Herald Investment Trust (HRI) — Defensive Interval Ratio

Latest as of June 2024: 540 days

Herald Investment Trust (HRI) has a Defensive Interval Ratio of 540 days as of June 2024. Defensive assets of GBX2.67 Million (cash GBX-, short-term investments GBX-, receivables GBX2.67 Million) cover 540 days of daily cash needs of GBX4.94K/day. Check Herald Investment Trust (HRI) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

540 days
Days of operational coverage

Defensive Assets

GBX2.67 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX4.94K
Current Liabilities ÷ 365

Current Liabilities

GBX1.80 Million
GBX

Herald Investment Trust Defensive Interval Ratio (2006–2023)

This chart shows how Herald Investment Trust's Defensive Interval Ratio has evolved across 18 annual periods from 2006 to 2023. As of June 2024, the ratio stands at 540 days, meaning defensive assets of GBX2.67 Million can fund 540 days of operations without new revenue. Also explore Herald Investment Trust net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Herald Investment Trust (2006–2023)

The table below presents the year-by-year Defensive Interval Ratio for Herald Investment Trust from 2006 to 2023, covering 18 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 Herald Investment Trust market cap and net worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (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)