Alzamend Neuro Inc (ALZN) — Defensive Interval Ratio

Latest as of July 2022: 3 days

Alzamend Neuro Inc (ALZN) has a Defensive Interval Ratio of 3 days as of July 2022. Defensive assets of $9.41K (cash $-, short-term investments $-, receivables $9.41K) cover 3 days of daily cash needs of $2.82K/day. Check how tangible is Alzamend Neuro Inc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

$9.41K
Cash + ST Investments + Receivables

Daily Cash Need

$2.82K
Current Liabilities ÷ 365

Current Liabilities

$1.03 Million
USD

Alzamend Neuro Inc Defensive Interval Ratio (2017–2021)

This chart shows how Alzamend Neuro Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2017 to 2021. As of July 2022, the ratio stands at 3 days, meaning defensive assets of $9.41K can fund 3 days of operations without new revenue. Also explore Alzamend Neuro Inc (ALZN) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Alzamend Neuro Inc (2017–2021)

The table below presents the year-by-year Defensive Interval Ratio for Alzamend Neuro Inc from 2017 to 2021, covering 5 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 ALZN market cap overview.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2021 7 days $16.21K $2.46K/day $- $- ▼ -65 days
2020 71 days $194.28K $2.72K/day $- $- ▼ -17 days
2019 88 days $285.35K $3.24K/day $- $- ▼ -1513 days
2018 1601 days $424.35K $265.00/day $- $- ▲ +1600 days
2017 1 days $1.70K $1.96K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)