TwentyFour Income Fund Ltd (TFIF) — Defensive Interval Ratio

Latest as of September 2023: 47226 days

TwentyFour Income Fund Ltd (TFIF) has a Defensive Interval Ratio of 47226 days as of September 2023. Defensive assets of GBX766.14 Million (cash GBX-, short-term investments GBX757.87 Million, receivables GBX8.27 Million) cover 47226 days of daily cash needs of GBX16.22K/day.

Defensive Interval Ratio

47226 days
Days of operational coverage

Defensive Assets

GBX766.14 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX16.22K
Current Liabilities ÷ 365

Current Liabilities

GBX5.92 Million
GBX

TwentyFour Income Fund Ltd Defensive Interval Ratio (2014–2024)

This chart shows how TwentyFour Income Fund Ltd's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of September 2023, the ratio stands at 47226 days, meaning defensive assets of GBX766.14 Million can fund 47226 days of operations without new revenue. For the complete balance sheet picture, see TwentyFour Income Fund Ltd balance sheet assets.

Annual Defensive Interval Ratio for TwentyFour Income Fund Ltd (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for TwentyFour Income Fund Ltd from 2014 to 2024, covering 11 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See TwentyFour Income Fund Ltd (TFIF) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 25336 days GBX824.40 Million GBX32.54K/day GBX- GBX813.36 Million ▲ +19870 days
2023 5467 days GBX746.26 Million GBX136.51K/day GBX- GBX739.39 Million ▼ -266345 days
2022 271812 days GBX700.41 Million GBX2.58K/day GBX- GBX696.51 Million ▲ +42743 days
2021 229069 days GBX590.27 Million GBX2.58K/day GBX- GBX586.85 Million ▲ +221669 days
2020 7401 days GBX484.98 Million GBX65.53K/day GBX- GBX481.31 Million ▼ -296941 days
2019 304342 days GBX502.06 Million GBX1.65K/day GBX- GBX491.60 Million ▲ +14448 days
2018 289894 days GBX462.76 Million GBX1.60K/day GBX- GBX457.33 Million ▼ -208651 days
2017 498545 days GBX438.69 Million GBX879.94/day GBX- GBX429.40 Million ▲ +497833 days
2016 713 days GBX15.15 Million GBX21.25K/day GBX- GBX- ▼ -1910 days
2015 2623 days GBX1.85 Million GBX705.15/day GBX- GBX- ▼ -781 days
2014 3404 days GBX1.86 Million GBX545.32/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)