Avinger Inc (AVGR) — 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. Check AVGR tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Avinger Inc Defensive Interval Ratio (2012–2023)
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. Also explore AVGR net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Avinger Inc (2012–2023)
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 live market cap and the full company financial profile, see AVGR market cap.
| 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 | — |