Litigation Capital Management Limited (LIT) — Defensive Interval Ratio
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. See working capital to net assets of Litigation Capital Management Limited to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See Litigation Capital Management Limited net asset quality index to measure how much of total assets are equity-financed.
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 market value of Litigation Capital Management Limited.
| 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- | — |