Permianville Royalty Trust (PVL) — Defensive Interval Ratio

Latest as of June 2021: 3 days

Permianville Royalty Trust (PVL) has a Defensive Interval Ratio of 3 days as of June 2021. Defensive assets of $7.16K (cash $7.16K, short-term investments $-, receivables $-) cover 3 days of daily cash needs of $2.19K/day. See Permianville Royalty Trust (PVL) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

$7.16K
Cash + ST Investments + Receivables

Daily Cash Need

$2.19K
Current Liabilities ÷ 365

Current Liabilities

$797.74K
USD

Permianville Royalty Trust Defensive Interval Ratio (2010–2020)

This chart shows how Permianville Royalty Trust's Defensive Interval Ratio has evolved across 3 annual periods from 2010 to 2020. As of June 2021, the ratio stands at 3 days, meaning defensive assets of $7.16K can fund 3 days of operations without new revenue. See Permianville Royalty Trust balance sheet independence to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Permianville Royalty Trust (2010–2020)

The table below presents the year-by-year Defensive Interval Ratio for Permianville Royalty Trust from 2010 to 2020, covering 3 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 market cap of Permianville Royalty Trust.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2020 31 days $29.64K $955.67/day $29.64K $- ▼ -919 days
2019 951 days $90.67K $95.39/day $90.67K $- ▲ +829 days
2010 121 days $7.21 Million $59.40K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)