First Horizon Corporation (FHN) — Defensive Interval Ratio

Latest as of March 2026: 338 days

First Horizon Corporation (FHN) has a Defensive Interval Ratio of 338 days as of March 2026. Defensive assets of $66.02 Billion (cash $-, short-term investments $1.81 Billion, receivables $64.21 Billion) cover 338 days of daily cash needs of $195.39 Million/day. Check First Horizon Corporation (FHN) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

338 days
Days of operational coverage

Defensive Assets

$66.02 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$195.39 Million
Current Liabilities ÷ 365

Current Liabilities

$71.32 Billion
USD

First Horizon Corporation Defensive Interval Ratio (1989–2025)

This chart shows how First Horizon Corporation's Defensive Interval Ratio has evolved across 37 annual periods from 1989 to 2025. As of March 2026, the ratio stands at 338 days, meaning defensive assets of $66.02 Billion can fund 338 days of operations without new revenue. Also explore First Horizon Corporation equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for First Horizon Corporation (1989–2025)

The table below presents the year-by-year Defensive Interval Ratio for First Horizon Corporation from 1989 to 2025, covering 37 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 how much is First Horizon Corporation worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 343 days $67.08 Billion $195.44 Million/day $- $3.66 Billion ▲ +309 days
2024 34 days $6.49 Billion $190.50 Million/day $- $6.49 Billion ▼ -10 days
2023 44 days $8.39 Billion $188.60 Million/day $- $8.39 Billion ▼ -1409 days
2022 1453 days $9.98 Billion $6.87 Million/day $- $9.98 Billion ▲ +1412 days
2021 41 days $8.71 Billion $212.18 Million/day $- $8.71 Billion ▼ -10805 days
2020 10846 days $65.32 Billion $6.02 Million/day $- $8.05 Billion ▲ +10120 days
2019 727 days $4.49 Billion $6.17 Million/day $- $4.45 Billion ▼ -14111 days
2018 14838 days $4.67 Billion $314.42K/day $- $4.63 Billion ▲ +14110 days
2017 728 days $5.24 Billion $7.20 Million/day $- $5.17 Billion ▼ -16829 days
2016 17557 days $4.00 Billion $227.88K/day $- $3.94 Billion ▲ +6984 days
2015 10573 days $3.99 Billion $377.70K/day $- $3.93 Billion ▲ +2217 days
2014 8356 days $3.60 Billion $430.73K/day $- $3.56 Billion ▲ +1417 days
2013 6939 days $3.44 Billion $496.29K/day $- $3.40 Billion ▲ +4155 days
2012 2784 days $3.37 Billion $1.21 Million/day $- $3.06 Billion ▲ +2721 days
2011 63 days $3.23 Billion $51.01 Million/day $- $3.07 Billion ▼ -4647 days
2010 4711 days $3.18 Billion $674.63K/day $- $3.03 Billion ▲ +4682 days
2009 28 days $1.49 Billion $52.30 Million/day $- $1.15 Billion ▼ -20 days
2008 49 days $2.90 Billion $59.58 Million/day $- $1.72 Billion ▲ +1 days
2007 48 days $3.38 Billion $70.85 Million/day $- $2.86 Billion ▼ -8 days
2006 56 days $4.17 Billion $74.58 Million/day $- $3.43 Billion ▲ +2 days
2005 54 days $4.13 Billion $76.32 Million/day $- $3.62 Billion ▲ +2 days
2004 52 days $3.34 Billion $64.48 Million/day $- $1.67 Billion ▼ -7 days
2003 59 days $3.07 Billion $52.02 Million/day $- $1.18 Billion ▲ +16 days
2002 43 days $2.26 Billion $52.61 Million/day $- $260.61 Million ▲ +2 days
2001 41 days $1.91 Billion $46.51 Million/day $- $229.44 Million ▲ +3 days
2000 38 days $1.62 Billion $42.81 Million/day $- $122.25 Million ▲ +1 days
1999 37 days $1.61 Billion $43.19 Million/day $- $279.50 Million ▲ +8 days
1998 29 days $1.30 Billion $44.01 Million/day $- $- ▲ +7 days
1997 23 days $777.40 Million $34.14 Million/day $- $- ▲ +4 days
1996 19 days $592.30 Million $31.00 Million/day $- $- ▲ +1 days
1995 18 days $527.60 Million $28.81 Million/day $- $- ▼ -2 days
1994 20 days $523.70 Million $25.60 Million/day $- $170.00 Million ▼ -19 days
1993 39 days $909.10 Million $23.22 Million/day $- $573.50 Million ▲ +4 days
1992 35 days $766.50 Million $21.72 Million/day $- $550.70 Million ▲ +30 days
1991 5 days $99.60 Million $18.59 Million/day $- $99.60 Million ▼ 0 days
1990 5 days $88.40 Million $16.38 Million/day $- $88.40 Million ▲ +1 days
1989 5 days $72.50 Million $15.57 Million/day $- $72.50 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)