Sprott Focus Trust (FUND) — Defensive Interval Ratio

Latest as of June 2024: 106 days

Sprott Focus Trust (FUND) has a Defensive Interval Ratio of 106 days as of June 2024. Defensive assets of $475.03K (cash $-, short-term investments $-, receivables $475.03K) cover 106 days of daily cash needs of $4.46K/day. Check Sprott Focus Trust tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

106 days
Days of operational coverage

Defensive Assets

$475.03K
Cash + ST Investments + Receivables

Daily Cash Need

$4.46K
Current Liabilities ÷ 365

Current Liabilities

$1.63 Million
USD

Sprott Focus Trust Defensive Interval Ratio (2013–2023)

This chart shows how Sprott Focus Trust's Defensive Interval Ratio has evolved across 11 annual periods from 2013 to 2023. As of June 2024, the ratio stands at 106 days, meaning defensive assets of $475.03K can fund 106 days of operations without new revenue. Also explore net asset momentum of Sprott Focus Trust to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sprott Focus Trust (2013–2023)

The table below presents the year-by-year Defensive Interval Ratio for Sprott Focus Trust from 2013 to 2023, 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. For live market cap and the full company financial profile, see how much is Sprott Focus Trust worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 913634 days $838.54K $0.92/day $- $- ▲ +912979 days
2022 655 days $962.16K $1.47K/day $- $- ▼ -1353606 days
2021 1354261 days $330.22K $0.24/day $- $- ▲ +630018 days
2020 724243 days $253.98K $0.35/day $- $- ▲ +723620 days
2019 622 days $328.58K $527.97/day $- $- ▼ -404 days
2018 1026 days $405.71K $395.28/day $- $0.00 ▲ +350 days
2017 676 days $328.02K $484.92/day $- $0.00 ▲ +371 days
2016 305 days $251.06K $821.92/day $- $0.00 ▲ +7 days
2015 298 days $245.27K $821.92/day $- $0.00 ▼ -249 days
2014 548 days $300.00K $547.95/day $- $- ▲ +183 days
2013 365 days $300.00K $821.92/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)