Bitcoin Fund Unit Defensive Interval Ratio
Bitcoin Fund Unit defensive interval ratio. Bitcoin Fund Unit (QBTC) has a Defensive Interval Ratio of 204828 days as of June 2024. Defensive assets of CA$447.40 Million (cash CA$-, short-term investments CA$447.40 Million, receivables CA$-) cover 204828 days of daily cash needs of CA$2.18K/day. See QBTC working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Bitcoin Fund Unit (2020–2023)
Defensive interval ratio of Bitcoin Fund Unit from 2020 to 2023. This chart shows how Bitcoin Fund Unit's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of June 2024, the ratio stands at 204828 days, meaning defensive assets of CA$447.40 Million can fund 204828 days of operations without new revenue. Check Bitcoin Fund Unit liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Bitcoin Fund Unit Defensive Interval Ratio by Year (2020–2023)
Bitcoin Fund Unit defensive interval ratio by year from 2020 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Bitcoin Fund Unit from 2020 to 2023, covering 4 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 the complete balance sheet picture, see balance sheet size of Bitcoin Fund Unit.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 231489 days | CA$373.13 Million | CA$1.61K/day | CA$- | CA$373.13 Million | ▲ +30702 days |
| 2022 | 200787 days | CA$189.22 Million | CA$942.38/day | CA$- | CA$189.22 Million | ▲ +16671 days |
| 2021 | 184116 days | CA$742.63 Million | CA$4.03K/day | CA$- | CA$742.63 Million | ▲ +164532 days |
| 2020 | 19585 days | CA$683.58 Million | CA$34.90K/day | CA$- | CA$683.58 Million | — |