Trustco Group Holdings (TTO) — Defensive Interval Ratio

Latest as of December 2023: 6 days

Trustco Group Holdings (TTO) has a Defensive Interval Ratio of 6 days as of December 2023. Defensive assets of ZAC28.00 Million (cash ZAC-, short-term investments ZAC-, receivables ZAC28.00 Million) cover 6 days of daily cash needs of ZAC5.09 Million/day. See how liquid is Trustco Group Holdings's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

ZAC28.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

ZAC5.09 Million
Current Liabilities ÷ 365

Current Liabilities

ZAC1.86 Billion
ZAC

Trustco Group Holdings Defensive Interval Ratio (2009–2023)

This chart shows how Trustco Group Holdings's Defensive Interval Ratio has evolved across 15 annual periods from 2009 to 2023. As of December 2023, the ratio stands at 6 days, meaning defensive assets of ZAC28.00 Million can fund 6 days of operations without new revenue. See Trustco Group Holdings (TTO) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Trustco Group Holdings (2009–2023)

The table below presents the year-by-year Defensive Interval Ratio for Trustco Group Holdings from 2009 to 2023, 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 TTO company net worth.

Year DIR (days) Defensive Assets (ZAC) Daily Cash Need Cash ST Investments Change (days)
2023 4 days ZAC24.00 Million ZAC6.70 Million/day ZAC- ZAC- ▼ -9 days
2022 13 days ZAC44.00 Million ZAC3.46 Million/day ZAC- ZAC- ▼ -481 days
2021 494 days ZAC165.00 Million ZAC334.25K/day ZAC- ZAC- ▲ +375 days
2020 119 days ZAC249.72 Million ZAC2.10 Million/day ZAC- ZAC- ▲ +62 days
2019 57 days ZAC336.04 Million ZAC5.88 Million/day ZAC- ZAC- ▼ -151 days
2018 208 days ZAC720.64 Million ZAC3.47 Million/day ZAC- ZAC- ▲ +35 days
2017 173 days ZAC397.45 Million ZAC2.30 Million/day ZAC- ZAC- ▼ -118 days
2016 290 days ZAC460.45 Million ZAC1.59 Million/day ZAC- ZAC- ▼ -169 days
2015 460 days ZAC414.65 Million ZAC902.07K/day ZAC- ZAC- ▲ +188 days
2014 271 days ZAC298.34 Million ZAC1.10 Million/day ZAC- ZAC- ▼ -184 days
2013 456 days ZAC280.52 Million ZAC615.54K/day ZAC- ZAC- ▲ +127 days
2012 329 days ZAC318.07 Million ZAC966.48K/day ZAC- ZAC- ▲ +89 days
2011 240 days ZAC198.69 Million ZAC827.12K/day ZAC- ZAC- ▲ +169 days
2010 71 days ZAC47.69 Million ZAC672.34K/day ZAC- ZAC18.27 Million ▲ +10 days
2009 60 days ZAC33.85 Million ZAC559.86K/day ZAC- ZAC- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)