Highest Performances Holdings Inc. (HPH) — Defensive Interval Ratio

Latest as of June 2024: 849 days

Highest Performances Holdings Inc. (HPH) has a Defensive Interval Ratio of 849 days as of June 2024. Defensive assets of $1.98 Billion (cash $-, short-term investments $583.92 Million, receivables $1.39 Billion) cover 849 days of daily cash needs of $2.33 Million/day. Check HPH tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

849 days
Days of operational coverage

Defensive Assets

$1.98 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$2.33 Million
Current Liabilities ÷ 365

Current Liabilities

$850.99 Million
USD

Highest Performances Holdings Inc. Defensive Interval Ratio (2017–2024)

This chart shows how Highest Performances Holdings Inc.'s Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2024, the ratio stands at 849 days, meaning defensive assets of $1.98 Billion can fund 849 days of operations without new revenue. Also explore HPH shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Highest Performances Holdings Inc. (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for Highest Performances Holdings Inc. from 2017 to 2024, covering 8 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 Highest Performances Holdings Inc..

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 849 days $1.98 Billion $2.33 Million/day $- $583.92 Million ▲ +2125 days
2023 -1277 days $-84.23 Million $65.96K/day $- $-141.83 Million ▼ -1424 days
2022 147 days $67.40 Million $457.88K/day $- $5.00 Million ▼ -9 days
2021 157 days $55.88 Million $356.96K/day $- $0.00 ▼ -180 days
2020 337 days $43.81 Million $130.19K/day $- $4.00 Million ▲ +193 days
2019 143 days $29.77 Million $207.76K/day $- $2.00 Million ▼ -383 days
2018 526 days $46.41 Million $88.26K/day $- $5.01 Million ▲ +114 days
2017 412 days $37.36 Million $90.72K/day $- $14.24 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)