TwentyFour Select Monthly Income Fund Ltd Defensive Interval Ratio
TwentyFour Select Monthly Income Fund Ltd defensive interval ratio. TwentyFour Select Monthly Income Fund Ltd (SMIF) has a Defensive Interval Ratio of 14600 days as of September 2021. Defensive assets of GBX179.51 Million (cash GBX-, short-term investments GBX175.65 Million, receivables GBX3.86 Million) cover 14600 days of daily cash needs of GBX12.30K/day. See SMIF current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of TwentyFour Select Monthly Income Fund Ltd (2014–2022)
Defensive interval ratio of TwentyFour Select Monthly Income Fund Ltd from 2014 to 2022. This chart shows how TwentyFour Select Monthly Income Fund Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2014 to 2022. As of September 2021, the ratio stands at 14600 days, meaning defensive assets of GBX179.51 Million can fund 14600 days of operations without new revenue. Check SMIF asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
TwentyFour Select Monthly Income Fund Ltd Defensive Interval Ratio by Year (2014–2022)
TwentyFour Select Monthly Income Fund Ltd defensive interval ratio by year from 2014 to 2022. The table below presents the year-by-year Defensive Interval Ratio for TwentyFour Select Monthly Income Fund Ltd from 2014 to 2022, covering 9 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 the complete balance sheet picture, see TwentyFour Select Monthly Income Fund Lt balance sheet assets.
| Year | DIR (days) | Defensive Assets (GBX) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 125463 days | GBX152.84 Million | GBX1.22K/day | GBX- | GBX148.92 Million | ▲ +110863 days |
| 2021 | 14600 days | GBX179.51 Million | GBX12.30K/day | GBX- | GBX175.65 Million | ▲ +4358 days |
| 2020 | 10241 days | GBX187.80 Million | GBX18.34K/day | GBX- | GBX185.20 Million | ▼ -50164 days |
| 2019 | 60406 days | GBX161.65 Million | GBX2.68K/day | GBX- | GBX158.33 Million | ▼ -95494 days |
| 2018 | 155900 days | GBX168.79 Million | GBX1.08K/day | GBX- | GBX162.83 Million | ▲ +143066 days |
| 2017 | 12834 days | GBX151.26 Million | GBX11.79K/day | GBX- | GBX148.50 Million | ▼ -4340 days |
| 2016 | 17174 days | GBX131.56 Million | GBX7.66K/day | GBX- | GBX127.97 Million | ▲ +2404 days |
| 2015 | 14770 days | GBX132.83 Million | GBX8.99K/day | GBX- | GBX128.80 Million | ▲ +11502 days |
| 2014 | 3268 days | GBX2.27 Million | GBX693.27/day | GBX- | GBX- | — |