Morgan Stanley Direct Lending Fund (MSDL) — Defensive Interval Ratio

Latest as of September 2025: 172 days

Morgan Stanley Direct Lending Fund (MSDL) has a Defensive Interval Ratio of 172 days as of September 2025. Defensive assets of $39.95 Million (cash $-, short-term investments $10.05 Million, receivables $29.89 Million) cover 172 days of daily cash needs of $232.17K/day. Check how tangible is Morgan Stanley Direct Lending Fund's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

172 days
Days of operational coverage

Defensive Assets

$39.95 Million
Cash + ST Investments + Receivables

Daily Cash Need

$232.17K
Current Liabilities ÷ 365

Current Liabilities

$84.74 Million
USD

Morgan Stanley Direct Lending Fund Defensive Interval Ratio (2020–2024)

This chart shows how Morgan Stanley Direct Lending Fund's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of September 2025, the ratio stands at 172 days, meaning defensive assets of $39.95 Million can fund 172 days of operations without new revenue. Also explore MSDL shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Morgan Stanley Direct Lending Fund (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for Morgan Stanley Direct Lending Fund from 2020 to 2024, 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 live market cap and the full company financial profile, see Morgan Stanley Direct Lending Fund market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 162 days $33.02 Million $204.45K/day $- $2.00 Million ▲ +7 days
2023 154 days $29.10 Million $188.49K/day $- $- ▼ -18 days
2022 172 days $23.66 Million $137.20K/day $- $- ▼ -48 days
2021 220 days $19.89 Million $90.33K/day $- $- ▲ +137 days
2020 83 days $2.36 Million $28.27K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)