Sprott Focus Trust (FUND) — Defensive Interval Ratio
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. See working capital position of Sprott Focus Trust to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. See FUND net asset quality score to measure how much of total assets are equity-financed.
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 market value of Sprott Focus Trust.
| 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 | $- | $- | — |