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.
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. For the complete balance sheet picture, see SSBK asset base.
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. See SSBK 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) |
|---|---|---|---|---|---|---|
| 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 | $- | $- | — |