Royce Micro Cap Closed Fund (RMT) — Defensive Interval Ratio

Latest as of June 2025: 273 days

Royce Micro Cap Closed Fund (RMT) has a Defensive Interval Ratio of 273 days as of June 2025. Defensive assets of $714.01K (cash $-, short-term investments $-, receivables $714.01K) cover 273 days of daily cash needs of $2.62K/day. Check Royce Micro Cap Closed Fund tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

273 days
Days of operational coverage

Defensive Assets

$714.01K
Cash + ST Investments + Receivables

Daily Cash Need

$2.62K
Current Liabilities ÷ 365

Current Liabilities

$954.51K
USD

Royce Micro Cap Closed Fund Defensive Interval Ratio (2012–2024)

This chart shows how Royce Micro Cap Closed Fund's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of June 2025, the ratio stands at 273 days, meaning defensive assets of $714.01K can fund 273 days of operations without new revenue. Also explore RMT net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Royce Micro Cap Closed Fund (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Royce Micro Cap Closed Fund 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 Royce Micro Cap Closed Fund market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 28 days $213.71K $7.56K/day $- $- ▼ -113 days
2023 141 days $1.26 Million $8.87K/day $- $- ▲ +32 days
2022 109 days $6.86 Million $62.66K/day $- $- ▼ -263 days
2021 372 days $765.37K $2.06K/day $- $- ▼ -285 days
2020 657 days $641.53K $976.21/day $- $- ▼ -153 days
2019 810 days $560.74K $692.35/day $- $- ▼ -9835 days
2018 10645 days $695.47K $65.33/day $- $0.00 ▲ +8964 days
2017 1681 days $1.67 Million $995.75/day $- $0.00 ▲ +1675 days
2016 6 days $697.40K $124.81K/day $- $0.00 ▼ -25 days
2015 31 days $3.91 Million $128.10K/day $- $0.00 ▼ -93 days
2014 123 days $20.66 Million $167.53K/day $- $- ▲ +34 days
2013 90 days $11.36 Million $126.55K/day $- $- ▲ +78 days
2012 12 days $1.46 Million $124.38K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)