Towne Bank (TOWN) — Defensive Interval Ratio
Towne Bank (TOWN) has a Defensive Interval Ratio of 2218 days as of March 2026. Defensive assets of $188.31 Million (cash $-, short-term investments $188.31 Million, receivables $-) cover 2218 days of daily cash needs of $84.90K/day. See Towne Bank short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Towne Bank Defensive Interval Ratio (2005–2025)
This chart shows how Towne Bank's Defensive Interval Ratio has evolved across 21 annual periods from 2005 to 2025. As of March 2026, the ratio stands at 2218 days, meaning defensive assets of $188.31 Million can fund 2218 days of operations without new revenue. See TOWN net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Towne Bank (2005–2025)
The table below presents the year-by-year Defensive Interval Ratio for Towne Bank from 2005 to 2025, covering 21 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 TOWN market cap overview.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 5 days | $167.56 Million | $36.98 Million/day | $- | $167.56 Million | ▲ +3 days |
| 2024 | 2 days | $62.33 Million | $39.65 Million/day | $- | $62.33 Million | ▼ -54 days |
| 2023 | 56 days | $2.13 Billion | $38.15 Million/day | $- | $2.13 Billion | ▲ +1 days |
| 2022 | 55 days | $1.90 Billion | $34.42 Million/day | $- | $1.84 Billion | ▼ -3 days |
| 2021 | 58 days | $1.87 Billion | $32.26 Million/day | $- | $1.81 Billion | ▲ +3 days |
| 2020 | 55 days | $1.43 Billion | $26.23 Million/day | $- | $1.37 Billion | ▼ -2 days |
| 2019 | 56 days | $1.44 Billion | $25.54 Million/day | $- | $1.44 Billion | ▲ +9 days |
| 2018 | 47 days | $1.10 Billion | $23.06 Million/day | $- | $1.10 Billion | ▼ -1 days |
| 2017 | 49 days | $867.65 Million | $17.73 Million/day | $- | $867.65 Million | ▲ +0 days |
| 2016 | 49 days | $812.97 Million | $16.62 Million/day | $- | $812.97 Million | ▼ -4 days |
| 2015 | 53 days | $723.49 Million | $13.57 Million/day | $- | $723.49 Million | ▼ -4 days |
| 2014 | 57 days | $603.91 Million | $10.63 Million/day | $- | $603.91 Million | ▲ +2 days |
| 2013 | 55 days | $543.52 Million | $9.90 Million/day | $- | $543.52 Million | ▲ +6 days |
| 2012 | 48 days | $450.14 Million | $9.29 Million/day | $- | $450.14 Million | ▲ +11 days |
| 2011 | 38 days | $330.07 Million | $8.77 Million/day | $- | $330.07 Million | ▲ +37 days |
| 2010 | 1 days | $5.65 Million | $8.13 Million/day | $- | $5.65 Million | ▼ -1 days |
| 2009 | 1 days | $8.98 Million | $7.08 Million/day | $- | $8.98 Million | ▼ -2 days |
| 2008 | 4 days | $22.47 Million | $6.23 Million/day | $- | $22.47 Million | ▼ -3 days |
| 2007 | 7 days | $35.94 Million | $5.13 Million/day | $- | $35.94 Million | ▲ +6 days |
| 2006 | 1 days | $6.15 Million | $4.77 Million/day | $- | $6.15 Million | ▼ -4 days |
| 2005 | 6 days | $23.46 Million | $4.06 Million/day | $- | $23.46 Million | — |