Principal Real Estate Income Closed Fund (PGZ) — Defensive Interval Ratio

Latest as of October 2024: 478 days

Principal Real Estate Income Closed Fund (PGZ) has a Defensive Interval Ratio of 478 days as of October 2024. Defensive assets of $3.24 Million (cash $-, short-term investments $2.70 Million, receivables $543.49K) cover 478 days of daily cash needs of $6.78K/day. Check PGZ tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

478 days
Days of operational coverage

Defensive Assets

$3.24 Million
Cash + ST Investments + Receivables

Daily Cash Need

$6.78K
Current Liabilities ÷ 365

Current Liabilities

$2.48 Million
USD

Principal Real Estate Income Closed Fund Defensive Interval Ratio (2017–2025)

This chart shows how Principal Real Estate Income Closed Fund's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of October 2024, the ratio stands at 478 days, meaning defensive assets of $3.24 Million can fund 478 days of operations without new revenue. Also explore Principal Real Estate Income Closed Fund (PGZ) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Principal Real Estate Income Closed Fund (2017–2025)

The table below presents the year-by-year Defensive Interval Ratio for Principal Real Estate Income Closed Fund from 2017 to 2025, covering 9 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 PGZ stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 54 days $5.03 Million $92.78K/day $- $4.33 Million ▼ -424 days
2024 478 days $3.24 Million $6.78K/day $- $2.70 Million ▼ -2699 days
2023 3177 days $4.07 Million $1.28K/day $- $3.14 Million ▲ +2079 days
2022 1098 days $9.42 Million $8.58K/day $- $3.65 Million ▼ -1029 days
2021 2127 days $2.23 Million $1.05K/day $- $1.53 Million ▲ +1588 days
2020 539 days $3.13 Million $5.80K/day $- $2.40 Million ▼ -5164 days
2019 5703 days $2.78 Million $487.72/day $- $1.99 Million ▲ +1447 days
2018 4256 days $1.02 Million $239.08/day $- $- ▲ +3481 days
2017 775 days $1.25 Million $1.61K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)