Herald Investment Trust (HRI) — Defensive Interval Ratio

Latest as of December 2025: 34 days

Herald Investment Trust (HRI) has a Defensive Interval Ratio of 34 days as of December 2025. Defensive assets of GBX141.00K (cash GBX-, short-term investments GBX-, receivables GBX141.00K) cover 34 days of daily cash needs of GBX4.15K/day. See how liquid is Herald Investment Trust's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

34 days
Days of operational coverage

Defensive Assets

GBX141.00K
Cash + ST Investments + Receivables

Daily Cash Need

GBX4.15K
Current Liabilities ÷ 365

Current Liabilities

GBX1.51 Million
GBX

Herald Investment Trust Defensive Interval Ratio (2006–2025)

This chart shows how Herald Investment Trust's Defensive Interval Ratio has evolved across 19 annual periods from 2006 to 2025. As of December 2025, the ratio stands at 34 days, meaning defensive assets of GBX141.00K can fund 34 days of operations without new revenue. See debt-free asset ratio of Herald Investment Trust to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Herald Investment Trust (2006–2025)

The table below presents the year-by-year Defensive Interval Ratio for Herald Investment Trust from 2006 to 2025, covering 19 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 market cap of Herald Investment Trust.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 34 days GBX141.00K GBX4.15K/day GBX- GBX- ▼ -555 days
2023 589 days GBX1.92 Million GBX3.26K/day GBX- GBX- ▲ +239 days
2022 350 days GBX1.17 Million GBX3.33K/day GBX- GBX- ▼ -427 days
2021 777 days GBX3.26 Million GBX4.19K/day GBX- GBX- ▲ +445 days
2020 332 days GBX1.46 Million GBX4.40K/day GBX- GBX- ▼ -88 days
2019 420 days GBX1.40 Million GBX3.33K/day GBX- GBX- ▼ -116 days
2018 536 days GBX1.41 Million GBX2.63K/day GBX- GBX- ▲ +162 days
2017 374 days GBX1.51 Million GBX4.05K/day GBX- GBX- ▼ -4937 days
2016 5312 days GBX23.40 Million GBX4.41K/day GBX- GBX- ▲ +5301 days
2015 11 days GBX90.00K GBX8.22K/day GBX- GBX- ▼ -11 days
2014 22 days GBX52.00K GBX2.40K/day GBX- GBX- ▼ -15 days
2013 36 days GBX40.00K GBX1.10K/day GBX- GBX- ▼ -558 days
2012 594 days GBX1.97 Million GBX3.31K/day GBX- GBX- ▲ +559 days
2011 35 days GBX1.95 Million GBX55.77K/day GBX- GBX- ▼ -19 days
2010 54 days GBX1.32 Million GBX24.48K/day GBX- GBX- ▼ -39 days
2009 92 days GBX1.59 Million GBX17.25K/day GBX- GBX- ▲ +51 days
2008 41 days GBX1.71 Million GBX41.31K/day GBX- GBX- ▼ -887 days
2007 928 days GBX839.00K GBX904.11/day GBX- GBX- ▲ +879 days
2006 49 days GBX2.78 Million GBX56.63K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)