XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) — Defensive Interval Ratio
XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) has a Defensive Interval Ratio of 551 days as of March 2026. Defensive assets of $33.99 Million (cash $-, short-term investments $8.68 Million, receivables $25.31 Million) cover 551 days of daily cash needs of $61.70K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
XAI Octagon Floating Rate & Alternative Income Term Trust Defensive Interval Ratio (2017–2025)
This chart shows how XAI Octagon Floating Rate & Alternative Income Term Trust's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 551 days, meaning defensive assets of $33.99 Million can fund 551 days of operations without new revenue. For the complete balance sheet picture, see XFLT asset base.
Annual Defensive Interval Ratio for XAI Octagon Floating Rate & Alternative Income Term Trust (2017–2025)
The table below presents the year-by-year Defensive Interval Ratio for XAI Octagon Floating Rate & Alternative Income Term Trust from 2017 to 2025, 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. See how liquid is XAI Octagon Floating Rate & Alternative 's working capital to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 187 days | $13.21 Million | $70.51K/day | $- | $- | ▲ +53 days |
| 2024 | 134 days | $21.13 Million | $157.21K/day | $- | $- | ▼ -71 days |
| 2023 | 205 days | $20.91 Million | $101.78K/day | $- | $- | ▼ -116 days |
| 2022 | 321 days | $13.64 Million | $42.47K/day | $- | $- | ▲ +283 days |
| 2021 | 38 days | $3.82 Million | $99.31K/day | $- | $- | ▼ -108 days |
| 2020 | 146 days | $1.33 Million | $9.06K/day | $- | $- | ▼ -51 days |
| 2019 | 198 days | $7.09 Million | $35.86K/day | $- | $- | ▼ -62 days |
| 2018 | 260 days | $7.27 Million | $27.98K/day | $- | $- | ▲ +124 days |
| 2017 | 136 days | $8.57K | $63.24/day | $- | $- | — |