Marine Petroleum Trust (MARPS) — Defensive Interval Ratio
Marine Petroleum Trust (MARPS) has a Defensive Interval Ratio of 124 days as of June 2023. Defensive assets of $2.56 Billion (cash $-, short-term investments $-, receivables $2.56 Billion) cover 124 days of daily cash needs of $20.60 Million/day. Check MARPS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Marine Petroleum Trust Defensive Interval Ratio (1988–2024)
This chart shows how Marine Petroleum Trust's Defensive Interval Ratio has evolved across 37 annual periods from 1988 to 2024. As of June 2023, the ratio stands at 124 days, meaning defensive assets of $2.56 Billion can fund 124 days of operations without new revenue. Also explore Marine Petroleum Trust (MARPS) net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Marine Petroleum Trust (1988–2024)
The table below presents the year-by-year Defensive Interval Ratio for Marine Petroleum Trust from 1988 to 2024, covering 37 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 Marine Petroleum Trust stock valuation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 362 days | $114.81 Million | $317.18K/day | $- | $114.81 Million | ▲ +234 days |
| 2023 | 128 days | $2.57 Billion | $20.11 Million/day | $- | $- | ▼ -6910 days |
| 2022 | 7038 days | $1.98 Billion | $281.63K/day | $- | $- | ▲ +7038 days |
| 2021 | 0 days | $2.80K | $208.48K/day | $- | $- | ▲ +0 days |
| 2020 | 0 days | $2.80K | $208.48K/day | $- | $- | ▲ +0 days |
| 2019 | 0 days | $2.80K | $17.64 Million/day | $- | $- | ▼ 0 days |
| 2018 | 0 days | $2.80K | $16.47 Million/day | $- | $- | ▼ 0 days |
| 2017 | 0 days | $2.80K | $7.67K/day | $- | $- | ▲ +0 days |
| 2016 | 0 days | $2.80K | $8.86 Million/day | $- | $- | ▼ 0 days |
| 2015 | 0 days | $2.80K | $57.28K/day | $- | $- | ▲ +0 days |
| 2014 | 0 days | $2.80K | $226.64K/day | $- | $- | ▼ -730 days |
| 2013 | 730 days | $216.00 Million | $296.00K/day | $- | $216.00 Million | ▼ -147877 days |
| 2012 | 148607 days | $1.14 Billion | $7.67K/day | $- | $265.00 Million | ▲ +148607 days |
| 2011 | 0 days | $10.00K | $6.85 Million/day | $- | $- | ▼ -40 days |
| 2010 | 40 days | $249.01 Million | $6.27 Million/day | $- | $249.00 Million | ▼ -10 days |
| 2009 | 50 days | $346.01 Million | $6.94 Million/day | $- | $346.00 Million | ▼ -13462221 days |
| 2008 | 13462270 days | $343.01 Million | $25.48/day | $- | $343.00 Million | ▲ +17950972 days |
| 2007 | -4488701 days | $-93.46 Million | $20.82/day | $- | $-95.00 Million | ▲ +39111235 days |
| 2006 | -43599936 days | $-215.01 Million | $4.93/day | $- | $-216.00 Million | ▼ -44029636 days |
| 2005 | 429700 days | $1.18 Million | $2.74/day | $- | $- | ▲ +429603 days |
| 2004 | 97 days | $469.04 Million | $4.85 Million/day | $- | $468.00 Million | ▲ +15 days |
| 2003 | 82 days | $494.31 Million | $6.05 Million/day | $- | $493.00 Million | ▲ +82 days |
| 2002 | 0 days | $58.95K | $4.94 Million/day | $- | $- | ▼ -20286 days |
| 2001 | 20286 days | $1.02 Million | $50.25/day | $- | $- | ▼ -389 days |
| 2000 | 20674 days | $581.71K | $28.14/day | $- | $- | ▲ +20188 days |
| 1999 | 487 days | $400.00K | $821.92/day | $- | $- | ▲ +284 days |
| 1998 | 203 days | $500.00K | $2.47K/day | $- | $- | ▼ -122 days |
| 1997 | 324 days | $800.00K | $2.47K/day | $- | $- | ▲ +41 days |
| 1996 | 284 days | $700.00K | $2.47K/day | $- | $- | ▲ +81 days |
| 1995 | 203 days | $500.00K | $2.47K/day | $- | $- | ▲ +41 days |
| 1994 | 162 days | $400.00K | $2.47K/day | $- | $- | ▼ -41 days |
| 1993 | 203 days | $500.00K | $2.47K/day | $- | $- | ▲ +81 days |
| 1992 | 122 days | $300.00K | $2.47K/day | $- | $- | ▼ -81 days |
| 1991 | 203 days | $500.00K | $2.47K/day | $- | $- | ▼ -41 days |
| 1990 | 243 days | $600.00K | $2.47K/day | $- | $- | ▲ +87 days |
| 1989 | 156 days | $300.00K | $1.92K/day | $- | $- | ▼ -1304 days |
| 1988 | 1460 days | $400.00K | $273.97/day | $- | $- | — |