Bitcoin Fund Unit (QBTC) — 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 net 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
Bitcoin Fund Unit Defensive Interval Ratio (2020–2023)
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. See QBTC net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Bitcoin Fund Unit (2020–2023)
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 live market cap and the full company financial profile, see how much is Bitcoin Fund Unit worth.
| 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 | — |