Gladstone Investment Corporation 8.00% Notes due 2028 (GAINL) — Defensive Interval Ratio
Gladstone Investment Corporation 8.00% Notes due 2028 (GAINL) has a Defensive Interval Ratio of 961 days as of March 2024. Defensive assets of $11.05 Million (cash $-, short-term investments $-, receivables $11.05 Million) cover 961 days of daily cash needs of $11.50K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Gladstone Investment Corporation 8.00% Notes due 2028 Defensive Interval Ratio (2006–2024)
This chart shows how Gladstone Investment Corporation 8.00% Notes due 2028's Defensive Interval Ratio has evolved across 19 annual periods from 2006 to 2024. As of March 2024, the ratio stands at 961 days, meaning defensive assets of $11.05 Million can fund 961 days of operations without new revenue. For the complete balance sheet picture, see Gladstone Investment Corporation 8.00% N assets under control.
Annual Defensive Interval Ratio for Gladstone Investment Corporation 8.00% Notes due 2028 (2006–2024)
The table below presents the year-by-year Defensive Interval Ratio for Gladstone Investment Corporation 8.00% Notes due 2028 from 2006 to 2024, covering 19 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 working capital to net assets of Gladstone Investment Corporation 8.00% N 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 | 12 days | $11.05 Million | $907.79K/day | $- | $- | ▲ +2 days |
| 2023 | 10 days | $6.94 Million | $705.30K/day | $- | $- | ▼ -1144 days |
| 2022 | 1154 days | $9.45 Million | $8.19K/day | $- | $- | ▼ -280 days |
| 2021 | 1434 days | $4.53 Million | $3.16K/day | $- | $- | ▲ +179 days |
| 2020 | 1255 days | $4.20 Million | $3.35K/day | $- | $- | ▲ +1218 days |
| 2019 | 36 days | $4.09 Million | $113.46K/day | $- | $0.00 | ▼ -216 days |
| 2018 | 252 days | $5.86 Million | $23.25K/day | $- | $0.00 | ▼ -118 days |
| 2017 | 370 days | $4.54 Million | $12.28K/day | $- | $0.00 | ▲ +76 days |
| 2016 | 294 days | $4.43 Million | $15.05K/day | $- | $0.00 | ▼ -191 days |
| 2015 | 485 days | $6.38 Million | $13.14K/day | $- | $- | ▲ +143 days |
| 2014 | 342 days | $3.00 Million | $8.77K/day | $- | $7.00K | ▲ +330 days |
| 2013 | 12 days | $3.00 Million | $256.99K/day | $- | $18.00K | ▼ -2 days |
| 2012 | 13 days | $2.83 Million | $211.58K/day | $- | $48.00K | ▼ -1 days |
| 2011 | 14 days | $1.61 Million | $111.98K/day | $- | $15.00K | ▲ +7 days |
| 2010 | 8 days | $2.21 Million | $284.62K/day | $- | $42.00K | ▼ -6 days |
| 2009 | 14 days | $4.18 Million | $306.61K/day | $- | $-30.00K | ▼ -2 days |
| 2008 | 15 days | $6.15 Million | $399.34K/day | $- | $-4.05K | ▼ -36 days |
| 2007 | 51 days | $13.97 Million | $273.97K/day | $- | $-47.60K | ▼ -3649 days |
| 2006 | 3700 days | $1.01 Million | $273.97/day | $- | $17.71K | — |