Northern 2 Vct Plc (NTV) — Defensive Interval Ratio

Latest as of September 2025: 314 days

Northern 2 Vct Plc (NTV) has a Defensive Interval Ratio of 314 days as of September 2025. Defensive assets of GBX159.00K (cash GBX-, short-term investments GBX-, receivables GBX159.00K) cover 314 days of daily cash needs of GBX506.85/day. See NTV net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

314 days
Days of operational coverage

Defensive Assets

GBX159.00K
Cash + ST Investments + Receivables

Daily Cash Need

GBX506.85
Current Liabilities ÷ 365

Current Liabilities

GBX185.00K
GBX

Northern 2 Vct Plc Defensive Interval Ratio (2002–2024)

This chart shows how Northern 2 Vct Plc's Defensive Interval Ratio has evolved across 12 annual periods from 2002 to 2024. As of September 2025, the ratio stands at 314 days, meaning defensive assets of GBX159.00K can fund 314 days of operations without new revenue. See how leveraged is Northern 2 Vct Plc's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Northern 2 Vct Plc (2002–2024)

The table below presents the year-by-year Defensive Interval Ratio for Northern 2 Vct Plc from 2002 to 2024, covering 12 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 how much is Northern 2 Vct Plc worth.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 1968 days GBX879.00K GBX446.58/day GBX- GBX- ▲ +1782 days
2023 187 days GBX89.00K GBX476.71/day GBX- GBX- ▲ +84 days
2022 103 days GBX43.00K GBX419.18/day GBX- GBX- ▼ -460 days
2021 563 days GBX2.79 Million GBX4.95K/day GBX- GBX1.12 Million ▲ +316 days
2020 246 days GBX79.00K GBX320.55/day GBX- GBX- ▲ +234 days
2019 12 days GBX221.00K GBX18.27K/day GBX- GBX- ▼ -546 days
2018 558 days GBX205.00K GBX367.12/day GBX- GBX- ▲ +515 days
2017 43 days GBX591.00K GBX13.73K/day GBX- GBX- ▼ -86 days
2014 129 days GBX363.00K GBX2.82K/day GBX- GBX- ▲ +62 days
2013 66 days GBX219.00K GBX3.30K/day GBX- GBX- ▼ -69 days
2011 135 days GBX394.00K GBX2.92K/day GBX- GBX- ▼ -499 days
2002 634 days GBX1.50 Million GBX2.37K/day GBX- GBX1.50 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)