Tradeweb Markets Inc (TW) — Defensive Interval Ratio
Tradeweb Markets Inc (TW) has a Defensive Interval Ratio of 198 days as of December 2025. Defensive assets of $257.85 Million (cash $-, short-term investments $-, receivables $257.85 Million) cover 198 days of daily cash needs of $1.30 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tradeweb Markets Inc Defensive Interval Ratio (2009–2025)
This chart shows how Tradeweb Markets Inc's Defensive Interval Ratio has evolved across 16 annual periods from 2009 to 2025. As of December 2025, the ratio stands at 198 days, meaning defensive assets of $257.85 Million can fund 198 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Tradeweb Markets Inc.
Annual Defensive Interval Ratio for Tradeweb Markets Inc (2009–2025)
The table below presents the year-by-year Defensive Interval Ratio for Tradeweb Markets Inc from 2009 to 2025, covering 16 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 TW working capital 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 | 198 days | $257.85 Million | $1.30 Million/day | $- | $- | ▼ -55 days |
| 2024 | 254 days | $290.07 Million | $1.14 Million/day | $- | $- | ▼ -74 days |
| 2023 | 328 days | $558.49 Million | $1.71 Million/day | $- | $8.90 Million | ▲ +92 days |
| 2022 | 236 days | $154.31 Million | $654.51K/day | $- | $- | ▲ +24 days |
| 2021 | 212 days | $129.94 Million | $612.18K/day | $- | $- | ▲ +131 days |
| 2020 | 81 days | $105.77 Million | $1.31 Million/day | $- | $- | ▼ -58 days |
| 2019 | 139 days | $125.98 Million | $905.88K/day | $- | $- | ▼ -105 days |
| 2018 | 244 days | $261.78 Million | $1.07 Million/day | $- | $- | ▲ +159 days |
| 2017 | 85 days | $73.99 Million | $868.82K/day | $- | $- | ▼ -17 days |
| 2016 | 102 days | $79.44 Million | $776.22K/day | $- | $- | ▲ +61 days |
| 2014 | 41 days | $127.16 Million | $3.10 Million/day | $- | $127.16 Million | ▼ -2 days |
| 2013 | 43 days | $122.76 Million | $2.83 Million/day | $- | $122.76 Million | ▼ -24 days |
| 2012 | 67 days | $205.06 Million | $3.05 Million/day | $- | $205.06 Million | ▼ -3 days |
| 2011 | 70 days | $211.84 Million | $3.02 Million/day | $- | $211.84 Million | ▲ +9 days |
| 2010 | 61 days | $196.84 Million | $3.23 Million/day | $- | $196.84 Million | ▲ +42 days |
| 2009 | 19 days | $51.01 Million | $2.65 Million/day | $- | $51.01 Million | — |