Franklin Universal Closed Fund Defensive Interval Ratio
Franklin Universal Closed Fund defensive interval ratio. Franklin Universal Closed Fund (FT) has a Defensive Interval Ratio of 4647 days as of August 2025. Defensive assets of $11.15 Million (cash $-, short-term investments $5.82 Million, receivables $5.33 Million) cover 4647 days of daily cash needs of $2.40K/day. See Franklin Universal Closed Fund current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Franklin Universal Closed Fund (2001–2025)
Defensive interval ratio of Franklin Universal Closed Fund from 2001 to 2025. This chart shows how Franklin Universal Closed Fund's Defensive Interval Ratio has evolved across 25 annual periods from 2001 to 2025. As of August 2025, the ratio stands at 4647 days, meaning defensive assets of $11.15 Million can fund 4647 days of operations without new revenue. Check asset resilience ratio of Franklin Universal Closed Fund to evaluate the company's liquid asset resilience ratio.
Franklin Universal Closed Fund Defensive Interval Ratio by Year (2001–2025)
Franklin Universal Closed Fund defensive interval ratio by year from 2001 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Franklin Universal Closed Fund from 2001 to 2025, covering 25 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 the complete balance sheet picture, see FT total asset value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 4647 days | $11.15 Million | $2.40K/day | $- | $5.82 Million | ▲ +1076 days |
| 2024 | 3571 days | $7.18 Million | $2.01K/day | $- | $4.05 Million | ▲ +322 days |
| 2023 | 3250 days | $10.45 Million | $3.22K/day | $- | $7.23 Million | ▼ -596 days |
| 2022 | 3846 days | $12.40 Million | $3.22K/day | $- | $9.53 Million | ▲ +2407 days |
| 2021 | 1439 days | $10.03 Million | $6.97K/day | $- | $6.73 Million | ▼ -124 days |
| 2020 | 1563 days | $9.36 Million | $5.99K/day | $- | $5.24 Million | ▼ -7 days |
| 2019 | 1570 days | $8.52 Million | $5.43K/day | $- | $4.76 Million | ▼ -4976 days |
| 2018 | 6546 days | $14.80 Million | $2.26K/day | $- | $11.45 Million | ▲ +4995 days |
| 2017 | 1551 days | $3.48 Million | $2.24K/day | $- | $0.00 | ▲ +342 days |
| 2016 | 1209 days | $3.38 Million | $2.79K/day | $- | $0.00 | ▲ +59 days |
| 2015 | 1150 days | $4.03 Million | $3.50K/day | $- | $0.00 | ▲ +32 days |
| 2014 | 1118 days | $3.93 Million | $3.51K/day | $- | $- | ▲ +966 days |
| 2013 | 153 days | $3.66 Million | $23.97K/day | $- | $- | ▼ -706 days |
| 2012 | 859 days | $4.00 Million | $4.66K/day | $- | $- | ▼ -76 days |
| 2011 | 935 days | $4.10 Million | $4.38K/day | $- | $- | ▼ -104 days |
| 2010 | 1039 days | $3.70 Million | $3.56K/day | $- | $- | ▲ +5 days |
| 2009 | 1034 days | $3.40 Million | $3.29K/day | $- | $- | ▼ -89 days |
| 2008 | 1123 days | $4.00 Million | $3.56K/day | $- | $- | ▲ +106 days |
| 2007 | 1017 days | $3.90 Million | $3.84K/day | $- | $- | ▲ +246 days |
| 2006 | 771 days | $3.80 Million | $4.93K/day | $- | $- | ▼ -81 days |
| 2005 | 852 days | $3.50 Million | $4.11K/day | $- | $- | ▼ -353 days |
| 2004 | 1205 days | $3.30 Million | $2.74K/day | $- | $- | ▲ +683 days |
| 2003 | 521 days | $3.00 Million | $5.75K/day | $- | $- | ▼ -6049 days |
| 2002 | 6570 days | $3.60 Million | $547.95/day | $- | $- | ▼ -2555 days |
| 2001 | 9125 days | $5.00 Million | $547.95/day | $- | $- | — |