Avinger Inc Defensive Interval Ratio
Avinger Inc defensive interval ratio. Avinger Inc (AVGR) has a Defensive Interval Ratio of 34 days as of September 2024. Defensive assets of $877.00K (cash $-, short-term investments $-, receivables $877.00K) cover 34 days of daily cash needs of $26.04K/day. See Avinger Inc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Avinger Inc (2012–2023)
Defensive interval ratio of Avinger Inc from 2012 to 2023. This chart shows how Avinger Inc's Defensive Interval Ratio has evolved across 12 annual periods from 2012 to 2023. As of September 2024, the ratio stands at 34 days, meaning defensive assets of $877.00K can fund 34 days of operations without new revenue. Check financial resilience of Avinger Inc to evaluate the company's liquid asset resilience ratio.
Avinger Inc Defensive Interval Ratio by Year (2012–2023)
Avinger Inc defensive interval ratio by year from 2012 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Avinger Inc from 2012 to 2023, covering 12 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 the complete balance sheet picture, see Avinger Inc total assets.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 19 days | $1.01 Million | $52.88K/day | $- | $- | ▼ -2 days |
| 2022 | 21 days | $1.06 Million | $49.17K/day | $- | $- | ▼ -87 days |
| 2021 | 108 days | $1.39 Million | $12.89K/day | $- | $- | ▲ +35 days |
| 2020 | 73 days | $1.48 Million | $20.44K/day | $- | $- | ▲ +31 days |
| 2019 | 42 days | $1.46 Million | $35.04K/day | $- | $- | ▲ +12 days |
| 2018 | 30 days | $1.15 Million | $38.90K/day | $- | $- | ▲ +22 days |
| 2017 | 8 days | $1.13 Million | $138.29K/day | $- | $0.00 | ▼ -166 days |
| 2016 | 174 days | $3.57 Million | $20.50K/day | $- | $0.00 | ▲ +74 days |
| 2015 | 101 days | $2.06 Million | $20.50K/day | $- | $0.00 | ▼ -20 days |
| 2014 | 121 days | $2.32 Million | $19.21K/day | $- | $255.00K | ▼ -63 days |
| 2013 | 184 days | $1.88 Million | $10.21K/day | $- | $255.00K | ▲ +37 days |
| 2012 | 147 days | $1.48 Million | $10.08K/day | $- | $255.00K | — |