MFS Investment Grade Municipal Trust (CXH) — Defensive Interval Ratio

Latest as of November 2025: 1106 days

MFS Investment Grade Municipal Trust (CXH) has a Defensive Interval Ratio of 1106 days as of November 2025. Defensive assets of $2.40 Million (cash $-, short-term investments $-, receivables $2.40 Million) cover 1106 days of daily cash needs of $2.17K/day. Check CXH tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1106 days
Days of operational coverage

Defensive Assets

$2.40 Million
Cash + ST Investments + Receivables

Daily Cash Need

$2.17K
Current Liabilities ÷ 365

Current Liabilities

$792.25K
USD

MFS Investment Grade Municipal Trust Defensive Interval Ratio (2012–2025)

This chart shows how MFS Investment Grade Municipal Trust's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of November 2025, the ratio stands at 1106 days, meaning defensive assets of $2.40 Million can fund 1106 days of operations without new revenue. Also explore CXH net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for MFS Investment Grade Municipal Trust (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for MFS Investment Grade Municipal Trust from 2012 to 2025, covering 14 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 MFS Investment Grade Municipal Trust (CXH) market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 1106 days $2.40 Million $2.17K/day $- $- ▲ +359 days
2024 747 days $1.75 Million $2.34K/day $- $- ▲ +371 days
2023 376 days $1.68 Million $4.46K/day $- $- ▼ -436 days
2022 812 days $1.78 Million $2.19K/day $- $- ▲ +477 days
2021 336 days $4.77 Million $14.20K/day $- $- ▼ -218 days
2020 554 days $1.97 Million $3.55K/day $- $- ▼ -3074 days
2019 3628 days $2.73 Million $753.62/day $- $- ▲ +2400 days
2018 1228 days $2.81 Million $2.29K/day $- $- ▲ +429 days
2017 799 days $2.87 Million $3.59K/day $- $- ▼ -3622 days
2016 4422 days $2.84 Million $641.66/day $- $- ▼ -1634 days
2015 6056 days $3.94 Million $649.79/day $- $- ▲ +5318 days
2014 738 days $2.69 Million $3.64K/day $- $- ▼ -1190 days
2013 1928 days $3.25 Million $1.68K/day $- $- ▲ +1445 days
2012 482 days $3.58 Million $7.43K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)