Nippon Active Value Fund Plc (NAVF) — Defensive Interval Ratio
Nippon Active Value Fund Plc (NAVF) has a Defensive Interval Ratio of 37 days as of December 2025. Defensive assets of GBX52.00K (cash GBX-, short-term investments GBX-, receivables GBX52.00K) cover 37 days of daily cash needs of GBX1.39K/day. For the complete balance sheet picture, see balance sheet size of Nippon Active Value Fund Plc.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Nippon Active Value Fund Plc Defensive Interval Ratio (2020–2025)
This chart shows how Nippon Active Value Fund Plc's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 37 days, meaning defensive assets of GBX52.00K can fund 37 days of operations without new revenue. Read NAVF total debt and obligations for a breakdown of total debt and financial obligations.
Annual Defensive Interval Ratio for Nippon Active Value Fund Plc (2020–2025)
The table below presents the year-by-year Defensive Interval Ratio for Nippon Active Value Fund Plc from 2020 to 2025, covering 6 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 37 days | GBX52.00K | GBX1.39K/day | GBX- | GBX- | ▼ -351 days |
| 2024 | 389 days | GBX1.26 Million | GBX3.25K/day | GBX- | GBX- | ▼ -2680 days |
| 2023 | 3069 days | GBX2.88 Million | GBX939.73/day | GBX- | GBX- | ▲ +1335 days |
| 2022 | 1734 days | GBX1.22 Million | GBX701.37/day | GBX- | GBX- | ▼ -3109 days |
| 2021 | 4843 days | GBX1.83 Million | GBX378.08/day | GBX- | GBX- | ▼ -264 days |
| 2020 | 5107 days | GBX1.71 Million | GBX334.25/day | GBX- | GBX- | — |