COINSHARES I. LS-000247 (3TW) — Defensive Interval Ratio

Latest as of June 2025: 89 days

COINSHARES I. LS-000247 (3TW) has a Defensive Interval Ratio of 89 days as of June 2025. Defensive assets of €1.40 Billion (cash €-, short-term investments €1.40 Billion, receivables €2.52 Million) cover 89 days of daily cash needs of €15.73 Million/day. See how liquid is COINSHARES I. LS-000247's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

89 days
Days of operational coverage

Defensive Assets

€1.40 Billion
Cash + ST Investments + Receivables

Daily Cash Need

€15.73 Million
Current Liabilities ÷ 365

Current Liabilities

€5.74 Billion
EUR

COINSHARES I. LS-000247 Defensive Interval Ratio (2021–2024)

This chart shows how COINSHARES I. LS-000247's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of June 2025, the ratio stands at 89 days, meaning defensive assets of €1.40 Billion can fund 89 days of operations without new revenue. See 3TW equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for COINSHARES I. LS-000247 (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for COINSHARES I. LS-000247 from 2021 to 2024, covering 4 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 market cap of COINSHARES I. LS-000247.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 78 days €1.20 Billion €15.34 Million/day €- €1.20 Billion ▲ +47 days
2023 31 days €270.97 Million €8.61 Million/day €- €269.28 Million ▲ +2 days
2022 29 days €98.55 Million €3.38 Million/day €- €96.79 Million ▼ -67 days
2021 96 days €1.34 Billion €14.06 Million/day €- €1.34 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)