Litigation Capital Management Limited (LIT) — Defensive Interval Ratio

Latest as of December 2024: 2220 days

Litigation Capital Management Limited (LIT) has a Defensive Interval Ratio of 2220 days as of December 2024. Defensive assets of GBX106.98 Million (cash GBX-, short-term investments GBX-, receivables GBX106.98 Million) cover 2220 days of daily cash needs of GBX48.19K/day. Check LIT tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2220 days
Days of operational coverage

Defensive Assets

GBX106.98 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX48.19K
Current Liabilities ÷ 365

Current Liabilities

GBX17.59 Million
GBX

Litigation Capital Management Limited Defensive Interval Ratio (2016–2024)

This chart shows how Litigation Capital Management Limited's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 2220 days, meaning defensive assets of GBX106.98 Million can fund 2220 days of operations without new revenue. Also explore Litigation Capital Management Limited annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Litigation Capital Management Limited (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Litigation Capital Management Limited from 2016 to 2024, covering 9 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 Litigation Capital Management Limited (LIT) market capitalisation.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 5560 days GBX476.20 Million GBX85.64K/day GBX- GBX465.21 Million ▼ -3824 days
2023 9384 days GBX393.47 Million GBX41.93K/day GBX- GBX391.41 Million ▲ +1357 days
2022 8027 days GBX299.28 Million GBX37.28K/day GBX- GBX296.98 Million ▲ +5299 days
2021 2729 days GBX195.09 Million GBX71.50K/day GBX- GBX181.25 Million ▲ +2316 days
2020 412 days GBX15.30 Million GBX37.09K/day GBX- GBX- ▲ +67 days
2019 346 days GBX7.27 Million GBX21.03K/day GBX- GBX- ▲ +288 days
2018 57 days GBX638.89K GBX11.15K/day GBX- GBX- ▲ +49 days
2017 8 days GBX43.67K GBX5.58K/day GBX- GBX0.00 ▼ -55 days
2016 63 days GBX673.00K GBX10.76K/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)