BlackRock TCP Capital Corp (TCPC) — Defensive Interval Ratio
BlackRock TCP Capital Corp (TCPC) has a Defensive Interval Ratio of 473 days as of June 2026. Defensive assets of $23.61 Million (cash $-, short-term investments $-, receivables $23.61 Million) cover 473 days of daily cash needs of $49.86K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
BlackRock TCP Capital Corp Defensive Interval Ratio (2011–2025)
This chart shows how BlackRock TCP Capital Corp's Defensive Interval Ratio has evolved across 15 annual periods from 2011 to 2025. As of June 2026, the ratio stands at 473 days, meaning defensive assets of $23.61 Million can fund 473 days of operations without new revenue. For the complete balance sheet picture, see TCPC total assets.
Annual Defensive Interval Ratio for BlackRock TCP Capital Corp (2011–2025)
The table below presents the year-by-year Defensive Interval Ratio for BlackRock TCP Capital Corp from 2011 to 2025, covering 15 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 BlackRock TCP Capital Corp (TCPC) liquidity to equity ratio 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 | 24 days | $21.50 Million | $890.50K/day | $- | $- | ▼ -1196 days |
| 2024 | 1220 days | $28.09 Million | $23.03K/day | $- | $- | ▲ +859 days |
| 2023 | 361 days | $25.65 Million | $71.15K/day | $- | $- | ▼ -36528 days |
| 2022 | 36889 days | $1.42 Billion | $38.59K/day | $- | $1.40 Billion | ▲ +21642 days |
| 2021 | 15247 days | $1.66 Billion | $109.20K/day | $- | $1.64 Billion | ▲ +15113 days |
| 2020 | 134 days | $15.85 Million | $118.25K/day | $- | $- | ▼ -160 days |
| 2019 | 294 days | $19.22 Million | $65.46K/day | $- | $- | ▼ -392 days |
| 2018 | 686 days | $21.70 Million | $31.63K/day | $- | $- | ▲ +388 days |
| 2017 | 298 days | $19.80 Million | $66.43K/day | $- | $- | ▲ +10 days |
| 2016 | 288 days | $13.69 Million | $47.57K/day | $- | $- | ▲ +38 days |
| 2015 | 250 days | $6.38 Million | $25.58K/day | $- | $-3.23 Million | ▼ -852 days |
| 2014 | 1102 days | $20.47 Million | $18.58K/day | $- | $497.00 | ▲ +895 days |
| 2013 | 207 days | $10.36 Million | $50.07K/day | $- | $14.14K | ▲ +27 days |
| 2012 | 180 days | $12.12 Million | $67.45K/day | $- | $-179.36K | ▼ -2737 days |
| 2011 | 2917 days | $10.59 Million | $3.63K/day | $- | $- | — |