EveryCalc

Finance category

Mortgage, loan, investing, tax, and money calculators.

Browse finance

Portfolio Liquidity Runway Calculator

Liquidity runway governs portfolio resilience in downturns.

$
$
$
$

Runway months

18.8

Total liquidity

$7,890,000

Gap to floor (if any)

$0

How the math works

Total liquidity = cash + 85% LOC + 70% marketable. Runway = liquidity / burn.

$4.5M + $2.55M + $840k = $7.89M / $420k burn = 18.8 months runway. Above target 6-month floor — healthy position.

How to Use

  1. Enter cash on hand.
  2. Enter undrawn line of credit.
  3. Enter marketable reserves.
  4. Enter net monthly burn.
  5. Enter target runway floor.
  6. Read total runway months.

Frequently Asked Questions

Why runway matters?

Downturns, refi shocks, loss events, or tenant defaults create unexpected cash needs. Runway is months of cushion before distress. Institutional investors target 6-12 months liquidity reserve; distressed operators run 1-3 months — one event from trouble.

What counts as liquidity?

Cash (checking, money market): 100% weight. Undrawn revolver: 80-90% (availability risk). Marketable securities: 50-80% (mark-to-market risk). Properties held for sale: not liquid — exclude. Preferred equity or private fund capital: generally not liquid for time-sensitive cash.

Typical burn drivers?

Debt service above NOI (loan distress). Vacancy spike reducing NOI. Capital events (roof, elevators). Tax/insurance true-ups. Lease-up carry on new acquisition. Calendar all forecasted spend to see where burn spikes.

Related Calculators

More Finance Calculators

Browse all finance

Keep exploring

Next steps in Finance

View finance hub →