Pioneer Floating Rate Trust (PHD) — Defensive Interval Ratio

Latest as of May 2025: 202 days

Pioneer Floating Rate Trust (PHD) has a Defensive Interval Ratio of 202 days as of May 2025. Defensive assets of $3.62 Million (cash $-, short-term investments $-, receivables $3.62 Million) cover 202 days of daily cash needs of $17.93K/day. Check PHD tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

202 days
Days of operational coverage

Defensive Assets

$3.62 Million
Cash + ST Investments + Receivables

Daily Cash Need

$17.93K
Current Liabilities ÷ 365

Current Liabilities

$6.55 Million
USD

Pioneer Floating Rate Trust Defensive Interval Ratio (2012–2024)

This chart shows how Pioneer Floating Rate Trust's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of May 2025, the ratio stands at 202 days, meaning defensive assets of $3.62 Million can fund 202 days of operations without new revenue. Also explore Pioneer Floating Rate Trust (PHD) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Pioneer Floating Rate Trust (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Pioneer Floating Rate Trust from 2012 to 2024, covering 13 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 how much is Pioneer Floating Rate Trust worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 24 days $4.63 Million $194.62K/day $- $- ▼ -2 days
2023 26 days $4.67 Million $179.94K/day $- $- ▼ -280 days
2022 306 days $2.95 Million $9.64K/day $- $- ▲ +98 days
2021 208 days $4.82 Million $23.14K/day $- $- ▼ -1849 days
2020 2057 days $36.19 Million $17.60K/day $- $- ▲ +1985 days
2019 72 days $5.51 Million $77.00K/day $- $- ▼ -23 days
2018 95 days $2.46 Million $25.86K/day $- $0.00 ▲ +12 days
2017 83 days $3.58 Million $43.32K/day $- $0.00 ▲ +73 days
2016 10 days $4.81 Million $471.25K/day $- $0.00 ▼ -15 days
2015 25 days $11.40 Million $448.33K/day $- $0.00 ▲ +5 days
2014 20 days $9.91 Million $484.30K/day $- $- ▼ -423 days
2013 443 days $5.50 Million $12.42K/day $- $- ▼ -48 days
2012 491 days $19.41 Million $39.54K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)