VersaBank (VBNK) — Defensive Interval Ratio
VersaBank (VBNK) has a Defensive Interval Ratio of 9 days as of April 2026. Defensive assets of CA$132.28 Million (cash CA$-, short-term investments CA$106.28 Million, receivables CA$26.01 Million) cover 9 days of daily cash needs of CA$15.13 Million/day. See how liquid is VersaBank'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
VersaBank Defensive Interval Ratio (2011–2025)
This chart shows how VersaBank's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of April 2026, the ratio stands at 9 days, meaning defensive assets of CA$132.28 Million can fund 9 days of operations without new revenue. See net asset quality index of VersaBank to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for VersaBank (2011–2025)
The table below presents the year-by-year Defensive Interval Ratio for VersaBank from 2011 to 2025, covering 15 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 VBNK stock market capitalisation.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 2 days | CA$31.74 Million | CA$13.32 Million/day | CA$- | CA$953.00K | ▼ -1 days |
| 2024 | 3 days | CA$33.45 Million | CA$11.36 Million/day | CA$- | CA$953.00K | ▲ +0 days |
| 2023 | 3 days | CA$25.49 Million | CA$9.71 Million/day | CA$- | CA$953.00K | ▼ 0 days |
| 2022 | 3 days | CA$19.43 Million | CA$7.30 Million/day | CA$- | CA$953.00K | ▼ -35 days |
| 2021 | 38 days | CA$11.79 Million | CA$311.54K/day | CA$- | CA$953.00K | ▲ +36 days |
| 2020 | 1 days | CA$6.81 Million | CA$4.56 Million/day | CA$- | CA$0.00 | ▼ 0 days |
| 2019 | 2 days | CA$7.16 Million | CA$4.10 Million/day | CA$- | CA$- | ▼ 0 days |
| 2018 | 2 days | CA$7.39 Million | CA$4.20 Million/day | CA$- | CA$- | ▲ +0 days |
| 2017 | 2 days | CA$6.31 Million | CA$4.01 Million/day | CA$- | CA$- | ▼ 0 days |
| 2016 | 2 days | CA$7.27 Million | CA$3.98 Million/day | CA$- | CA$- | ▼ -38 days |
| 2015 | 40 days | CA$6.65 Million | CA$167.13K/day | CA$- | CA$- | ▼ -20 days |
| 2014 | 60 days | CA$6.08 Million | CA$100.92K/day | CA$- | CA$- | ▲ +58 days |
| 2013 | 2 days | CA$6.01 Million | CA$3.29 Million/day | CA$- | CA$- | ▼ -510 days |
| 2012 | 512 days | CA$7.90 Million | CA$15.43K/day | CA$- | CA$- | ▲ +510 days |
| 2011 | 1 days | CA$4.60 Million | CA$3.50 Million/day | CA$- | CA$- | — |