Tufton Oceanic Assets Ltd (SHIP) — Defensive Interval Ratio

Latest as of June 2025: 2510 days

Tufton Oceanic Assets Ltd (SHIP) has a Defensive Interval Ratio of 2510 days as of June 2025. Defensive assets of $7.14 Million (cash $-, short-term investments $-, receivables $7.14 Million) cover 2510 days of daily cash needs of $2.85K/day. Check Tufton Oceanic Assets Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2510 days
Days of operational coverage

Defensive Assets

$7.14 Million
Cash + ST Investments + Receivables

Daily Cash Need

$2.85K
Current Liabilities ÷ 365

Current Liabilities

$1.04 Million
USD

Tufton Oceanic Assets Ltd Defensive Interval Ratio (2018–2025)

This chart shows how Tufton Oceanic Assets Ltd's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of June 2025, the ratio stands at 2510 days, meaning defensive assets of $7.14 Million can fund 2510 days of operations without new revenue. Also explore Tufton Oceanic Assets Ltd (SHIP) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tufton Oceanic Assets Ltd (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for Tufton Oceanic Assets Ltd from 2018 to 2025, covering 8 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 SHIP market cap overview.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 2510 days $7.14 Million $2.85K/day $- $- ▲ +337 days
2024 2173 days $7.19 Million $3.31K/day $- $- ▼ -328 days
2023 2501 days $7.84 Million $3.14K/day $- $- ▲ +2091 days
2022 410 days $5.72 Million $13.97K/day $- $- ▼ -1991 days
2021 2401 days $5.74 Million $2.39K/day $- $- ▼ -949 days
2020 3350 days $5.81 Million $1.74K/day $- $- ▲ +3346 days
2019 4 days $8.22K $1.88K/day $- $- ▲ +3 days
2018 1 days $868.00 $614.65/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)