BlackRock TCP Capital Corp (TCPC) — Defensive Interval Ratio

Latest as of March 2026: 424 days

BlackRock TCP Capital Corp (TCPC) has a Defensive Interval Ratio of 424 days as of March 2026. Defensive assets of $21.13 Million (cash $-, short-term investments $-, receivables $21.13 Million) cover 424 days of daily cash needs of $49.86K/day. Check tangible equity quality of BlackRock TCP Capital Corp to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

424 days
Days of operational coverage

Defensive Assets

$21.13 Million
Cash + ST Investments + Receivables

Daily Cash Need

$49.86K
Current Liabilities ÷ 365

Current Liabilities

$18.20 Million
USD

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 March 2026, the ratio stands at 424 days, meaning defensive assets of $21.13 Million can fund 424 days of operations without new revenue. Also explore TCPC year-over-year net asset growth to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see TCPC company net worth.

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