Polar Capital Global Financials Trust plc (PCFT) — Defensive Interval Ratio

Latest as of November 2025: 19 days

Polar Capital Global Financials Trust plc (PCFT) has a Defensive Interval Ratio of 19 days as of November 2025. Defensive assets of GBX2.09 Million (cash GBX-, short-term investments GBX560.00K, receivables GBX1.53 Million) cover 19 days of daily cash needs of GBX110.73K/day. Check how tangible is Polar Capital Global Financials Trust pl's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

19 days
Days of operational coverage

Defensive Assets

GBX2.09 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX110.73K
Current Liabilities ÷ 365

Current Liabilities

GBX40.41 Million
GBX

Polar Capital Global Financials Trust plc Defensive Interval Ratio (2013–2025)

This chart shows how Polar Capital Global Financials Trust plc's Defensive Interval Ratio has evolved across 13 annual periods from 2013 to 2025. As of November 2025, the ratio stands at 19 days, meaning defensive assets of GBX2.09 Million can fund 19 days of operations without new revenue. Also explore PCFT net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Polar Capital Global Financials Trust plc (2013–2025)

The table below presents the year-by-year Defensive Interval Ratio for Polar Capital Global Financials Trust plc from 2013 to 2025, covering 13 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 PCFT market cap overview.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2025 19 days GBX2.09 Million GBX110.73K/day GBX- GBX560.00K ▼ -76 days
2024 95 days GBX21.19 Million GBX223.69K/day GBX- GBX- ▼ -445 days
2023 540 days GBX7.72 Million GBX14.29K/day GBX- GBX856.00K ▲ +256 days
2022 285 days GBX1.92 Million GBX6.75K/day GBX- GBX- ▼ -166 days
2021 451 days GBX814.00K GBX1.81K/day GBX- GBX- ▲ +444 days
2020 6 days GBX387.00K GBX59.80K/day GBX- GBX- ▼ -110 days
2019 117 days GBX770.00K GBX6.61K/day GBX- GBX- ▼ -1013 days
2018 1129 days GBX1.41 Million GBX1.25K/day GBX- GBX- ▲ +1042 days
2017 87 days GBX766.00K GBX8.76K/day GBX- GBX- ▼ -337 days
2016 425 days GBX3.54 Million GBX8.33K/day GBX- GBX- ▼ -30 days
2015 455 days GBX2.31 Million GBX5.08K/day GBX- GBX- ▼ -708 days
2014 1163 days GBX1.27 Million GBX1.10K/day GBX- GBX- ▲ +534 days
2013 630 days GBX2.79 Million GBX4.44K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)