Axonics Modulation Technologies Inc Defensive Interval Ratio
Axonics Modulation Technologies Inc defensive interval ratio. Axonics Modulation Technologies Inc (AXNX) has a Defensive Interval Ratio of 954 days as of September 2024. Defensive assets of $168.42 Million (cash $-, short-term investments $105.77 Million, receivables $62.64 Million) cover 954 days of daily cash needs of $176.49K/day. See Axonics Modulation Technologies Inc (AXNX) liquidity to equity ratio 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 Axonics Modulation Technologies Inc (2016–2023)
Defensive interval ratio of Axonics Modulation Technologies Inc from 2016 to 2023. This chart shows how Axonics Modulation Technologies Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2016 to 2023. As of September 2024, the ratio stands at 954 days, meaning defensive assets of $168.42 Million can fund 954 days of operations without new revenue. Read AXNX liabilities breakdown for a breakdown of total debt and financial obligations.
Axonics Modulation Technologies Inc Defensive Interval Ratio by Year (2016–2023)
Axonics Modulation Technologies Inc defensive interval ratio by year from 2016 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Axonics Modulation Technologies Inc from 2016 to 2023, 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. For the complete balance sheet picture, see Axonics Modulation Technologies Inc total assets.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 2369 days | $297.39 Million | $125.52K/day | $- | $240.15 Million | ▲ +1456 days |
| 2022 | 913 days | $163.18 Million | $178.76K/day | $- | $118.36 Million | ▲ +518 days |
| 2021 | 395 days | $29.04 Million | $73.61K/day | $- | $0.00 | ▲ +249 days |
| 2020 | 146 days | $18.27 Million | $125.16K/day | $- | $0.00 | ▼ -475 days |
| 2019 | 621 days | $20.47 Million | $32.97K/day | $- | $12.59 Million | ▼ -3077 days |
| 2018 | 3698 days | $59.65 Million | $16.13K/day | $- | $59.22 Million | ▲ +3622 days |
| 2017 | 76 days | $500.00K | $6.59K/day | $- | $0.00 | ▲ +76 days |
| 2016 | 0 days | $0.00 | $4.07K/day | $- | $0.00 | — |