Perdoceo Education Corp (PRDO) — Defensive Interval Ratio
Perdoceo Education Corp (PRDO) has a Defensive Interval Ratio of 1173 days as of September 2025. Defensive assets of $529.14 Million (cash $-, short-term investments $487.84 Million, receivables $41.30 Million) cover 1173 days of daily cash needs of $451.07K/day. Check Perdoceo Education Corp tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Perdoceo Education Corp Defensive Interval Ratio (1997–2024)
This chart shows how Perdoceo Education Corp's Defensive Interval Ratio has evolved across 28 annual periods from 1997 to 2024. As of September 2025, the ratio stands at 1173 days, meaning defensive assets of $529.14 Million can fund 1173 days of operations without new revenue. Also explore PRDO net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Perdoceo Education Corp (1997–2024)
The table below presents the year-by-year Defensive Interval Ratio for Perdoceo Education Corp from 1997 to 2024, covering 28 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 PRDO market cap.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 1348 days | $487.93 Million | $362.09K/day | $- | $459.80 Million | ▼ -359 days |
| 2023 | 1706 days | $519.07 Million | $304.22K/day | $- | $485.13 Million | ▲ +711 days |
| 2022 | 995 days | $445.32 Million | $447.62K/day | $- | $399.31 Million | ▲ +425 days |
| 2021 | 570 days | $218.94 Million | $384.23K/day | $- | $174.21 Million | ▼ -655 days |
| 2020 | 1224 days | $348.23 Million | $284.42K/day | $- | $300.68 Million | ▲ +374 days |
| 2019 | 850 days | $241.89 Million | $284.42K/day | $- | $185.49 Million | ▼ -6 days |
| 2018 | 857 days | $227.75 Million | $265.90K/day | $- | $196.43 Million | ▲ +286 days |
| 2017 | 571 days | $176.22 Million | $308.73K/day | $- | $156.18 Million | ▲ +201 days |
| 2016 | 370 days | $171.44 Million | $463.59K/day | $- | $147.68 Million | ▲ +83 days |
| 2015 | 287 days | $151.71 Million | $528.23K/day | $- | $114.90 Million | ▼ -28 days |
| 2014 | 315 days | $173.66 Million | $551.19K/day | $- | $122.86 Million | ▲ +150 days |
| 2013 | 165 days | $93.68 Million | $568.31K/day | $- | $31.59 Million | ▲ +23 days |
| 2012 | 141 days | $136.66 Million | $966.34K/day | $- | $63.88 Million | ▼ -107 days |
| 2011 | 248 days | $224.09 Million | $902.58K/day | $- | $160.61 Million | ▲ +70 days |
| 2010 | 178 days | $226.09 Million | $1.27 Million/day | $- | $159.67 Million | ▼ -40 days |
| 2009 | 218 days | $263.43 Million | $1.21 Million/day | $- | $200.38 Million | ▼ -124 days |
| 2008 | 341 days | $332.26 Million | $973.41K/day | $- | $263.95 Million | ▲ +120 days |
| 2007 | 221 days | $224.83 Million | $1.02 Million/day | $- | $166.62 Million | ▼ -148 days |
| 2006 | 369 days | $316.01 Million | $856.17K/day | $- | $259.77 Million | ▼ -4 days |
| 2005 | 373 days | $333.98 Million | $895.22K/day | $- | $272.09 Million | ▲ +269 days |
| 2004 | 104 days | $91.36 Million | $878.51K/day | $- | $- | ▼ -36 days |
| 2003 | 140 days | $117.36 Million | $840.06K/day | $- | $- | ▼ -48 days |
| 2002 | 188 days | $82.32 Million | $438.93K/day | $- | $- | ▼ -3 days |
| 2001 | 190 days | $62.81 Million | $329.79K/day | $- | $- | ▼ -25 days |
| 2000 | 216 days | $33.65 Million | $155.93K/day | $- | $- | ▲ +83 days |
| 1999 | 133 days | $15.90 Million | $119.73K/day | $- | $- | ▼ -49 days |
| 1998 | 182 days | $12.40 Million | $68.22K/day | $- | $- | ▼ -14 days |
| 1997 | 195 days | $12.20 Million | $62.47K/day | $- | $- | — |