BNY Mellon Strategic Municipals Inc (LEO) — Defensive Interval Ratio

Latest as of September 2025: 677 days

BNY Mellon Strategic Municipals Inc (LEO) has a Defensive Interval Ratio of 677 days as of September 2025. Defensive assets of $8.70 Million (cash $-, short-term investments $-, receivables $8.70 Million) cover 677 days of daily cash needs of $12.85K/day. Check tangible net worth ratio of BNY Mellon Strategic Municipals Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

677 days
Days of operational coverage

Defensive Assets

$8.70 Million
Cash + ST Investments + Receivables

Daily Cash Need

$12.85K
Current Liabilities ÷ 365

Current Liabilities

$4.69 Million
USD

BNY Mellon Strategic Municipals Inc Defensive Interval Ratio (1989–2025)

This chart shows how BNY Mellon Strategic Municipals Inc's Defensive Interval Ratio has evolved across 37 annual periods from 1989 to 2025. As of September 2025, the ratio stands at 677 days, meaning defensive assets of $8.70 Million can fund 677 days of operations without new revenue. Also explore BNY Mellon Strategic Municipals Inc equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for BNY Mellon Strategic Municipals Inc (1989–2025)

The table below presents the year-by-year Defensive Interval Ratio for BNY Mellon Strategic Municipals Inc from 1989 to 2025, covering 37 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 BNY Mellon Strategic Municipals Inc market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 677 days $8.70 Million $12.85K/day $- $- ▲ +655 days
2024 22 days $8.77 Million $401.65K/day $- $- ▼ -327 days
2023 349 days $10.88 Million $31.20K/day $- $- ▼ -865 days
2022 1213 days $9.69 Million $7.99K/day $- $- ▼ -274 days
2021 1487 days $10.07 Million $6.77K/day $- $- ▼ -4811 days
2020 6299 days $11.01 Million $1.75K/day $- $- ▲ +3364 days
2019 2934 days $12.24 Million $4.17K/day $- $519.08K ▲ +766 days
2018 2168 days $12.81 Million $5.91K/day $- $-4.00 ▼ -1151 days
2017 3319 days $12.87 Million $3.88K/day $- $5.00 ▲ +3288 days
2016 31 days $12.46 Million $399.84K/day $- $- ▼ -1 days
2015 32 days $12.86 Million $402.85K/day $- $- ▲ +1 days
2014 31 days $12.73 Million $405.97K/day $- $- ▼ -2 days
2013 34 days $13.21 Million $394.11K/day $- $- ▼ -29 days
2012 62 days $13.20 Million $212.60K/day $- $- ▼ -5 days
2011 67 days $14.30 Million $213.42K/day $- $- ▼ -153 days
2010 220 days $31.40 Million $142.47K/day $- $- ▼ -10292 days
2009 10512 days $14.40 Million $1.37K/day $- $- ▲ +9603 days
2008 909 days $63.00 Million $69.32K/day $- $- ▲ +698 days
2007 211 days $22.40 Million $106.30K/day $- $- ▲ +68 days
2006 142 days $15.30 Million $107.40K/day $- $- ▼ -9043 days
2005 9186 days $15.10 Million $1.64K/day $- $- ▲ +7178 days
2004 2008 days $14.30 Million $7.12K/day $- $- ▼ -13615 days
2003 15622 days $21.40 Million $1.37K/day $- $- ▲ +14438 days
2002 1184 days $22.70 Million $19.18K/day $- $- ▼ -10934 days
2001 12118 days $16.60 Million $1.37K/day $- $- ▲ +11048 days
2000 1070 days $17.00 Million $15.89K/day $- $- ▼ -9241 days
1999 10311 days $11.30 Million $1.10K/day $- $- ▼ -2950 days
1998 13262 days $10.90 Million $821.92/day $- $- ▲ +11507 days
1997 1755 days $12.50 Million $7.12K/day $- $- ▼ -9743 days
1996 11498 days $12.60 Million $1.10K/day $- $- ▲ +9355 days
1995 2142 days $13.50 Million $6.30K/day $- $- ▼ -7494 days
1994 9636 days $13.20 Million $1.37K/day $- $- ▼ -5937 days
1993 15573 days $12.80 Million $821.92/day $- $- ▲ +1338 days
1992 14235 days $11.70 Million $821.92/day $- $- ▼ -1825 days
1991 16060 days $13.20 Million $821.92/day $- $- ▲ +487 days
1990 15573 days $12.80 Million $821.92/day $- $- ▲ +365 days
1989 15208 days $12.50 Million $821.92/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)