CannBioRx Life Sciences Corp (ATNFW) — Defensive Interval Ratio

Latest as of June 2025: 1 days

CannBioRx Life Sciences Corp (ATNFW) has a Defensive Interval Ratio of 1 days as of June 2025. Defensive assets of $10.78K (cash $-, short-term investments $-, receivables $10.78K) cover 1 days of daily cash needs of $14.61K/day.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

$10.78K
Cash + ST Investments + Receivables

Daily Cash Need

$14.61K
Current Liabilities ÷ 365

Current Liabilities

$5.33 Million
USD

CannBioRx Life Sciences Corp Defensive Interval Ratio (2017–2024)

This chart shows how CannBioRx Life Sciences Corp's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 1 days, meaning defensive assets of $10.78K can fund 1 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of CannBioRx Life Sciences Corp.

Annual Defensive Interval Ratio for CannBioRx Life Sciences Corp (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for CannBioRx Life Sciences Corp from 2017 to 2024, covering 8 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 how liquid is CannBioRx Life Sciences Corp's working capital 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)
2024 4 days $41.19K $9.60K/day $- $- ▼ -16 days
2023 20 days $279.04K $13.87K/day $- $- ▲ +0 days
2022 20 days $310.02K $15.50K/day $- $- ▲ +19 days
2021 1 days $80.78K $53.97K/day $- $- ▼ -12 days
2020 13 days $784.64K $58.69K/day $- $- ▼ -449 days
2019 462 days $12.21 Million $26.41K/day $- $11.88 Million ▼ -78522 days
2018 78984 days $118.17 Million $1.50K/day $- $118.17 Million ▼ -125477 days
2017 204461 days $116.59 Million $570.22/day $- $116.59 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)