The Biotech Growth Trust PLC (BIOG) — Defensive Interval Ratio

Latest as of September 2024: 188 days

The Biotech Growth Trust PLC (BIOG) has a Defensive Interval Ratio of 188 days as of September 2024. Defensive assets of GBX26.97 Million (cash GBX-, short-term investments GBX-, receivables GBX26.97 Million) cover 188 days of daily cash needs of GBX143.36K/day. See The Biotech Growth Trust PLC current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

188 days
Days of operational coverage

Defensive Assets

GBX26.97 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX143.36K
Current Liabilities ÷ 365

Current Liabilities

GBX52.33 Million
GBX

The Biotech Growth Trust PLC Defensive Interval Ratio (2004–2024)

This chart shows how The Biotech Growth Trust PLC's Defensive Interval Ratio has evolved across 20 annual periods from 2004 to 2024. As of September 2024, the ratio stands at 188 days, meaning defensive assets of GBX26.97 Million can fund 188 days of operations without new revenue. See BIOG equity financing ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for The Biotech Growth Trust PLC (2004–2024)

The table below presents the year-by-year Defensive Interval Ratio for The Biotech Growth Trust PLC from 2004 to 2024, covering 20 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 BIOG market cap overview.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 101 days GBX14.51 Million GBX143.89K/day GBX- GBX- ▲ +95 days
2023 6 days GBX487.00K GBX82.79K/day GBX- GBX- ▼ -46 days
2022 52 days GBX4.72 Million GBX91.07K/day GBX- GBX- ▲ +16 days
2021 36 days GBX4.72 Million GBX131.68K/day GBX- GBX- ▲ +10 days
2020 26 days GBX2.49 Million GBX97.58K/day GBX- GBX- ▲ +25 days
2019 1 days GBX39.00K GBX61.25K/day GBX- GBX- ▼ -25 days
2018 26 days GBX387.00K GBX14.82K/day GBX- GBX- ▲ +26 days
2017 0 days GBX15.00K GBX39.23K/day GBX- GBX- ▼ -179 days
2016 179 days GBX4.58 Million GBX25.59K/day GBX- GBX- ▼ -560 days
2015 739 days GBX3.20 Million GBX4.33K/day GBX- GBX- ▲ +322 days
2014 417 days GBX11.90 Million GBX28.57K/day GBX- GBX- ▲ +188 days
2013 228 days GBX13.89 Million GBX60.87K/day GBX- GBX- ▲ +217 days
2012 11 days GBX178.00K GBX15.72K/day GBX- GBX- ▼ -18 days
2011 29 days GBX1.16 Million GBX39.40K/day GBX- GBX- ▲ +2 days
2010 28 days GBX304.00K GBX11.00K/day GBX- GBX- ▼ -315 days
2009 343 days GBX1.07 Million GBX3.11K/day GBX- GBX- ▲ +4 days
2007 338 days GBX2.44 Million GBX7.22K/day GBX- GBX- ▼ -9 days
2006 347 days GBX1.29 Million GBX3.73K/day GBX- GBX- ▲ +299 days
2005 48 days GBX39.00K GBX805.48/day GBX- GBX- ▲ +15 days
2004 33 days GBX42.00K GBX1.27K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)