Blackrock Multi Sector Income Closed Fund (BIT) — Defensive Interval Ratio

Latest as of October 2024: 768 days

Blackrock Multi Sector Income Closed Fund (BIT) has a Defensive Interval Ratio of 768 days as of October 2024. Defensive assets of $26.65 Million (cash $-, short-term investments $5.20 Million, receivables $21.45 Million) cover 768 days of daily cash needs of $34.68K/day. See BIT net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

768 days
Days of operational coverage

Defensive Assets

$26.65 Million
Cash + ST Investments + Receivables

Daily Cash Need

$34.68K
Current Liabilities ÷ 365

Current Liabilities

$12.66 Million
USD

Blackrock Multi Sector Income Closed Fund Defensive Interval Ratio (2016–2025)

This chart shows how Blackrock Multi Sector Income Closed Fund's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of October 2024, the ratio stands at 768 days, meaning defensive assets of $26.65 Million can fund 768 days of operations without new revenue. See net asset quality index of Blackrock Multi Sector Income Closed Fun to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Blackrock Multi Sector Income Closed Fund (2016–2025)

The table below presents the year-by-year Defensive Interval Ratio for Blackrock Multi Sector Income Closed Fund from 2016 to 2025, covering 10 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 market value of Blackrock Multi Sector Income Closed Fun.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 23 days $21.07 Million $921.76K/day $- $5.03 Million ▼ -746 days
2024 768 days $26.65 Million $34.68K/day $- $5.20 Million ▲ +521 days
2023 247 days $31.91 Million $129.19K/day $- $5.68 Million ▼ -36 days
2022 283 days $43.19 Million $152.72K/day $- $11.78 Million ▼ -5 days
2021 287 days $53.94 Million $187.71K/day $- $36.21 Million ▼ -377 days
2020 664 days $30.28 Million $45.58K/day $- $17.58 Million ▼ -732 days
2019 1397 days $24.13 Million $17.27K/day $- $8.47 Million ▲ +1370 days
2018 27 days $31.83 Million $1.18 Million/day $- $2.07 Million ▲ +9 days
2017 18 days $24.36 Million $1.39 Million/day $- $347.23K ▼ -7 days
2016 24 days $30.90 Million $1.27 Million/day $- $6.32 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)