Northern Oil & Gas Inc (NOG) — Defensive Interval Ratio
Northern Oil & Gas Inc (NOG) has a Defensive Interval Ratio of 166 days as of March 2026. Defensive assets of $409.17 Million (cash $-, short-term investments $-, receivables $409.17 Million) cover 166 days of daily cash needs of $2.46 Million/day. Check Northern Oil & Gas Inc (NOG) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Northern Oil & Gas Inc Defensive Interval Ratio (2008–2025)
This chart shows how Northern Oil & Gas Inc's Defensive Interval Ratio has evolved across 18 annual periods from 2008 to 2025. As of March 2026, the ratio stands at 166 days, meaning defensive assets of $409.17 Million can fund 166 days of operations without new revenue. Also explore Northern Oil & Gas Inc equity growth rate to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Northern Oil & Gas Inc (2008–2025)
The table below presents the year-by-year Defensive Interval Ratio for Northern Oil & Gas Inc from 2008 to 2025, covering 18 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 NOG market cap.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 247 days | $364.23 Million | $1.48 Million/day | $14.30 Million | $- | ▼ -46 days |
| 2024 | 293 days | $436.66 Million | $1.49 Million/day | $8.93 Million | $- | ▼ -69 days |
| 2023 | 361 days | $381.98 Million | $1.06 Million/day | $8.20 Million | $- | ▲ +71 days |
| 2022 | 290 days | $274.20 Million | $945.13K/day | $2.53 Million | $- | ▲ +64 days |
| 2021 | 226 days | $203.07 Million | $897.42K/day | $9.52 Million | $- | ▲ +81 days |
| 2020 | 145 days | $72.44 Million | $499.93K/day | $1.43 Million | $- | ▼ -79 days |
| 2019 | 223 days | $124.55 Million | $557.47K/day | $16.07 Million | $- | ▲ +66 days |
| 2018 | 158 days | $99.92 Million | $634.32K/day | $2.36 Million | $- | ▼ -285 days |
| 2017 | 443 days | $149.82 Million | $338.56K/day | $102.18 Million | $0.00 | ▲ +236 days |
| 2016 | 206 days | $43.73 Million | $212.17K/day | $6.49 Million | $4.52K | ▼ -368 days |
| 2015 | 574 days | $122.84 Million | $214.01K/day | $- | $64.61 Million | ▲ +464 days |
| 2014 | 110 days | $85.93 Million | $782.83K/day | $- | $- | ▼ -53 days |
| 2013 | 163 days | $86.82 Million | $531.75K/day | $- | $- | ▼ -92 days |
| 2012 | 255 days | $70.22 Million | $275.22K/day | $- | $- | ▲ +45 days |
| 2011 | 210 days | $68.95 Million | $327.84K/day | $- | $- | ▼ -167 days |
| 2010 | 378 days | $61.76 Million | $163.47K/day | $- | $39.73 Million | ▼ -930 days |
| 2009 | 1308 days | $31.93 Million | $24.41K/day | $- | $24.90 Million | ▲ +1229 days |
| 2008 | 79 days | $2.90 Million | $36.74K/day | $- | $- | — |