Addex Therapeutics Ltd (ADXN) — Defensive Interval Ratio

Latest as of September 2025: 18 days

Addex Therapeutics Ltd (ADXN) has a Defensive Interval Ratio of 18 days as of September 2025. Defensive assets of $58.11K (cash $-, short-term investments $6.86K, receivables $51.25K) cover 18 days of daily cash needs of $3.22K/day. Check Addex Therapeutics Ltd tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

18 days
Days of operational coverage

Defensive Assets

$58.11K
Cash + ST Investments + Receivables

Daily Cash Need

$3.22K
Current Liabilities ÷ 365

Current Liabilities

$1.17 Million
USD

Addex Therapeutics Ltd Defensive Interval Ratio (2012–2024)

This chart shows how Addex Therapeutics Ltd's Defensive Interval Ratio has evolved across 13 annual periods from 2012 to 2024. As of September 2025, the ratio stands at 18 days, meaning defensive assets of $58.11K can fund 18 days of operations without new revenue. Also explore net asset momentum of Addex Therapeutics Ltd to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Addex Therapeutics Ltd (2012–2024)

The table below presents the year-by-year Defensive Interval Ratio for Addex Therapeutics Ltd from 2012 to 2024, covering 13 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 market value of Addex Therapeutics Ltd.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 10 days $22.01K $2.20K/day $- $6.50K ▼ -9 days
2023 19 days $152.12K $7.93K/day $- $848.00 ▼ -48 days
2022 67 days $601.48K $8.99K/day $- $3.17K ▲ +37 days
2021 30 days $341.57K $11.33K/day $- $17.14K ▲ +17 days
2020 13 days $133.30K $9.92K/day $- $64.93K ▲ +5 days
2019 8 days $132.00K $15.56K/day $- $13.97K ▼ -35 days
2018 44 days $281.00K $6.39K/day $- $7.98K ▼ -34 days
2017 78 days $315.17K $4.05K/day $- $11.29K ▲ +13 days
2016 64 days $220.72K $3.42K/day $- $- ▲ +18 days
2015 47 days $132.07K $2.82K/day $- $0.00 ▲ +25 days
2014 22 days $91.51K $4.13K/day $- $0.00 ▼ -103 days
2013 125 days $811.55K $6.47K/day $- $- ▲ +48 days
2012 77 days $982.47K $12.76K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)