PermRock Royalty Trust (PRT) — Defensive Interval Ratio

Latest as of December 2022: -735977 days

PermRock Royalty Trust (PRT) has a Defensive Interval Ratio of -735977 days as of December 2022. Defensive assets of $-1.98 Billion (cash $-, short-term investments $-1.98 Billion, receivables $0.00) cover -735977 days of daily cash needs of $2.69K/day. Check tangible net worth ratio of PermRock Royalty Trust to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

-735977 days
Days of operational coverage

Defensive Assets

$-1.98 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$2.69K
Current Liabilities ÷ 365

Current Liabilities

$981.94K
USD

PermRock Royalty Trust Defensive Interval Ratio (2016–2024)

This chart shows how PermRock Royalty Trust's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2022, the ratio stands at -735977 days, meaning defensive assets of $-1.98 Billion can fund -735977 days of operations without new revenue. Also explore PRT year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for PermRock Royalty Trust (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for PermRock Royalty Trust from 2016 to 2024, 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 PermRock Royalty Trust (PRT) total market value.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 -960190 days $-1.61 Billion $1.68K/day $- $-1.61 Billion ▲ +393659 days
2023 -1353849 days $-1.37 Billion $1.01K/day $- $-1.37 Billion ▼ -617871 days
2022 -735977 days $-1.98 Billion $2.69K/day $- $-1.98 Billion ▲ +56893 days
2021 -792870 days $-1.85 Billion $2.33K/day $1.85 Million $-1.85 Billion ▲ +1578634 days
2020 -2371505 days $-1.18 Billion $497.19/day $1.18 Million $-1.18 Billion ▼ -1652072 days
2019 -719432 days $-1.21 Billion $1.69K/day $1.22 Million $-1.21 Billion ▼ -719799 days
2018 366 days $1.40 Million $3.82K/day $1.39 Million $4.13K ▲ +366 days
2017 0 days $10.00 $21.91K/day $- $- ▼ -172 days
2016 172 days $3.88 Million $22.52K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)