City Of London Investment Trust (CTY) — Defensive Interval Ratio

Latest as of December 2025: 25 days

City Of London Investment Trust (CTY) has a Defensive Interval Ratio of 25 days as of December 2025. Defensive assets of GBX11.09 Million (cash GBX-, short-term investments GBX-, receivables GBX11.09 Million) cover 25 days of daily cash needs of GBX449.96K/day.

Defensive Interval Ratio

25 days
Days of operational coverage

Defensive Assets

GBX11.09 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX449.96K
Current Liabilities ÷ 365

Current Liabilities

GBX164.23 Million
GBX

City Of London Investment Trust Defensive Interval Ratio (2004–2025)

This chart shows how City Of London Investment Trust's Defensive Interval Ratio has evolved across 22 annual periods from 2004 to 2025. As of December 2025, the ratio stands at 25 days, meaning defensive assets of GBX11.09 Million can fund 25 days of operations without new revenue. For the complete balance sheet picture, see CTY total assets.

Annual Defensive Interval Ratio for City Of London Investment Trust (2004–2025)

The table below presents the year-by-year Defensive Interval Ratio for City Of London Investment Trust from 2004 to 2025, covering 22 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 CTY current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 386 days GBX1.96 Million GBX5.08K/day GBX- GBX- ▲ +381 days
2024 5 days GBX641.00K GBX126.87K/day GBX- GBX- ▼ -68 days
2023 73 days GBX2.77 Million GBX38.24K/day GBX- GBX- ▼ -243 days
2022 315 days GBX482.00K GBX1.53K/day GBX- GBX- ▼ -2882 days
2021 3197 days GBX692.00K GBX216.44/day GBX- GBX- ▲ +3159 days
2020 38 days GBX187.00K GBX4.92K/day GBX- GBX- ▲ +25 days
2019 13 days GBX903.00K GBX69.45K/day GBX- GBX- ▼ -460 days
2018 473 days GBX2.76 Million GBX5.84K/day GBX- GBX- ▼ -120 days
2017 593 days GBX2.17 Million GBX3.65K/day GBX- GBX- ▲ +498 days
2016 95 days GBX766.00K GBX8.04K/day GBX- GBX- ▲ +49 days
2015 46 days GBX255.00K GBX5.51K/day GBX- GBX- ▼ -289 days
2014 335 days GBX945.00K GBX2.82K/day GBX- GBX- ▲ +185 days
2013 150 days GBX1.72 Million GBX11.49K/day GBX- GBX- ▲ +132 days
2012 18 days GBX1.25 Million GBX70.92K/day GBX- GBX- ▼ -22 days
2011 40 days GBX1.43 Million GBX35.99K/day GBX- GBX- ▼ -220 days
2010 259 days GBX4.58 Million GBX17.65K/day GBX- GBX- ▼ -348 days
2009 607 days GBX7.17 Million GBX11.80K/day GBX- GBX- ▲ +481 days
2008 127 days GBX5.83 Million GBX45.98K/day GBX- GBX- ▼ -202 days
2007 329 days GBX3.54 Million GBX10.77K/day GBX- GBX- ▼ -249 days
2006 578 days GBX8.44 Million GBX14.61K/day GBX- GBX- ▲ +342 days
2005 236 days GBX2.65 Million GBX11.23K/day GBX- GBX- ▼ -160 days
2004 396 days GBX9.92 Million GBX25.04K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)