Piper Sandler Companies (PIPR) — Defensive Interval Ratio
Piper Sandler Companies (PIPR) has a Defensive Interval Ratio of 2068 days as of September 2025. Defensive assets of $576.64 Million (cash $-, short-term investments $-, receivables $576.64 Million) cover 2068 days of daily cash needs of $278.81K/day. Check Piper Sandler Companies (PIPR) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Piper Sandler Companies Defensive Interval Ratio (2002–2024)
This chart shows how Piper Sandler Companies's Defensive Interval Ratio has evolved across 23 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 2068 days, meaning defensive assets of $576.64 Million can fund 2068 days of operations without new revenue. Also explore PIPR shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Piper Sandler Companies (2002–2024)
The table below presents the year-by-year Defensive Interval Ratio for Piper Sandler Companies from 2002 to 2024, covering 23 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 Piper Sandler Companies stock valuation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 2738 days | $271.67 Million | $99.22K/day | $- | $- | ▲ +2075 days |
| 2023 | 663 days | $245.71 Million | $370.78K/day | $- | $- | ▼ -1459 days |
| 2022 | 2122 days | $350.61 Million | $165.22K/day | $- | $- | ▲ +1312 days |
| 2021 | 810 days | $305.53 Million | $377.32K/day | $- | $- | ▼ -4301 days |
| 2020 | 5111 days | $260.33 Million | $50.93K/day | $- | $- | ▼ -902 days |
| 2019 | 6013 days | $947.08 Million | $157.51K/day | $- | $639.76 Million | ▲ +5487 days |
| 2018 | 526 days | $889.86 Million | $1.69 Million/day | $- | $627.22 Million | ▼ -94 days |
| 2017 | 620 days | $1.56 Billion | $2.51 Million/day | $- | $1.38 Billion | ▲ +414 days |
| 2016 | 206 days | $436.44 Million | $2.12 Million/day | $- | $159.70 Million | ▲ +32 days |
| 2015 | 174 days | $350.61 Million | $2.01 Million/day | $- | $136.98 Million | ▲ +31 days |
| 2014 | 144 days | $512.85 Million | $3.57 Million/day | $- | $308.17 Million | ▲ +8 days |
| 2013 | 136 days | $350.83 Million | $2.59 Million/day | $- | $167.88 Million | ▲ +39 days |
| 2012 | 96 days | $357.67 Million | $3.71 Million/day | $- | $145.43 Million | ▲ +7 days |
| 2011 | 90 days | $201.65 Million | $2.25 Million/day | $- | $160.15 Million | ▼ -92 days |
| 2010 | 182 days | $544.85 Million | $3.00 Million/day | $- | $259.00 Million | ▲ +43 days |
| 2009 | 138 days | $349.78 Million | $2.53 Million/day | $- | $- | ▲ +12 days |
| 2008 | 126 days | $198.30 Million | $1.57 Million/day | $- | $- | ▼ -14 days |
| 2007 | 140 days | $310.96 Million | $2.22 Million/day | $- | $- | ▼ -19 days |
| 2006 | 159 days | $403.66 Million | $2.54 Million/day | $- | $- | ▼ -49 days |
| 2005 | 207 days | $806.65 Million | $3.89 Million/day | $- | $- | ▲ +17 days |
| 2004 | 190 days | $1.00 Billion | $5.27 Million/day | $- | $- | ▲ +14 days |
| 2003 | 177 days | $740.50 Million | $4.19 Million/day | $- | $- | ▼ -67 days |
| 2002 | 244 days | $818.44 Million | $3.36 Million/day | $- | $- | — |