General American Investors Closed Fund (GAM) — Defensive Interval Ratio
General American Investors Closed Fund (GAM) has a Defensive Interval Ratio of 2223 days as of June 2025. Defensive assets of $1.67 Million (cash $-, short-term investments $-, receivables $1.67 Million) cover 2223 days of daily cash needs of $753.17/day. See working capital position of General American Investors Closed Fund to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
General American Investors Closed Fund Defensive Interval Ratio (2012–2024)
This chart shows how General American Investors Closed Fund's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at 2223 days, meaning defensive assets of $1.67 Million can fund 2223 days of operations without new revenue. See GAM net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for General American Investors Closed Fund (2012–2024)
The table below presents the year-by-year Defensive Interval Ratio for General American Investors Closed Fund from 2012 to 2024, covering 13 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 General American Investors Closed Fund (GAM) market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 11540 days | $11.69 Million | $1.01K/day | $- | $- | ▲ +9986 days |
| 2023 | 1554 days | $6.83 Million | $4.40K/day | $- | $1.01 Million | ▲ +530 days |
| 2022 | 1024 days | $5.17 Million | $5.05K/day | $- | $1.34 Million | ▲ +815 days |
| 2021 | 209 days | $1.65 Million | $7.87K/day | $- | $- | ▲ +158 days |
| 2020 | 51 days | $1.13 Million | $21.94K/day | $- | $- | ▼ -1059 days |
| 2019 | 1111 days | $5.24 Million | $4.72K/day | $- | $- | ▲ +250 days |
| 2018 | 861 days | $5.10 Million | $5.92K/day | $- | $- | ▼ -110 days |
| 2017 | 971 days | $8.80 Million | $9.06K/day | $- | $- | ▲ +170 days |
| 2016 | 801 days | $6.15 Million | $7.68K/day | $- | $- | ▲ +744 days |
| 2015 | 57 days | $2.20 Million | $38.81K/day | $- | $- | ▼ -169 days |
| 2014 | 226 days | $6.74 Million | $29.89K/day | $- | $- | ▲ +148 days |
| 2013 | 78 days | $1.48 Million | $18.96K/day | $- | $- | ▲ +52 days |
| 2012 | 26 days | $1.59 Million | $61.69K/day | $- | $- | — |