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.
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. For the complete balance sheet picture, see balance sheet size of Gladstone Land Corporation 6.00% Series .
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. See working capital to net assets of Gladstone Land Corporation 6.00% Series 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) |
|---|---|---|---|---|---|---|
| 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 | — |