Northern Oil & Gas Inc (NOG) — Defensive Interval Ratio
Northern Oil & Gas Inc (NOG) has a Defensive Interval Ratio of 229 days as of June 2026. Defensive assets of $395.62 Million (cash $-, short-term investments $-, receivables $395.62 Million) cover 229 days of daily cash needs of $1.73 Million/day.
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 June 2026, the ratio stands at 229 days, meaning defensive assets of $395.62 Million can fund 229 days of operations without new revenue. For the complete balance sheet picture, see NOG total assets.
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. See Northern Oil & Gas Inc working capital to net assets 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 | 259 days | $382.29 Million | $1.48 Million/day | $14.30 Million | $- | ▼ -34 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 | $- | $- | — |