Fat Prophets Global Property Fund (FPP) — Defensive Interval Ratio

Latest as of June 2024: 71 days

Fat Prophets Global Property Fund (FPP) has a Defensive Interval Ratio of 71 days as of June 2024. Defensive assets of AU$137.53K (cash AU$-, short-term investments AU$-, receivables AU$137.53K) cover 71 days of daily cash needs of AU$1.94K/day. Check FPP intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

71 days
Days of operational coverage

Defensive Assets

AU$137.53K
Cash + ST Investments + Receivables

Daily Cash Need

AU$1.94K
Current Liabilities ÷ 365

Current Liabilities

AU$707.51K
AUD

Fat Prophets Global Property Fund Defensive Interval Ratio (2018–2024)

This chart shows how Fat Prophets Global Property Fund's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2024, the ratio stands at 71 days, meaning defensive assets of AU$137.53K can fund 71 days of operations without new revenue. Also explore net asset growth rate of Fat Prophets Global Property Fund to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Fat Prophets Global Property Fund (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Fat Prophets Global Property Fund from 2018 to 2024, covering 7 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 Fat Prophets Global Property Fund stock valuation.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 71 days AU$137.53K AU$1.94K/day AU$- AU$- ▼ -954 days
2023 1025 days AU$1.99 Million AU$1.94K/day AU$1.86 Million AU$- ▲ +264 days
2022 762 days AU$3.57 Million AU$4.69K/day AU$1.78 Million AU$- ▲ +15 days
2021 746 days AU$1.40 Million AU$1.87K/day AU$1.26 Million AU$- ▼ -34793 days
2020 35540 days AU$1.77 Million AU$49.78/day AU$1.61 Million AU$- ▲ +34590 days
2019 949 days AU$1.64 Million AU$1.73K/day AU$1.51 Million AU$- ▲ +510 days
2018 440 days AU$521.82K AU$1.19K/day AU$346.34K AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)