Piper Sandler Companies (PIPR) — Defensive Interval Ratio
Piper Sandler Companies (PIPR) has a Defensive Interval Ratio of 208 days as of June 2026. Defensive assets of $296.38 Million (cash $-, short-term investments $-, receivables $296.38 Million) cover 208 days of daily cash needs of $1.42 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Piper Sandler Companies Defensive Interval Ratio (2002–2025)
This chart shows how Piper Sandler Companies's Defensive Interval Ratio has evolved across 24 annual periods from 2002 to 2025. As of June 2026, the ratio stands at 208 days, meaning defensive assets of $296.38 Million can fund 208 days of operations without new revenue. For the complete balance sheet picture, see Piper Sandler Companies total assets.
Annual Defensive Interval Ratio for Piper Sandler Companies (2002–2025)
The table below presents the year-by-year Defensive Interval Ratio for Piper Sandler Companies from 2002 to 2025, covering 24 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 PIPR working capital efficiency 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 | 789 days | $87.86 Million | $111.39K/day | $- | $- | ▼ -1949 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 | $- | $- | — |