Ground Rents Income Fund PLC (GRIO) — Defensive Interval Ratio

Latest as of March 2024: 283 days

Ground Rents Income Fund PLC (GRIO) has a Defensive Interval Ratio of 283 days as of March 2024. Defensive assets of GBX3.22 Million (cash GBX-, short-term investments GBX-, receivables GBX3.22 Million) cover 283 days of daily cash needs of GBX11.38K/day. Check GRIO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

283 days
Days of operational coverage

Defensive Assets

GBX3.22 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX11.38K
Current Liabilities ÷ 365

Current Liabilities

GBX4.15 Million
GBX

Ground Rents Income Fund PLC Defensive Interval Ratio (2014–2023)

This chart shows how Ground Rents Income Fund PLC's Defensive Interval Ratio has evolved across 10 annual periods from 2014 to 2023. As of March 2024, the ratio stands at 283 days, meaning defensive assets of GBX3.22 Million can fund 283 days of operations without new revenue. Also explore GRIO year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Ground Rents Income Fund PLC (2014–2023)

The table below presents the year-by-year Defensive Interval Ratio for Ground Rents Income Fund PLC from 2014 to 2023, covering 10 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 Ground Rents Income Fund PLC market cap and net worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 59096 days GBX2.58 Million GBX43.72/day GBX- GBX- ▼ -57390 days
2022 116485 days GBX1.17 Million GBX10.06/day GBX- GBX- ▲ +104059 days
2021 12427 days GBX1.77 Million GBX142.52/day GBX- GBX- ▲ +9776 days
2020 2650 days GBX1.78 Million GBX673.34/day GBX- GBX- ▼ -21319 days
2019 23970 days GBX1.06 Million GBX44.28/day GBX- GBX- ▲ +19744 days
2018 4226 days GBX1.84 Million GBX435.25/day GBX- GBX- ▲ +2152 days
2017 2074 days GBX2.54 Million GBX1.22K/day GBX- GBX- ▼ -1078 days
2016 3152 days GBX2.27 Million GBX720.98/day GBX- GBX- ▼ -1823 days
2015 4974 days GBX3.01 Million GBX604.41/day GBX- GBX- ▲ +4398 days
2014 576 days GBX482.19K GBX837.07/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)