First Trust High Yield Opportunities 2027 Term Fund Defensive Interval Ratio
First Trust High Yield Opportunities 2027 Term Fund defensive interval ratio. First Trust High Yield Opportunities 2027 Term Fund (FTHY) has a Defensive Interval Ratio of 234 days as of May 2025. Defensive assets of $18.45 Million (cash $-, short-term investments $-, receivables $18.45 Million) cover 234 days of daily cash needs of $79.00K/day. See FTHY working capital efficiency 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 First Trust High Yield Opportunities 2027 Term Fund (2021–2025)
Defensive interval ratio of First Trust High Yield Opportunities 2027 Term Fund from 2021 to 2025. This chart shows how First Trust High Yield Opportunities 2027 Term Fund's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of May 2025, the ratio stands at 234 days, meaning defensive assets of $18.45 Million can fund 234 days of operations without new revenue. Read FTHY current and long-term liabilities for a breakdown of total debt and financial obligations.
First Trust High Yield Opportunities 2027 Term Fund Defensive Interval Ratio by Year (2021–2025)
First Trust High Yield Opportunities 2027 Term Fund defensive interval ratio by year from 2021 to 2025. The table below presents the year-by-year Defensive Interval Ratio for First Trust High Yield Opportunities 2027 Term Fund from 2021 to 2025, 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 the complete balance sheet picture, see how large is First Trust High Yield Opportunities 202's balance sheet.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 234 days | $18.45 Million | $79.00K/day | $- | $- | ▼ -525 days |
| 2024 | 758 days | $16.90 Million | $22.29K/day | $- | $- | ▲ +310 days |
| 2023 | 448 days | $12.25 Million | $27.32K/day | $- | $- | ▼ -1697 days |
| 2022 | 2146 days | $16.34 Million | $7.62K/day | $- | $- | ▲ +1838 days |
| 2021 | 308 days | $17.16 Million | $55.78K/day | $- | $- | — |