Artelo Biosciences Inc (ARTL) — Defensive Interval Ratio

Latest as of December 2024: 0 days

Artelo Biosciences Inc (ARTL) has a Defensive Interval Ratio of 0 days as of December 2024. Defensive assets of $0.00 (cash $-, short-term investments $0.00, receivables $-) cover 0 days of daily cash needs of $4.85K/day. Check tangible equity quality of Artelo Biosciences Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

$0.00
Cash + ST Investments + Receivables

Daily Cash Need

$4.85K
Current Liabilities ÷ 365

Current Liabilities

$1.77 Million
USD

Artelo Biosciences Inc Defensive Interval Ratio (2015–2024)

This chart shows how Artelo Biosciences Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of December 2024, the ratio stands at 0 days, meaning defensive assets of $0.00 can fund 0 days of operations without new revenue. Also explore ARTL year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Artelo Biosciences Inc (2015–2024)

The table below presents the year-by-year Defensive Interval Ratio for Artelo Biosciences Inc from 2015 to 2024, covering 10 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 Artelo Biosciences Inc.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 0 days $0.00 $4.85K/day $- $0.00 ▼ -2152 days
2023 2152 days $7.61 Million $3.54K/day $- $7.61 Million ▼ -1741 days
2022 3893 days $10.64 Million $2.73K/day $- $10.64 Million ▲ +1509 days
2021 2384 days $3.44 Million $1.44K/day $- $3.44 Million ▲ +2384 days
2020 0 days $0.00 $1.38K/day $- $0.00 ▼ -4 days
2019 4 days $10.29K $2.80K/day $- $1.50K ▼ -12 days
2018 15 days $22.13K $1.46K/day $- $0.00 ▲ +15 days
2017 0 days $0.00 $80.65/day $- $0.00 ▲ +0 days
2016 0 days $0.00 $47.64/day $- $0.00 ▲ +0 days
2015 0 days $0.00 $4.76/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)