Bicycle Therapeutics plc (50BA) — Defensive Interval Ratio

Latest as of March 2025: 1 days

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. Check Bicycle Therapeutics plc tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

€136.00K
Cash + ST Investments + Receivables

Daily Cash Need

€157.87K
Current Liabilities ÷ 365

Current Liabilities

€57.62 Million
EUR

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. Also explore 50BA shareholders equity momentum to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see Bicycle Therapeutics plc market cap and net worth.

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 €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)