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. Check Eagle Bulk Shipping Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. Also explore EGLE shareholders equity momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and the full company financial profile, see Eagle Bulk Shipping Inc market cap and net worth.
| 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 | $- | $- | — |