GCP Asset Backed Income Fund Limited (GABI) — Defensive Interval Ratio

Latest as of June 2024: 81492 days

GCP Asset Backed Income Fund Limited (GABI) has a Defensive Interval Ratio of 81492 days as of June 2024. Defensive assets of GBX237.11 Million (cash GBX-, short-term investments GBX237.07 Million, receivables GBX38.00K) cover 81492 days of daily cash needs of GBX2.91K/day. Check tangible net worth ratio of GCP Asset Backed Income Fund Limited to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

81492 days
Days of operational coverage

Defensive Assets

GBX237.11 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX2.91K
Current Liabilities ÷ 365

Current Liabilities

GBX1.06 Million
GBX

GCP Asset Backed Income Fund Limited Defensive Interval Ratio (2016–2023)

This chart shows how GCP Asset Backed Income Fund Limited's Defensive Interval Ratio has evolved across 8 annual periods from 2016 to 2023. As of June 2024, the ratio stands at 81492 days, meaning defensive assets of GBX237.11 Million can fund 81492 days of operations without new revenue. Also explore how fast is GCP Asset Backed Income Fund Limited growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for GCP Asset Backed Income Fund Limited (2016–2023)

The table below presents the year-by-year Defensive Interval Ratio for GCP Asset Backed Income Fund Limited from 2016 to 2023, covering 8 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 GCP Asset Backed Income Fund Limited market cap and net worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 98063 days GBX367.00 Million GBX3.74K/day GBX- GBX366.82 Million ▼ -10488811 days
2022 10586874 days GBX435.08 Million GBX41.10/day GBX- GBX435.07 Million ▲ +10473949 days
2021 112925 days GBX447.06 Million GBX3.96K/day GBX- GBX446.99 Million ▼ -81285178 days
2020 81398103 days GBX446.02 Million GBX5.48/day GBX- GBX445.96 Million ▲ +73114574 days
2019 8283529 days GBX453.89 Million GBX54.79/day GBX- GBX453.88 Million ▲ +8118142 days
2018 165387 days GBX379.71 Million GBX2.30K/day GBX- GBX378.35 Million ▲ +351 days
2017 165037 days GBX262.25 Million GBX1.59K/day GBX- GBX261.75 Million ▲ +92975 days
2016 72061 days GBX158.53 Million GBX2.20K/day GBX- GBX158.42 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)