Lancashire Holdings Ltd (LRE) — Defensive Interval Ratio

Latest as of December 2023: 9053 days

Lancashire Holdings Ltd (LRE) has a Defensive Interval Ratio of 9053 days as of December 2023. Defensive assets of GBX2.13 Billion (cash GBX-, short-term investments GBX2.13 Billion, receivables GBX-) cover 9053 days of daily cash needs of GBX235.07K/day. Check how tangible is Lancashire Holdings Ltd's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

9053 days
Days of operational coverage

Defensive Assets

GBX2.13 Billion
Cash + ST Investments + Receivables

Daily Cash Need

GBX235.07K
Current Liabilities ÷ 365

Current Liabilities

GBX85.80 Million
GBX

Lancashire Holdings Ltd Defensive Interval Ratio (2007–2023)

This chart shows how Lancashire Holdings Ltd's Defensive Interval Ratio has evolved across 17 annual periods from 2007 to 2023. As of December 2023, the ratio stands at 9053 days, meaning defensive assets of GBX2.13 Billion can fund 9053 days of operations without new revenue. Also explore net asset momentum of Lancashire Holdings Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Lancashire Holdings Ltd (2007–2023)

The table below presents the year-by-year Defensive Interval Ratio for Lancashire Holdings Ltd from 2007 to 2023, covering 17 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 Lancashire Holdings Ltd market cap and net worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 9053 days GBX2.13 Billion GBX235.07K/day GBX- GBX2.13 Billion ▲ +6047 days
2022 3006 days GBX2.66 Billion GBX885.75K/day GBX- GBX1.84 Billion ▼ -545 days
2021 3551 days GBX2.22 Billion GBX626.58K/day GBX- GBX1.67 Billion ▼ -442 days
2020 3993 days GBX1.94 Billion GBX484.93K/day GBX- GBX1.54 Billion ▲ +179 days
2019 3813 days GBX1.61 Billion GBX421.92K/day GBX- GBX1.21 Billion ▼ -1432 days
2018 5245 days GBX1.69 Billion GBX321.37K/day GBX- GBX1.33 Billion ▼ -543 days
2017 5788 days GBX1.68 Billion GBX290.96K/day GBX- GBX1.35 Billion ▼ -850 days
2016 6638 days GBX1.64 Billion GBX246.85K/day GBX- GBX1.32 Billion ▼ -3552 days
2015 10191 days GBX1.75 Billion GBX172.05K/day GBX- GBX1.46 Billion ▲ +378 days
2014 9813 days GBX2.02 Billion GBX205.48K/day GBX- GBX1.66 Billion ▲ +6494 days
2013 3319 days GBX543.70 Million GBX163.84K/day GBX- GBX231.00 Million ▲ +2544 days
2012 775 days GBX114.80 Million GBX148.22K/day GBX- GBX114.80 Million ▼ -33363 days
2011 34138 days GBX1.66 Billion GBX48.77K/day GBX- GBX1.66 Billion ▼ -108469 days
2010 142607 days GBX1.72 Billion GBX12.05K/day GBX- GBX1.72 Billion ▼ -21860 days
2009 164467 days GBX1.89 Billion GBX11.51K/day GBX- GBX1.89 Billion ▼ -126693 days
2008 291161 days GBX1.60 Billion GBX5.48K/day GBX- GBX1.60 Billion ▲ +222662 days
2007 68498 days GBX1.07 Billion GBX15.62K/day GBX- GBX1.07 Billion —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)