PermRock Royalty Trust (PRT) — Defensive Interval Ratio
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. For the complete balance sheet picture, see PRT asset base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. Check PRT cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
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.
| 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 | $- | $- | — |