Central Securities Corporation (CET) — Defensive Interval Ratio

Latest as of June 2023: 37871 days

Central Securities Corporation (CET) has a Defensive Interval Ratio of 37871 days as of June 2023. Defensive assets of $114.13 Million (cash $-, short-term investments $113.37 Million, receivables $760.57K) cover 37871 days of daily cash needs of $3.01K/day. Check Central Securities Corporation tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

37871 days
Days of operational coverage

Defensive Assets

$114.13 Million
Cash + ST Investments + Receivables

Daily Cash Need

$3.01K
Current Liabilities ÷ 365

Current Liabilities

$1.10 Million
USD

Central Securities Corporation Defensive Interval Ratio (1996–2022)

This chart shows how Central Securities Corporation's Defensive Interval Ratio has evolved across 20 annual periods from 1996 to 2022. As of June 2023, the ratio stands at 37871 days, meaning defensive assets of $114.13 Million can fund 37871 days of operations without new revenue. Also explore CET shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Central Securities Corporation (1996–2022)

The table below presents the year-by-year Defensive Interval Ratio for Central Securities Corporation from 1996 to 2022, covering 20 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 CET market cap.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 94184 days $88.04 Million $934.81/day $- $87.13 Million ▲ +83177 days
2021 11007 days $17.03 Million $1.55K/day $- $16.33 Million ▼ -8223 days
2020 19230 days $28.58 Million $1.49K/day $- $27.94 Million ▼ -24631 days
2019 43861 days $66.50 Million $1.52K/day $- $66.08 Million ▼ -112718 days
2018 156579 days $51.02 Million $325.82/day $- $50.61 Million ▲ +136137 days
2017 20442 days $55.45 Million $2.71K/day $- $54.98 Million ▼ -90496 days
2016 110938 days $45.59 Million $410.96/day $- $44.99 Million ▼ -39075 days
2015 150013 days $55.49 Million $369.89/day $- $54.98 Million ▲ +149257 days
2014 756 days $393.46K $520.53/day $- $- ▲ +727 days
2012 29 days $383.74K $13.17K/day $- $- ▼ -701 days
2009 730 days $200.00K $273.97/day $- $- ▼ -2012 days
2008 2742 days $23.29 Million $8.49K/day $- $23.19 Million ▲ +2377 days
2005 365 days $100.00K $273.97/day $- $- ▲ +343 days
2003 22 days $200.00K $9.19K/day $- $- ▲ +1 days
2002 21 days $200.00K $9.62K/day $- $- ▼ -3 days
2001 23 days $200.00K $8.53K/day $- $- ▼ -81 days
2000 104 days $200.00K $1.92K/day $- $- ▲ +0 days
1998 104 days $200.00K $1.92K/day $- $- ▼ -42 days
1997 146 days $200.00K $1.37K/day $- $- ▼ -219 days
1996 365 days $200.00K $547.95/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)