Blackrock Innovation & Growth Trust (BIGZ) — Defensive Interval Ratio

Latest as of June 2023: 9 days

Blackrock Innovation & Growth Trust (BIGZ) has a Defensive Interval Ratio of 9 days as of June 2023. Defensive assets of $352.62K (cash $-, short-term investments $-, receivables $352.62K) cover 9 days of daily cash needs of $37.94K/day. See working capital position of Blackrock Innovation & Growth Trust to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

9 days
Days of operational coverage

Defensive Assets

$352.62K
Cash + ST Investments + Receivables

Daily Cash Need

$37.94K
Current Liabilities ÷ 365

Current Liabilities

$13.85 Million
USD

Blackrock Innovation & Growth Trust Defensive Interval Ratio (2021–2022)

This chart shows how Blackrock Innovation & Growth Trust's Defensive Interval Ratio has evolved across 2 annual periods from 2021 to 2022. As of June 2023, the ratio stands at 9 days, meaning defensive assets of $352.62K can fund 9 days of operations without new revenue. See Blackrock Innovation & Growth Trust (BIGZ) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Blackrock Innovation & Growth Trust (2021–2022)

The table below presents the year-by-year Defensive Interval Ratio for Blackrock Innovation & Growth Trust from 2021 to 2022, covering 2 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 how much is Blackrock Innovation & Growth Trust worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 86 days $4.18 Million $48.54K/day $- $- ▼ -455 days
2021 541 days $6.39 Million $11.82K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)