Fidelis Insurance Holdings Limited (FIHL) — Defensive Interval Ratio

Latest as of June 2024: 896 days

Fidelis Insurance Holdings Limited (FIHL) has a Defensive Interval Ratio of 896 days as of June 2024. Defensive assets of $8.09 Billion (cash $-, short-term investments $3.50 Billion, receivables $4.60 Billion) cover 896 days of daily cash needs of $9.03 Million/day. Check Fidelis Insurance Holdings Limited (FIHL) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

896 days
Days of operational coverage

Defensive Assets

$8.09 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$9.03 Million
Current Liabilities ÷ 365

Current Liabilities

$3.30 Billion
USD

Fidelis Insurance Holdings Limited Defensive Interval Ratio (2020–2024)

This chart shows how Fidelis Insurance Holdings Limited's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2024, the ratio stands at 896 days, meaning defensive assets of $8.09 Billion can fund 896 days of operations without new revenue. Also explore Fidelis Insurance Holdings Limited net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Fidelis Insurance Holdings Limited (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for Fidelis Insurance Holdings Limited from 2020 to 2024, covering 5 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 Fidelis Insurance Holdings Limited worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 464 days $4.84 Billion $10.43 Million/day $- $369.70 Million ▼ -145 days
2023 609 days $4.28 Billion $7.03 Million/day $- $604.90 Million ▼ -1223 days
2022 1832 days $5.31 Billion $2.90 Million/day $- $2.31 Billion ▼ -135 days
2021 1968 days $5.11 Billion $2.60 Million/day $- $2.50 Billion ▼ -286 days
2020 2254 days $3.14 Billion $1.39 Million/day $- $1.55 Billion
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)