Angel Oak Financial Strategies Income Term Trust (FINS) — Defensive Interval Ratio

Latest as of January 2025: 645351 days

Angel Oak Financial Strategies Income Term Trust (FINS) has a Defensive Interval Ratio of 645351 days as of January 2025. Defensive assets of $9.52 Million (cash $-, short-term investments $-, receivables $9.52 Million) cover 645351 days of daily cash needs of $14.75/day.

Defensive Interval Ratio

645351 days
Days of operational coverage

Defensive Assets

$9.52 Million
Cash + ST Investments + Receivables

Daily Cash Need

$14.75
Current Liabilities ÷ 365

Current Liabilities

$5.38K
USD

Angel Oak Financial Strategies Income Term Trust Defensive Interval Ratio (2020–2025)

This chart shows how Angel Oak Financial Strategies Income Term Trust's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of January 2025, the ratio stands at 645351 days, meaning defensive assets of $9.52 Million can fund 645351 days of operations without new revenue. For the complete balance sheet picture, see Angel Oak Financial Strategies Income Te asset portfolio.

Annual Defensive Interval Ratio for Angel Oak Financial Strategies Income Term Trust (2020–2025)

The table below presents the year-by-year Defensive Interval Ratio for Angel Oak Financial Strategies Income Term Trust from 2020 to 2025, covering 6 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 FINS net 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)
2025 645351 days $9.52 Million $14.75/day $- $- ▲ +645314 days
2024 37 days $5.68 Million $155.35K/day $- $- ▲ +856 days
2023 -819 days $-157.40 Million $192.08K/day $- $-162.92 Million ▼ -266 days
2022 -554 days $-83.97 Million $151.68K/day $- $-93.47 Million ▲ +414287 days
2021 -414841 days $-211.17 Million $509.05/day $- $-219.68 Million ▼ -422116 days
2020 7275 days $3.15 Million $433.64/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)