Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) — Defensive Interval Ratio
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (LANDP) has a Defensive Interval Ratio of 2 days as of September 2019. Defensive assets of $38.00K (cash $-, short-term investments $-, receivables $38.00K) cover 2 days of daily cash needs of $22.49K/day. See LANDP net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock Defensive Interval Ratio (2013–2018)
This chart shows how Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock's Defensive Interval Ratio has evolved across 6 annual periods from 2013 to 2018. As of September 2019, the ratio stands at 2 days, meaning defensive assets of $38.00K can fund 2 days of operations without new revenue. See LANDP equity financing ratio to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (2013–2018)
The table below presents the year-by-year Defensive Interval Ratio for Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock from 2013 to 2018, covering 6 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 Gladstone Land Corporation 6.00% Series (LANDP) total market value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2018 | 1 days | $20.00K | $27.66K/day | $- | $0.00 | ▲ +1 days |
| 2017 | 0 days | $0.00 | $22.84K/day | $- | $0.00 | ▲ +0 days |
| 2016 | 0 days | $0.00 | $9.73K/day | $- | $0.00 | ▲ +0 days |
| 2015 | 0 days | $0.00 | $11.13K/day | $- | $0.00 | ▼ -104 days |
| 2014 | 104 days | $681.12K | $6.57K/day | $- | $681.12K | ▼ -94 days |
| 2013 | 197 days | $680.44K | $3.45K/day | $- | $680.44K | — |