Verona Pharma plc (I9SA) — Defensive Interval Ratio

Latest as of June 2025: 590 days

Verona Pharma plc (I9SA) has a Defensive Interval Ratio of 590 days as of June 2025. Defensive assets of €82.86 Million (cash €-, short-term investments €-, receivables €82.86 Million) cover 590 days of daily cash needs of €140.38K/day. Check Verona Pharma plc tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

590 days
Days of operational coverage

Defensive Assets

€82.86 Million
Cash + ST Investments + Receivables

Daily Cash Need

€140.38K
Current Liabilities ÷ 365

Current Liabilities

€51.24 Million
EUR

Verona Pharma plc Defensive Interval Ratio (2016–2024)

This chart shows how Verona Pharma plc's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of June 2025, the ratio stands at 590 days, meaning defensive assets of €82.86 Million can fund 590 days of operations without new revenue. Also explore I9SA net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Verona Pharma plc (2016–2024)

The table below presents the year-by-year Defensive Interval Ratio for Verona Pharma plc from 2016 to 2024, covering 9 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 Verona Pharma plc market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 269 days €31.50 Million €116.93K/day €- €- ▲ +269 days
2023 0 days €0.00 €23.81K/day €- €- ▼ -178 days
2022 178 days €9.28 Million €52.13K/day €- €- ▲ +8 days
2021 170 days €15.58 Million €91.57K/day €- €- ▼ -42 days
2020 212 days €8.26 Million €38.91K/day €- €- ▼ -358 days
2019 571 days €20.07 Million €35.18K/day €- €10.26 Million ▼ -1664 days
2018 2235 days €62.60 Million €28.01K/day €- €57.00 Million ▼ -808 days
2017 3042 days €71.65 Million €23.55K/day €- €65.97 Million ▲ +3004 days
2016 38 days €1.14 Million €29.79K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)