Scottish Mortgage Investment Trust plc (SMT) — Defensive Interval Ratio

Latest as of September 2024: 19 days

Scottish Mortgage Investment Trust plc (SMT) has a Defensive Interval Ratio of 19 days as of September 2024. Defensive assets of GBX12.56 Million (cash GBX-, short-term investments GBX-, receivables GBX12.56 Million) cover 19 days of daily cash needs of GBX656.95K/day. For the complete balance sheet picture, see SMT asset base.

Defensive Interval Ratio

19 days
Days of operational coverage

Defensive Assets

GBX12.56 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX656.95K
Current Liabilities ÷ 365

Current Liabilities

GBX239.79 Million
GBX

Scottish Mortgage Investment Trust plc Defensive Interval Ratio (2004–2024)

This chart shows how Scottish Mortgage Investment Trust plc's Defensive Interval Ratio has evolved across 17 annual periods from 2004 to 2024. As of September 2024, the ratio stands at 19 days, meaning defensive assets of GBX12.56 Million can fund 19 days of operations without new revenue. Check SMT financial resilience to evaluate the company's liquid asset resilience ratio.

Annual Defensive Interval Ratio for Scottish Mortgage Investment Trust plc (2004–2024)

The table below presents the year-by-year Defensive Interval Ratio for Scottish Mortgage Investment Trust plc from 2004 to 2024, covering 17 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)
2024 145 days GBX265.87 Million GBX1.83 Million/day GBX- GBX- ▲ +135 days
2023 10 days GBX10.87 Million GBX1.09 Million/day GBX- GBX- ▲ +3 days
2022 7 days GBX9.82 Million GBX1.44 Million/day GBX- GBX- ▼ -17 days
2021 24 days GBX20.22 Million GBX852.02K/day GBX- GBX- ▼ -30 days
2020 53 days GBX48.17 Million GBX903.33K/day GBX- GBX- ▲ +21 days
2019 33 days GBX27.66 Million GBX846.63K/day GBX- GBX- ▲ +31 days
2018 1 days GBX777.00K GBX662.91K/day GBX- GBX- ▼ -14 days
2017 15 days GBX15.23 Million GBX1.01 Million/day GBX- GBX- ▲ +12 days
2016 4 days GBX2.92 Million GBX831.47K/day GBX- GBX- ▼ -6 days
2015 9 days GBX2.95 Million GBX323.93K/day GBX- GBX- ▲ +3 days
2014 6 days GBX4.07 Million GBX709.65K/day GBX- GBX- ▼ -18 days
2013 24 days GBX4.78 Million GBX199.64K/day GBX- GBX- ▼ -14 days
2009 38 days GBX888.00K GBX23.46K/day GBX- GBX- ▼ -201 days
2008 239 days GBX10.77 Million GBX45.09K/day GBX- GBX- ▲ +237 days
2006 1 days GBX224.00K GBX150.46K/day GBX- GBX- ▼ -10 days
2005 12 days GBX1.46 Million GBX122.15K/day GBX- GBX- ▼ -51 days
2004 63 days GBX16.40 Million GBX261.10K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)