DRI Healthcare Trust (DHT-U) — Defensive Interval Ratio

Latest as of June 2024: 219 days

DRI Healthcare Trust (DHT-U) has a Defensive Interval Ratio of 219 days as of June 2024. Defensive assets of $43.54 Million (cash $-, short-term investments $-, receivables $43.54 Million) cover 219 days of daily cash needs of $198.98K/day. Check how tangible is DRI Healthcare Trust's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

219 days
Days of operational coverage

Defensive Assets

$43.54 Million
Cash + ST Investments + Receivables

Daily Cash Need

$198.98K
Current Liabilities ÷ 365

Current Liabilities

$72.63 Million
USD

DRI Healthcare Trust Defensive Interval Ratio (2021–2023)

This chart shows how DRI Healthcare Trust's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of June 2024, the ratio stands at 219 days, meaning defensive assets of $43.54 Million can fund 219 days of operations without new revenue. Also explore DHT-U shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for DRI Healthcare Trust (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for DRI Healthcare Trust from 2021 to 2023, covering 3 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 DRI Healthcare Trust market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 964 days $64.08 Million $66.50K/day $- $- ▼ -2420 days
2022 3384 days $77.64 Million $22.95K/day $- $- ▲ +1159 days
2021 2225 days $79.75 Million $35.85K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)