Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock Defensive Interval Ratio

Latest as of September 2019: 2 days

Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock 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. Explore long-term investment intensity of Gladstone Land Corporation 6.00% Series to see how much of total assets are deployed in long-term investments.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

$38.00K
Cash + ST Investments + Receivables

Daily Cash Need

$22.49K
Current Liabilities ÷ 365

Current Liabilities

$8.21 Million
USD

Defensive Interval Ratio of Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock (2013–2018)

Defensive interval ratio of Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock from 2013 to 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. Read total liabilities of Gladstone Land Corporation 6.00% Series for a breakdown of total debt and financial obligations.

Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock Defensive Interval Ratio by Year (2013–2018)

Gladstone Land Corporation 6.00% Series C Cumulative Redeemable Preferred Stock defensive interval ratio by year from 2013 to 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 the complete balance sheet picture, see how large is Gladstone Land Corporation 6.00% Series 's balance sheet.

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 —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)