XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) — Defensive Interval Ratio

Latest as of September 2025: 187 days

XAI Octagon Floating Rate & Alternative Income Term Trust (XFLT) has a Defensive Interval Ratio of 187 days as of September 2025. Defensive assets of $13.21 Million (cash $-, short-term investments $-, receivables $13.21 Million) cover 187 days of daily cash needs of $70.51K/day. See XFLT net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

187 days
Days of operational coverage

Defensive Assets

$13.21 Million
Cash + ST Investments + Receivables

Daily Cash Need

$70.51K
Current Liabilities ÷ 365

Current Liabilities

$25.74 Million
USD

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 September 2025, the ratio stands at 187 days, meaning defensive assets of $13.21 Million can fund 187 days of operations without new revenue. See XFLT equity to assets ratio to measure how much of total assets are equity-financed.

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. For live market cap and the full company financial profile, see XFLT market cap overview.

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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)