Bicycle Therapeutics plc (50BA) — Defensive Interval Ratio
Bicycle Therapeutics plc (50BA) has a Defensive Interval Ratio of 1 days as of March 2025. Defensive assets of €136.00K (cash €-, short-term investments €-, receivables €136.00K) cover 1 days of daily cash needs of €157.87K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Bicycle Therapeutics plc Defensive Interval Ratio (2018–2023)
This chart shows how Bicycle Therapeutics plc's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of March 2025, the ratio stands at 1 days, meaning defensive assets of €136.00K can fund 1 days of operations without new revenue. For the complete balance sheet picture, see 50BA total assets.
Annual Defensive Interval Ratio for Bicycle Therapeutics plc (2018–2023)
The table below presents the year-by-year Defensive Interval Ratio for Bicycle Therapeutics plc from 2018 to 2023, covering 6 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of Bicycle Therapeutics plc to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 0 days | €0.00 | €190.51K/day | €- | €- | ▼ -14 days |
| 2022 | 14 days | €2.04 Million | €146.14K/day | €- | €- | ▲ +4 days |
| 2021 | 10 days | €1.00 Million | €99.28K/day | €- | €- | ▼ -76 days |
| 2020 | 86 days | €5.46 Million | €63.37K/day | €- | €- | ▼ -210 days |
| 2019 | 296 days | €7.14 Million | €24.17K/day | €- | €- | ▼ -167 days |
| 2018 | 462 days | €11.31 Million | €24.46K/day | €- | €- | — |