Plymouth Industrial REIT Inc (PLYM) — Defensive Interval Ratio

Latest as of June 2024: 108 days

Plymouth Industrial REIT Inc (PLYM) has a Defensive Interval Ratio of 108 days as of June 2024. Defensive assets of $25.33 Million (cash $-, short-term investments $25.33 Million, receivables $-) cover 108 days of daily cash needs of $234.44K/day. Check Plymouth Industrial REIT Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

108 days
Days of operational coverage

Defensive Assets

$25.33 Million
Cash + ST Investments + Receivables

Daily Cash Need

$234.44K
Current Liabilities ÷ 365

Current Liabilities

$85.57 Million
USD

Plymouth Industrial REIT Inc Defensive Interval Ratio (2012–2023)

This chart shows how Plymouth Industrial REIT Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2012 to 2023. As of June 2024, the ratio stands at 108 days, meaning defensive assets of $25.33 Million can fund 108 days of operations without new revenue. Also explore Plymouth Industrial REIT Inc (PLYM) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Plymouth Industrial REIT Inc (2012–2023)

The table below presents the year-by-year Defensive Interval Ratio for Plymouth Industrial REIT Inc from 2012 to 2023, 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 Plymouth Industrial REIT Inc market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 34 days $21.67 Million $628.23K/day $- $21.67 Million ▼ -39 days
2022 73 days $30.11 Million $411.10K/day $- $30.11 Million ▲ +38 days
2021 35 days $5.83 Million $166.61K/day $- $5.83 Million ▼ -96 days
2017 131 days $6.25 Million $47.59K/day $- $6.25 Million ▼ -477 days
2016 608 days $9.26 Million $15.23K/day $- $9.26 Million ▲ +586 days
2015 22 days $757.00K $33.83K/day $- $757.00K ▲ +21 days
2014 1 days $22.00K $15.90K/day $- $0.00 ▼ -20 days
2013 21 days $13.93K $658.06/day $- $0.00 ▲ +13 days
2012 8 days $9.43K $1.18K/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)