Syncona Limited (SYNC) — Defensive Interval Ratio

Latest as of September 2024: 551 days

Syncona Limited (SYNC) has a Defensive Interval Ratio of 551 days as of September 2024. Defensive assets of GBX7.03 Million (cash GBX-, short-term investments GBX-, receivables GBX7.03 Million) cover 551 days of daily cash needs of GBX12.76K/day.

Defensive Interval Ratio

551 days
Days of operational coverage

Defensive Assets

GBX7.03 Million
Cash + ST Investments + Receivables

Daily Cash Need

GBX12.76K
Current Liabilities ÷ 365

Current Liabilities

GBX4.66 Million
GBX

Syncona Limited Defensive Interval Ratio (2013–2024)

This chart shows how Syncona Limited's Defensive Interval Ratio has evolved across 12 annual periods from 2013 to 2024. As of September 2024, the ratio stands at 551 days, meaning defensive assets of GBX7.03 Million can fund 551 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Syncona Limited.

Annual Defensive Interval Ratio for Syncona Limited (2013–2024)

The table below presents the year-by-year Defensive Interval Ratio for Syncona Limited from 2013 to 2024, covering 12 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See Syncona Limited (SYNC) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (GBX) Daily Cash Need Cash ST Investments Change (days)
2024 195 days GBX9.07 Million GBX46.45K/day GBX- GBX- ▼ -72 days
2023 267 days GBX10.07 Million GBX37.69K/day GBX- GBX- ▲ +32 days
2022 235 days GBX9.71 Million GBX41.33K/day GBX- GBX- ▼ -26 days
2021 261 days GBX10.45 Million GBX40.03K/day GBX- GBX- ▲ +118 days
2020 143 days GBX4.61 Million GBX32.25K/day GBX- GBX- ▲ +23 days
2019 120 days GBX4.30 Million GBX35.77K/day GBX- GBX- ▼ -1918 days
2018 2038 days GBX4.76 Million GBX2.33K/day GBX- GBX- ▲ +1752 days
2017 286 days GBX4.75 Million GBX16.61K/day GBX- GBX- ▼ -91463 days
2016 91749 days GBX4.78 Million GBX52.05/day GBX- GBX- ▲ +27188 days
2015 64561 days GBX4.42 Million GBX68.49/day GBX- GBX- ▲ +17900 days
2014 46662 days GBX3.20 Million GBX68.49/day GBX- GBX- ▲ +46606 days
2013 55 days GBX170.00K GBX3.08K/day GBX- GBX- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)