Royalty Pharma Plc (RPRX) — Defensive Interval Ratio
Royalty Pharma Plc (RPRX) has a Defensive Interval Ratio of 565 days as of March 2026. Defensive assets of $829.25 Million (cash $-, short-term investments $21.90 Million, receivables $807.36 Million) cover 565 days of daily cash needs of $1.47 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Royalty Pharma Plc Defensive Interval Ratio (2000–2025)
This chart shows how Royalty Pharma Plc's Defensive Interval Ratio has evolved across 16 annual periods from 2000 to 2025. As of March 2026, the ratio stands at 565 days, meaning defensive assets of $829.25 Million can fund 565 days of operations without new revenue. For the complete balance sheet picture, see Royalty Pharma Plc asset portfolio.
Annual Defensive Interval Ratio for Royalty Pharma Plc (2000–2025)
The table below presents the year-by-year Defensive Interval Ratio for Royalty Pharma Plc from 2000 to 2025, covering 16 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 RPRX working capital efficiency 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) |
|---|---|---|---|---|---|---|
| 2025 | 518 days | $902.50 Million | $1.74 Million/day | $- | $18.80 Million | ▲ +265 days |
| 2024 | 253 days | $868.93 Million | $3.43 Million/day | $- | $841.97 Million | ▼ -1509 days |
| 2023 | 1762 days | $779.14 Million | $442.13K/day | $- | $756.74 Million | ▲ +1526 days |
| 2022 | 236 days | $753.64 Million | $3.20 Million/day | $- | $717.04 Million | ▼ -2600 days |
| 2021 | 2836 days | $1.33 Billion | $469.18K/day | $- | $1.26 Billion | ▲ +1624 days |
| 2020 | 1212 days | $1.02 Billion | $843.53K/day | $- | $983.00 Million | ▲ +571 days |
| 2019 | 641 days | $585.78 Million | $913.47K/day | $- | $547.01 Million | ▲ +226 days |
| 2018 | 416 days | $660.45 Million | $1.59 Million/day | $- | $461.82 Million | ▼ -2073 days |
| 2007 | 2488 days | $24.12 Million | $9.70K/day | $- | $24.12 Million | ▲ +1984 days |
| 2006 | 504 days | $5.60 Million | $11.12K/day | $- | $5.60 Million | ▼ -6860 days |
| 2005 | 7364 days | $14.67 Million | $1.99K/day | $- | $14.67 Million | ▲ +4510 days |
| 2004 | 2853 days | $4.80 Million | $1.68K/day | $- | $4.80 Million | ▲ +1504 days |
| 2003 | 1349 days | $2.00 Million | $1.48K/day | $- | $2.00 Million | ▼ -10223 days |
| 2002 | 11572 days | $16.45 Million | $1.42K/day | $- | $16.45 Million | ▲ +9111 days |
| 2001 | 2462 days | $28.54 Million | $11.59K/day | $- | $28.54 Million | ▲ +704 days |
| 2000 | 1757 days | $24.42 Million | $13.89K/day | $- | $24.42 Million | — |