Life Science REIT PLC (LABS) — Defensive Interval Ratio

Latest as of June 2024: 215 days

Life Science REIT PLC (LABS) has a Defensive Interval Ratio of 215 days as of June 2024. Defensive assets of GBX6.18 Million (cash GBX-, short-term investments GBX-, receivables GBX6.18 Million) cover 215 days of daily cash needs of GBX28.78K/day. Check LABS tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

215 days
Days of operational coverage

Defensive Assets

GBX6.18 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX28.78K
Current Liabilities ÷ 365

Current Liabilities

GBX10.51 Million
GBX

Life Science REIT PLC Defensive Interval Ratio (2021–2023)

This chart shows how Life Science REIT PLC's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at 215 days, meaning defensive assets of GBX6.18 Million can fund 215 days of operations without new revenue. Also explore LABS year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Life Science REIT PLC (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for Life Science REIT PLC from 2021 to 2023, covering 3 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 LABS market cap.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 2015 days GBX10.06 Million GBX4.99K/day GBX- GBX- ▼ -1669 days
2022 3684 days GBX10.37 Million GBX2.81K/day GBX- GBX- ▲ +3448 days
2021 236 days GBX982.00K GBX4.17K/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)