Triplepoint Venture Growth BDC Corp (TPVG) — Defensive Interval Ratio

Latest as of December 2022: 1980 days

Triplepoint Venture Growth BDC Corp (TPVG) has a Defensive Interval Ratio of 1980 days as of December 2022. Defensive assets of $949.28 Million (cash $-, short-term investments $949.28 Million, receivables $-) cover 1980 days of daily cash needs of $479.45K/day. Check how tangible is Triplepoint Venture Growth BDC Corp's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1980 days
Days of operational coverage

Defensive Assets

$949.28 Million
Cash + ST Investments + Receivables

Daily Cash Need

$479.45K
Current Liabilities ÷ 365

Current Liabilities

$175.00 Million
USD

Triplepoint Venture Growth BDC Corp Defensive Interval Ratio (2014–2022)

This chart shows how Triplepoint Venture Growth BDC Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2014 to 2022. As of December 2022, the ratio stands at 1980 days, meaning defensive assets of $949.28 Million can fund 1980 days of operations without new revenue. Also explore Triplepoint Venture Growth BDC Corp (TPVG) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Triplepoint Venture Growth BDC Corp (2014–2022)

The table below presents the year-by-year Defensive Interval Ratio for Triplepoint Venture Growth BDC Corp from 2014 to 2022, covering 7 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 Triplepoint Venture Growth BDC Corp (TPVG) market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 1980 days $949.28 Million $479.45K/day $- $949.28 Million ▼ -12073 days
2021 14053 days $865.34 Million $61.58K/day $- $865.34 Million ▲ +13921 days
2018 132 days $20.00 Million $151.32K/day $- $20.00 Million ▼ -95 days
2017 228 days $124.91 Million $548.72K/day $- $124.91 Million ▲ +161 days
2016 67 days $39.99 Million $598.24K/day $- $39.99 Million ▼ -202 days
2015 269 days $70.00 Million $259.91K/day $- $70.00 Million ▲ +166 days
2014 103 days $49.99 Million $484.93K/day $- $49.99 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)