International Biotechnology Trust plc (IBT) — Defensive Interval Ratio

Latest as of February 2025: 8 days

International Biotechnology Trust plc (IBT) has a Defensive Interval Ratio of 8 days as of February 2025. Defensive assets of GBX906.00K (cash GBX-, short-term investments GBX-, receivables GBX906.00K) cover 8 days of daily cash needs of GBX114.01K/day. Check tangible net worth ratio of International Biotechnology Trust plc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

8 days
Days of operational coverage

Defensive Assets

GBX906.00K
Cash + ST Investments + Receivables

Daily Cash Need

GBX114.01K
Current Liabilities ÷ 365

Current Liabilities

GBX41.61 Million
GBX

International Biotechnology Trust plc Defensive Interval Ratio (2004–2024)

This chart shows how International Biotechnology Trust plc's Defensive Interval Ratio has evolved across 20 annual periods from 2004 to 2024. As of February 2025, the ratio stands at 8 days, meaning defensive assets of GBX906.00K can fund 8 days of operations without new revenue. Also explore IBT net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for International Biotechnology Trust plc (2004–2024)

The table below presents the year-by-year Defensive Interval Ratio for International Biotechnology Trust plc from 2004 to 2024, covering 20 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 IBT market cap.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 21 days GBX109.00K GBX5.13K/day GBX- GBX- ▼ -6919 days
2023 6940 days GBX2.72 Million GBX391.78/day GBX- GBX- ▲ +2869 days
2022 4071 days GBX13.34 Million GBX3.28K/day GBX- GBX- ▲ +3931 days
2021 141 days GBX845.00K GBX6.00K/day GBX- GBX- ▲ +8 days
2020 132 days GBX45.00K GBX339.73/day GBX- GBX- ▼ -22098 days
2019 22230 days GBX2.56 Million GBX115.07/day GBX- GBX- ▲ +22229 days
2018 1 days GBX1.00K GBX1.01K/day GBX- GBX- ▼ -86 days
2017 87 days GBX2.77 Million GBX31.77K/day GBX- GBX- ▼ -1782 days
2016 1869 days GBX9.18 Million GBX4.91K/day GBX- GBX- ▼ -504 days
2015 2374 days GBX14.33 Million GBX6.04K/day GBX- GBX- ▲ +2333 days
2014 40 days GBX815.00K GBX20.21K/day GBX- GBX- ▼ -4512 days
2013 4553 days GBX2.79 Million GBX613.70/day GBX- GBX- ▼ -271615 days
2012 276168 days GBX6.05 Million GBX21.92/day GBX- GBX6.04 Million ▲ +274896 days
2011 1272 days GBX5.43 Million GBX4.27K/day GBX- GBX- ▲ +1046 days
2010 226 days GBX874.00K GBX3.86K/day GBX- GBX- ▼ -233 days
2009 459 days GBX584.00K GBX1.27K/day GBX- GBX- ▲ +81 days
2007 379 days GBX1.81 Million GBX4.79K/day GBX- GBX- ▼ -17155 days
2006 17533 days GBX8.02 Million GBX457.53/day GBX- GBX6.02 Million ▲ +13953 days
2005 3581 days GBX7.17 Million GBX2.00K/day GBX- GBX7.11 Million ▼ -4099 days
2004 7679 days GBX7.95 Million GBX1.04K/day GBX- GBX6.02 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)