White Mountains Insurance Group Ltd (WTM) — Defensive Interval Ratio
White Mountains Insurance Group Ltd (WTM) has a Defensive Interval Ratio of 360 days as of September 2025. Defensive assets of $4.73 Billion (cash $-, short-term investments $2.21 Billion, receivables $2.52 Billion) cover 360 days of daily cash needs of $13.14 Million/day. See working capital position of White Mountains Insurance Group Ltd to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
White Mountains Insurance Group Ltd Defensive Interval Ratio (1989–2025)
This chart shows how White Mountains Insurance Group Ltd's Defensive Interval Ratio has evolved across 33 annual periods from 1989 to 2025. As of September 2025, the ratio stands at 360 days, meaning defensive assets of $4.73 Billion can fund 360 days of operations without new revenue. See White Mountains Insurance Group Ltd balance sheet independence to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for White Mountains Insurance Group Ltd (1989–2025)
The table below presents the year-by-year Defensive Interval Ratio for White Mountains Insurance Group Ltd from 1989 to 2025, covering 33 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 White Mountains Insurance Group Ltd market cap and net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 399 days | $4.73 Billion | $11.86 Million/day | $- | $2.96 Billion | ▼ -3892 days |
| 2024 | 4291 days | $2.79 Billion | $650.96K/day | $- | $964.20 Million | ▼ -9588 days |
| 2023 | 13879 days | $2.55 Billion | $183.56K/day | $- | $1.49 Billion | ▲ +10956 days |
| 2022 | 2923 days | $2.01 Billion | $687.95K/day | $- | $924.10 Million | ▲ +2256 days |
| 2021 | 667 days | $1.42 Billion | $2.13 Million/day | $- | $465.90 Million | ▲ +489 days |
| 2020 | 178 days | $229.90 Million | $1.29 Million/day | $- | $142.90 Million | ▼ -816 days |
| 2019 | 994 days | $278.70 Million | $280.27K/day | $- | $201.20 Million | ▲ +6 days |
| 2018 | 988 days | $301.60 Million | $305.21K/day | $- | $214.20 Million | ▼ -1664 days |
| 2017 | 2652 days | $234.00 Million | $88.22K/day | $- | $176.10 Million | ▲ +293 days |
| 2016 | 2359 days | $702.60 Million | $297.81K/day | $- | $287.00 Million | ▼ -5665 days |
| 2015 | 8024 days | $670.50 Million | $83.56K/day | $- | $211.30 Million | ▼ -270415 days |
| 2014 | 278439 days | $1.98 Billion | $7.12K/day | $- | $871.70 Million | ▲ +249588 days |
| 2013 | 28851 days | $1.62 Billion | $56.16K/day | $- | $635.90 Million | ▼ -23587 days |
| 2012 | 52438 days | $1.64 Billion | $31.23K/day | $- | $630.60 Million | ▲ +51569 days |
| 2011 | 870 days | $850.70 Million | $978.36K/day | $- | $846.00 Million | ▼ -2073 days |
| 2010 | 2943 days | $1.78 Billion | $605.48K/day | $- | $1.11 Billion | ▼ -8608 days |
| 2009 | 11551 days | $2.91 Billion | $252.05K/day | $- | $2.10 Billion | ▲ +955 days |
| 2008 | 10596 days | $3.16 Billion | $298.08K/day | $- | $2.24 Billion | ▼ -37042 days |
| 2007 | 47638 days | $6.06 Billion | $127.12K/day | $- | $1.33 Billion | ▲ +11958 days |
| 2006 | 35680 days | $6.53 Billion | $183.01K/day | $- | $1.34 Billion | ▼ -23756 days |
| 2005 | 59436 days | $7.07 Billion | $118.90K/day | $- | $727.80 Million | ▼ -13018 days |
| 2004 | 72454 days | $6.13 Billion | $84.66K/day | $- | $1.06 Billion | ▲ +66212 days |
| 2003 | 6242 days | $6.35 Billion | $1.02 Million/day | $- | $1.79 Billion | ▲ +951 days |
| 2002 | 5290 days | $7.18 Billion | $1.36 Million/day | $- | $1.79 Billion | ▲ +5079 days |
| 2001 | 211 days | $7.95 Billion | $37.68 Million/day | $- | $2.55 Billion | ▼ -35 days |
| 2000 | 246 days | $1.62 Billion | $6.58 Million/day | $- | $735.90 Million | ▲ +139 days |
| 1999 | 107 days | $361.00 Million | $3.38 Million/day | $- | $117.50 Million | ▲ +51 days |
| 1997 | 56 days | $155.80 Million | $2.77 Million/day | $- | $62.80 Million | ▲ +3 days |
| 1996 | 53 days | $119.70 Million | $2.26 Million/day | $- | $67.50 Million | ▼ -22 days |
| 1995 | 75 days | $148.90 Million | $1.98 Million/day | $- | $103.60 Million | ▼ -127 days |
| 1994 | 202 days | $276.50 Million | $1.37 Million/day | $- | $276.50 Million | ▲ +180 days |
| 1990 | 22 days | $146.00 Million | $6.50 Million/day | $- | $- | ▼ -267 days |
| 1989 | 290 days | $1.02 Billion | $3.54 Million/day | $- | $- | — |