Addex Therapeutics Ltd (ADXN) — Defensive Interval Ratio

Latest as of March 2026: 10 days

Addex Therapeutics Ltd (ADXN) has a Defensive Interval Ratio of 10 days as of March 2026. Defensive assets of $34.34K (cash $-, short-term investments $2.35K, receivables $31.99K) cover 10 days of daily cash needs of $3.35K/day.

Defensive Interval Ratio

10 days
Days of operational coverage

Defensive Assets

$34.34K
Cash + ST Investments + Receivables

Daily Cash Need

$3.35K
Current Liabilities ÷ 365

Current Liabilities

$1.22 Million
USD

Addex Therapeutics Ltd Defensive Interval Ratio (2012–2025)

This chart shows how Addex Therapeutics Ltd's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 10 days, meaning defensive assets of $34.34K can fund 10 days of operations without new revenue. For the complete balance sheet picture, see ADXN total assets.

Annual Defensive Interval Ratio for Addex Therapeutics Ltd (2012–2025)

The table below presents the year-by-year Defensive Interval Ratio for Addex Therapeutics Ltd from 2012 to 2025, covering 14 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 ADXN working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 8 days $25.24K $3.29K/day $- $5.13K ▼ -2 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)