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.

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. For the complete balance sheet picture, see COINSHARES I. LS-000247 balance sheet assets.

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. See COINSHARES I. LS-000247 current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

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)