Brunner Investment Trust (BUT) — Defensive Interval Ratio

Latest as of November 2023: 1874 days

Brunner Investment Trust (BUT) has a Defensive Interval Ratio of 1874 days as of November 2023. Defensive assets of GBX1.61 Million (cash GBX-, short-term investments GBX-, receivables GBX1.61 Million) cover 1874 days of daily cash needs of GBX860.09/day. See BUT working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1874 days
Days of operational coverage

Defensive Assets

GBX1.61 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX860.09
Current Liabilities ÷ 365

Current Liabilities

GBX313.93K
GBX

Brunner Investment Trust Defensive Interval Ratio (2003–2023)

This chart shows how Brunner Investment Trust's Defensive Interval Ratio has evolved across 14 annual periods from 2003 to 2023. As of November 2023, the ratio stands at 1874 days, meaning defensive assets of GBX1.61 Million can fund 1874 days of operations without new revenue. See Brunner Investment Trust (BUT) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Brunner Investment Trust (2003–2023)

The table below presents the year-by-year Defensive Interval Ratio for Brunner Investment Trust from 2003 to 2023, covering 14 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 BUT stock market capitalisation.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 47 days GBX1.61 Million GBX34.56K/day GBX- GBX- ▲ +9800 days
2022 -9754 days GBX-8.39 Million GBX860.09/day GBX- GBX-11.09 Million ▼ -10343 days
2021 589 days GBX2.18 Million GBX3.70K/day GBX- GBX- ▼ -220 days
2020 809 days GBX2.39 Million GBX2.95K/day GBX- GBX- ▲ +490 days
2019 319 days GBX2.50 Million GBX7.84K/day GBX- GBX- ▼ -1395 days
2018 1714 days GBX1.47 Million GBX859.93/day GBX- GBX- ▼ -4326 days
2017 6040 days GBX24.62 Million GBX4.08K/day GBX- GBX19.60 Million ▼ -1322 days
2016 7362 days GBX20.94 Million GBX2.84K/day GBX- GBX19.44 Million ▲ +6873 days
2015 489 days GBX1.24 Million GBX2.54K/day GBX- GBX- ▲ +342 days
2014 147 days GBX851.33K GBX5.81K/day GBX- GBX- ▼ -695 days
2013 842 days GBX2.14 Million GBX2.54K/day GBX- GBX- ▲ +618 days
2012 224 days GBX1.16 Million GBX5.18K/day GBX- GBX- ▲ +116 days
2004 108 days GBX15.26 Million GBX141.81K/day GBX- GBX15.26 Million ▼ -71 days
2003 179 days GBX25.38 Million GBX141.99K/day GBX- GBX25.38 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)