Bank of N.T. Butterfield & Son Ltd (NTB) — Defensive Interval Ratio
Bank of N.T. Butterfield & Son Ltd (NTB) has a Defensive Interval Ratio of 101 days as of March 2026. Defensive assets of $3.59 Billion (cash $-, short-term investments $3.59 Billion, receivables $-) cover 101 days of daily cash needs of $35.66 Million/day. See how liquid is Bank of N.T. Butterfield & Son Ltd's working capital to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Bank of N.T. Butterfield & Son Ltd Defensive Interval Ratio (2012–2025)
This chart shows how Bank of N.T. Butterfield & Son Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 101 days, meaning defensive assets of $3.59 Billion can fund 101 days of operations without new revenue. See NTB equity to assets ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Bank of N.T. Butterfield & Son Ltd (2012–2025)
The table below presents the year-by-year Defensive Interval Ratio for Bank of N.T. Butterfield & Son Ltd from 2012 to 2025, covering 14 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 market value of Bank of N.T. Butterfield & Son Ltd.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 77016 days | $1.11 Billion | $14.38K/day | $- | $1.10 Billion | ▲ +76940 days |
| 2024 | 76 days | $2.67 Billion | $35.17 Million/day | $- | $2.67 Billion | ▲ +48 days |
| 2023 | 28 days | $639.13 Million | $23.02 Million/day | $- | $639.13 Million | ▼ -1418 days |
| 2022 | 1446 days | $1.10 Billion | $761.64K/day | $- | $884.00 Million | ▼ -122 days |
| 2021 | 1567 days | $1.36 Billion | $865.75K/day | $- | $1.20 Billion | ▲ +494 days |
| 2020 | 1073 days | $985.00 Million | $917.81K/day | $- | $823.00 Million | ▼ -53114 days |
| 2019 | 54187 days | $1.24 Billion | $22.91K/day | $- | $1.22 Billion | ▲ +48943 days |
| 2018 | 5244 days | $72.87 Million | $13.90K/day | $- | $52.00 Million | ▲ +5233 days |
| 2017 | 11 days | $274.92 Million | $26.09 Million/day | $- | $250.00 Million | ▼ -9 days |
| 2016 | 20 days | $542.78 Million | $27.42 Million/day | $- | $520.00 Million | ▼ -349589 days |
| 2015 | 349609 days | $2.63 Billion | $7.52K/day | $- | $2.61 Billion | ▲ +146336 days |
| 2014 | 203273 days | $2.65 Billion | $13.02K/day | $- | $2.63 Billion | ▲ +193336 days |
| 2013 | 9937 days | $104.13 Million | $10.48K/day | $- | $104.13 Million | ▲ +9704 days |
| 2012 | 233 days | $156.97 Million | $673.99K/day | $- | $138.00 Million | — |