Net Lease Office Properties (NLOP) — Defensive Interval Ratio

Latest as of June 2024: 1 days

Net Lease Office Properties (NLOP) has a Defensive Interval Ratio of 1 days as of June 2024. Defensive assets of $130.00K (cash $-, short-term investments $130.00K, receivables $-) cover 1 days of daily cash needs of $173.61K/day. See Net Lease Office Properties (NLOP) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

$130.00K
Cash + ST Investments + Receivables

Daily Cash Need

$173.61K
Current Liabilities ÷ 365

Current Liabilities

$63.37 Million
USD

Net Lease Office Properties Defensive Interval Ratio (2020–2023)

This chart shows how Net Lease Office Properties's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of June 2024, the ratio stands at 1 days, meaning defensive assets of $130.00K can fund 1 days of operations without new revenue. See how leveraged is Net Lease Office Properties's balance sheet to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Net Lease Office Properties (2020–2023)

The table below presents the year-by-year Defensive Interval Ratio for Net Lease Office Properties from 2020 to 2023, covering 4 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 NLOP market cap.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 -247 days $-41.04 Million $165.99K/day $- $-51.56 Million ▼ -6601 days
2022 6354 days $786.49 Million $123.78K/day $- $771.76 Million ▲ +6211 days
2021 143 days $14.96 Million $104.90K/day $- $1.00K ▲ +48 days
2020 94 days $15.17 Million $160.96K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)