Southern States Bancshares Inc (SSBK) — Defensive Interval Ratio
Southern States Bancshares Inc (SSBK) has a Defensive Interval Ratio of 20 days as of March 2025. Defensive assets of $133.16 Million (cash $-, short-term investments $122.73 Million, receivables $10.43 Million) cover 20 days of daily cash needs of $6.70 Million/day. Check SSBK tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Southern States Bancshares Inc Defensive Interval Ratio (2018–2024)
This chart shows how Southern States Bancshares Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of March 2025, the ratio stands at 20 days, meaning defensive assets of $133.16 Million can fund 20 days of operations without new revenue. Also explore Southern States Bancshares Inc (SSBK) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Southern States Bancshares Inc (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for Southern States Bancshares Inc from 2018 to 2024, covering 7 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 market value of Southern States Bancshares Inc.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 19 days | $128.38 Million | $6.72 Million/day | $- | $118.27 Million | ▲ +0 days |
| 2023 | 19 days | $106.13 Million | $5.69 Million/day | $- | $97.42 Million | ▼ -104964 days |
| 2022 | 104982 days | $162.51 Million | $1.55K/day | $- | $155.54 Million | ▲ +104951 days |
| 2021 | 32 days | $136.34 Million | $4.30 Million/day | $- | $132.17 Million | ▼ -6 days |
| 2020 | 38 days | $118.24 Million | $3.14 Million/day | $- | $114.00 Million | ▲ +14 days |
| 2019 | 24 days | $62.93 Million | $2.63 Million/day | $- | $59.95 Million | ▲ +24 days |
| 2018 | 0 days | $51.35K | $343.56K/day | $- | $- | — |