BTC Digital Ltd. (BTCT) — Defensive Interval Ratio
BTC Digital Ltd. (BTCT) has a Defensive Interval Ratio of 7549 days as of September 2025. Defensive assets of $41.04 Million (cash $-, short-term investments $8.46 Million, receivables $32.58 Million) cover 7549 days of daily cash needs of $5.44K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
BTC Digital Ltd. Defensive Interval Ratio (2018–2024)
This chart shows how BTC Digital Ltd.'s Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of September 2025, the ratio stands at 7549 days, meaning defensive assets of $41.04 Million can fund 7549 days of operations without new revenue. For the complete balance sheet picture, see BTC Digital Ltd. balance sheet assets.
Annual Defensive Interval Ratio for BTC Digital Ltd. (2018–2024)
The table below presents the year-by-year Defensive Interval Ratio for BTC Digital Ltd. from 2018 to 2024, covering 7 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 how liquid is BTC Digital Ltd.'s working capital to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 2320 days | $5.68 Million | $2.45K/day | $- | $- | ▲ +1928 days |
| 2023 | 392 days | $5.49 Million | $13.98K/day | $- | $- | ▲ +350 days |
| 2022 | 43 days | $8.90 Million | $209.05K/day | $- | $- | ▲ +35 days |
| 2021 | 8 days | $15.47 Million | $1.96 Million/day | $- | $- | ▲ +5 days |
| 2020 | 3 days | $9.05 Million | $3.21 Million/day | $- | $- | ▲ +0 days |
| 2019 | 3 days | $9.12 Million | $3.49 Million/day | $- | $- | ▼ -2 days |
| 2018 | 5 days | $13.08 Million | $2.85 Million/day | $- | $- | — |