Smith-Midland Corp (SMID) — Defensive Interval Ratio

Latest as of March 2026: 723 days

Smith-Midland Corp (SMID) has a Defensive Interval Ratio of 723 days as of March 2026. Defensive assets of $28.40 Million (cash $-, short-term investments $-, receivables $28.40 Million) cover 723 days of daily cash needs of $39.27K/day. Check tangible net worth ratio of Smith-Midland Corp to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

723 days
Days of operational coverage

Defensive Assets

$28.40 Million
Cash + ST Investments + Receivables

Daily Cash Need

$39.27K
Current Liabilities ÷ 365

Current Liabilities

$14.33 Million
USD

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 723 days, meaning defensive assets of $28.40 Million can fund 723 days of operations without new revenue. Also explore Smith-Midland Corp (SMID) net asset momentum to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see how much is Smith-Midland Corp worth.

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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)