Tri Continental Closed Fund (TY) — Defensive Interval Ratio

Latest as of June 2025: 3969 days

Tri Continental Closed Fund (TY) has a Defensive Interval Ratio of 3969 days as of June 2025. Defensive assets of $15.45 Million (cash $-, short-term investments $-, receivables $15.45 Million) cover 3969 days of daily cash needs of $3.89K/day. Check Tri Continental Closed Fund (TY) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

3969 days
Days of operational coverage

Defensive Assets

$15.45 Million
Cash + ST Investments + Receivables

Daily Cash Need

$3.89K
Current Liabilities ÷ 365

Current Liabilities

$1.42 Million
USD

Tri Continental Closed Fund Defensive Interval Ratio (1996–2024)

This chart shows how Tri Continental Closed Fund's Defensive Interval Ratio has evolved across 29 annual periods from 1996 to 2024. As of June 2025, the ratio stands at 3969 days, meaning defensive assets of $15.45 Million can fund 3969 days of operations without new revenue. Also explore Tri Continental Closed Fund (TY) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Tri Continental Closed Fund (1996–2024)

The table below presents the year-by-year Defensive Interval Ratio for Tri Continental Closed Fund from 1996 to 2024, covering 29 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 Tri Continental Closed Fund market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 1044 days $10.74 Million $10.29K/day $- $- ▼ -582 days
2023 1627 days $17.84 Million $10.97K/day $- $- ▼ -1379 days
2022 3005 days $9.75 Million $3.24K/day $- $- ▲ +1572 days
2021 1433 days $8.32 Million $5.81K/day $- $- ▼ -1851 days
2020 3284 days $9.81 Million $2.99K/day $- $- ▲ +1796 days
2019 1487 days $8.90 Million $5.99K/day $- $- ▲ +334 days
2018 1153 days $12.82 Million $11.12K/day $- $0.00 ▼ -6445 days
2017 7599 days $9.79 Million $1.29K/day $- $0.00 ▲ +6970 days
2016 628 days $22.52 Million $35.83K/day $- $0.00 ▼ -305 days
2015 934 days $13.09 Million $14.02K/day $- $0.00 ▲ +239 days
2014 695 days $15.96 Million $22.96K/day $- $0.00 ▼ -322 days
2013 1017 days $16.09 Million $15.82K/day $- $- ▲ +570 days
2012 447 days $6.00 Million $13.42K/day $- $- ▲ +429 days
2011 18 days $4.90 Million $272.33K/day $- $- ▲ +13 days
2010 5 days $1.10 Million $226.85K/day $- $- ▲ +3 days
2009 2 days $1.20 Million $531.51K/day $- $- ▼ -11766 days
2008 11768 days $87.05 Million $7.40K/day $- $2.11 Million ▲ +10057 days
2007 1711 days $283.18 Million $165.48K/day $- $193.06 Million ▼ -27988 days
2006 29700 days $284.79 Million $9.59K/day $- $280.93 Million ▲ +29266 days
2005 434 days $15.33 Million $35.34K/day $- $- ▲ +279 days
2004 155 days $9.00 Million $58.08K/day $- $- ▼ -252 days
2003 407 days $2.90 Million $7.12K/day $- $- ▼ -59 days
2002 466 days $3.70 Million $7.95K/day $- $- ▲ +20 days
2001 446 days $4.40 Million $9.86K/day $- $- ▲ +403 days
2000 43 days $4.80 Million $110.41K/day $- $- ▼ -572 days
1999 615 days $5.90 Million $9.59K/day $- $- ▼ -3035 days
1998 3650 days $9.00 Million $2.47K/day $- $- ▲ +3508 days
1997 142 days $12.50 Million $88.22K/day $- $- ▼ -5406 days
1996 5548 days $7.60 Million $1.37K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)