $0.00 | ▼ -197 days |
| 2020 | 483 days | $11.77 Million | $24.38K/day | $- | $1.23 Million | ▼ -74 days |
| 2019 | 557 days | $14.64 Million | $26.31K/day | $- | $1.18 Million | ▲ +70 days |
| 2018 | 487 days | $15.61 Million | $32.08K/day | $- | $1.11 Million | ▼ -57 days |
| 2017 | 544 days | $11.68 Million | $21.46K/day | $- | $1.10 Million | ▼ -70 days |
| 2016 | 614 days | $8.51 Million | $13.86K/day | $- | $1.05 Million | ▼ -50 days |
| 2015 | 664 days | $8.23 Million | $12.41K/day | $- | $1.04 Million | ▼ -92 days |
| 2014 | 756 days | $6.07 Million | $8.03K/day | $- | $1.01 Million | ▲ +15 days |
| 2013 | 741 days | $8.25 Million | $11.13K/day | $- | $915.34K | ▲ +23 days |
| 2012 | 718 days | $5.11 Million | $7.11K/day | $- | $- | ▼ -208 days |
| 2011 | 926 days | $7.57 Million | $8.17K/day | $- | $- | ▲ +107 days |
| 2010 | 819 days | $8.17 Million | $9.98K/day | $- | $- | ▲ +307 days |
| 2009 | 512 days | $4.85 Million | $9.46K/day | $- | $- | ▲ +48 days |
| 2008 | 465 days | $6.49 Million | $13.97K/day | $- | $- | ▼ -67 days |
| 2007 | 532 days | $6.22 Million | $11.70K/day | $- | $- | ▲ +122 days |
| 2006 | 410 days | $6.64 Million | $16.19K/day | $- | $- | ▼ -143 days |
| 2005 | 553 days | $4.90 Million | $8.85K/day | $- | $- | ▲ +34 days |
| 2004 | 520 days | $4.80 Million | $9.23K/day | $- | $- | ▲ +118 days |
| 2003 | 402 days | $4.66 Million | $11.58K/day | $- | $- | ▼ -168 days |
| 2002 | 570 days | $5.30 Million | $9.30K/day | $- | $- | ▲ +63 days |
| 2001 | 507 days | $6.39 Million | $12.61K/day | $- | $- | ▲ +108 days |
| 2000 | 399 days | $4.12 Million | $10.33K/day | $- | $- | ▲ +6 days |
| 1999 | 393 days | $3.68 Million | $9.36K/day | $- | $- | ▲ +41 days |
| 1998 | 352 days | $4.02 Million | $11.43K/day | $- | $- | ▲ +36 days |
| 1997 | 316 days | $4.30 Million | $13.60K/day | $- | $- | ▲ +74 days |
| 1996 | 242 days | $2.80 Million | $11.57K/day | $- | $- | ▼ -40 days |
| 1995 | 282 days | $2.70 Million | $9.59K/day | $- | $- | ▲ +38 days |
| 1994 | 243 days | $2.20 Million | $9.04K/day | $- | $- | — |