Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC (MCT) — Defensive Interval Ratio

Latest as of December 2024: 1290424 days

Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC (MCT) has a Defensive Interval Ratio of 1290424 days as of December 2024. Defensive assets of GBX170.70 Million (cash GBX-, short-term investments GBX169.95 Million, receivables GBX743.67K) cover 1290424 days of daily cash needs of GBX132.28/day. Check how tangible is Middlefield Canadian Income PCC - Middle's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1290424 days
Days of operational coverage

Defensive Assets

GBX170.70 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX132.28
Current Liabilities ÷ 365

Current Liabilities

GBX48.28K
GBX

Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC Defensive Interval Ratio (2015–2024)

This chart shows how Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of December 2024, the ratio stands at 1290424 days, meaning defensive assets of GBX170.70 Million can fund 1290424 days of operations without new revenue. Also explore MCT net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC (2015–2024)

The table below presents the year-by-year Defensive Interval Ratio for Middlefield Canadian Income PCC - Middlefield Canadian Income - GBP PC from 2015 to 2024, covering 10 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 Middlefield Canadian Income PCC - Middle stock valuation.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 1290424 days GBX170.70 Million GBX132.28/day GBX- GBX169.95 Million ▲ +536170 days
2023 754254 days GBX147.28 Million GBX195.26/day GBX- GBX146.64 Million ▲ +362414 days
2022 391840 days GBX163.58 Million GBX417.45/day GBX- GBX162.97 Million ▼ -2254282 days
2021 2646122 days GBX181.19 Million GBX68.47/day GBX- GBX180.58 Million ▲ +467353 days
2020 2178769 days GBX129.99 Million GBX59.66/day GBX- GBX129.56 Million ▲ +8841 days
2019 2169928 days GBX144.62 Million GBX66.65/day GBX- GBX144.08 Million ▼ -252507 days
2018 2422435 days GBX114.69 Million GBX47.35/day GBX- GBX114.10 Million ▲ +1779065 days
2017 643370 days GBX149.15 Million GBX231.82/day GBX- GBX148.46 Million ▼ -498612 days
2016 1141982 days GBX146.80 Million GBX128.55/day GBX- GBX146.33 Million ▲ +1140331 days
2015 1651 days GBX110.19 Million GBX66.75K/day GBX- GBX109.89 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)