United Fire Group Inc (UFCS) — Defensive Interval Ratio
United Fire Group Inc (UFCS) has a Defensive Interval Ratio of 348 days as of September 2024. Defensive assets of $1.66 Billion (cash $-, short-term investments $788.24 Million, receivables $875.52 Million) cover 348 days of daily cash needs of $4.78 Million/day. See UFCS working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
United Fire Group Inc Defensive Interval Ratio (2004–2024)
This chart shows how United Fire Group Inc's Defensive Interval Ratio has evolved across 16 annual periods from 2004 to 2024. As of September 2024, the ratio stands at 348 days, meaning defensive assets of $1.66 Billion can fund 348 days of operations without new revenue. See UFCS equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for United Fire Group Inc (2004–2024)
The table below presents the year-by-year Defensive Interval Ratio for United Fire Group Inc from 2004 to 2024, 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. For live market cap and the full company financial profile, see United Fire Group Inc stock valuation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 339 days | $1.62 Billion | $4.79 Million/day | $- | $926.97 Million | ▼ -851 days |
| 2023 | 1190 days | $464.89 Million | $390.79K/day | $- | $100.00K | ▲ +1098 days |
| 2022 | 92 days | $366.00 Million | $4.00 Million/day | $- | $275.00K | ▼ -24 days |
| 2021 | 116 days | $477.24 Million | $4.11 Million/day | $- | $275.00K | ▼ -12 days |
| 2020 | 128 days | $544.20 Million | $4.25 Million/day | $- | $175.00K | ▼ -807 days |
| 2019 | 935 days | $357.81 Million | $382.59K/day | $- | $175.00K | ▲ +843 days |
| 2018 | 92 days | $347.00 Million | $3.76 Million/day | $- | $175.00K | ▲ +2 days |
| 2017 | 90 days | $328.69 Million | $3.64 Million/day | $- | $175.00K | ▼ -2 days |
| 2016 | 93 days | $306.38 Million | $3.31 Million/day | $- | $175.00K | ▼ -20447 days |
| 2015 | 20539 days | $276.69 Million | $13.47K/day | $- | $175.00K | ▲ +2391 days |
| 2014 | 18148 days | $249.21 Million | $13.73K/day | $- | $175.00K | ▲ +17587 days |
| 2013 | 561 days | $219.44 Million | $390.90K/day | $- | $800.00K | ▲ +534 days |
| 2012 | 27 days | $189.09 Million | $6.90 Million/day | $- | $800.00K | ▲ +2 days |
| 2011 | 25 days | $200.19 Million | $7.88 Million/day | $- | $1.10 Million | ▲ +5 days |
| 2010 | 20 days | $125.56 Million | $6.28 Million/day | $- | $1.10 Million | ▼ -966 days |
| 2004 | 986 days | $156.49 Million | $158.68K/day | $- | $37.72 Million | — |