Eagle Bulk Shipping Inc (EGLE) — Defensive Interval Ratio
Eagle Bulk Shipping Inc (EGLE) has a Defensive Interval Ratio of 53 days as of December 2023. Defensive assets of $30.92 Million (cash $-, short-term investments $-, receivables $30.92 Million) cover 53 days of daily cash needs of $583.14K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Eagle Bulk Shipping Inc Defensive Interval Ratio (2005–2023)
This chart shows how Eagle Bulk Shipping Inc's Defensive Interval Ratio has evolved across 19 annual periods from 2005 to 2023. As of December 2023, the ratio stands at 53 days, meaning defensive assets of $30.92 Million can fund 53 days of operations without new revenue. For the complete balance sheet picture, see how large is Eagle Bulk Shipping Inc's balance sheet.
Annual Defensive Interval Ratio for Eagle Bulk Shipping Inc (2005–2023)
The table below presents the year-by-year Defensive Interval Ratio for Eagle Bulk Shipping Inc from 2005 to 2023, covering 19 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 Eagle Bulk Shipping Inc (EGLE) working capital 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) |
|---|---|---|---|---|---|---|
| 2023 | 53 days | $30.92 Million | $583.14K/day | $- | $- | ▼ -38 days |
| 2022 | 91 days | $32.31 Million | $353.33K/day | $- | $- | ▲ +7 days |
| 2021 | 84 days | $28.46 Million | $338.63K/day | $- | $- | ▲ +23 days |
| 2020 | 61 days | $13.84 Million | $225.87K/day | $- | $- | ▼ -10 days |
| 2019 | 71 days | $19.98 Million | $280.04K/day | $- | $- | ▼ -43 days |
| 2018 | 115 days | $19.79 Million | $172.58K/day | $- | $0.00 | ▼ -143 days |
| 2017 | 258 days | $21.75 Million | $84.45K/day | $- | $4.50 Million | ▲ +185 days |
| 2016 | 73 days | $5.09 Million | $70.07K/day | $- | $0.00 | ▲ +5 days |
| 2015 | 68 days | $7.08 Million | $103.87K/day | $- | $0.00 | ▼ -137 days |
| 2014 | 205 days | $23.03 Million | $112.33K/day | $- | $8.30 Million | ▲ +197 days |
| 2013 | 8 days | $25.01 Million | $3.27 Million/day | $- | $13.82 Million | ▼ -94 days |
| 2012 | 102 days | $9.50 Million | $93.12K/day | $- | $197.51K | ▲ +23 days |
| 2011 | 79 days | $14.95 Million | $189.37K/day | $- | $988.20K | ▼ -93 days |
| 2010 | 172 days | $14.37 Million | $83.60K/day | $- | $- | ▲ +69 days |
| 2009 | 103 days | $7.44 Million | $72.62K/day | $- | $- | ▲ +28 days |
| 2008 | 74 days | $4.36 Million | $58.64K/day | $- | $- | ▼ -46 days |
| 2007 | 121 days | $3.39 Million | $28.12K/day | $- | $- | ▲ +88 days |
| 2006 | 33 days | $616.21K | $18.85K/day | $- | $- | ▲ +17 days |
| 2005 | 16 days | $281.09K | $17.95K/day | $- | $- | — |