LungLife AI Inc (LLAI) — Defensive Interval Ratio

Latest as of December 2023: 26 days

LungLife AI Inc (LLAI) has a Defensive Interval Ratio of 26 days as of December 2023. Defensive assets of GBX104.00K (cash GBX-, short-term investments GBX104.00K, receivables GBX-) cover 26 days of daily cash needs of GBX3.96K/day. Check LLAI goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

26 days
Days of operational coverage

Defensive Assets

GBX104.00K
Cash + ST Investments + Receivables

Daily Cash Need

GBX3.96K
Current Liabilities ÷ 365

Current Liabilities

GBX1.45 Million
GBX

LungLife AI Inc Defensive Interval Ratio (2018–2023)

This chart shows how LungLife AI Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of December 2023, the ratio stands at 26 days, meaning defensive assets of GBX104.00K can fund 26 days of operations without new revenue. Also explore net asset growth rate of LungLife AI Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for LungLife AI Inc (2018–2023)

The table below presents the year-by-year Defensive Interval Ratio for LungLife AI Inc 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 LungLife AI Inc market capitalisation.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2023 70 days GBX279.00K GBX3.96K/day GBX- GBX104.00K ▼ -1254 days
2022 1324 days GBX5.38 Million GBX4.07K/day GBX- GBX4.92 Million ▼ -357 days
2021 1682 days GBX5.46 Million GBX3.25K/day GBX- GBX5.41 Million ▲ +1682 days
2020 0 days GBX0.00 GBX4.87K/day GBX- GBX- ▼ 0 days
2019 0 days GBX9.80K GBX22.31K/day GBX- GBX- ▲ +0 days
2018 0 days GBX0.00 GBX2.52K/day GBX- GBX-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)