Mereo BioPharma Group plc (MAH0) — Defensive Interval Ratio

Latest as of June 2023: 225 days

Mereo BioPharma Group plc (MAH0) has a Defensive Interval Ratio of 225 days as of June 2023. Defensive assets of €10.74 Million (cash €-, short-term investments €-, receivables €10.74 Million) cover 225 days of daily cash needs of €47.83K/day. Check MAH0 intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

225 days
Days of operational coverage

Defensive Assets

€10.74 Million
Cash + ST Investments + Receivables

Daily Cash Need

€47.83K
Current Liabilities ÷ 365

Current Liabilities

€17.46 Million
EUR

Mereo BioPharma Group plc Defensive Interval Ratio (2016–2021)

This chart shows how Mereo BioPharma Group plc's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of June 2023, the ratio stands at 225 days, meaning defensive assets of €10.74 Million can fund 225 days of operations without new revenue. Also explore MAH0 net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mereo BioPharma Group plc (2016–2021)

The table below presents the year-by-year Defensive Interval Ratio for Mereo BioPharma Group plc from 2016 to 2021, 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 Mereo BioPharma Group plc (MAH0) total market value.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2021 53 days €1.82 Million €34.36K/day €- €- ▼ -127 days
2020 180 days €4.23 Million €23.47K/day €- €- ▲ +38 days
2019 143 days €11.68 Million €81.86K/day €- €0.00 ▼ -40 days
2018 183 days €8.09 Million €44.32K/day €- €2.50 Million ▼ -230 days
2017 412 days €10.86 Million €26.35K/day €- €2.50 Million ▼ -248 days
2016 660 days €5.80 Million €8.79K/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)