Bicycle Therapeutics Ltd (BCYC) — Defensive Interval Ratio
Bicycle Therapeutics Ltd (BCYC) has a Defensive Interval Ratio of 354 days as of September 2025. Defensive assets of $67.26 Million (cash $-, short-term investments $-, receivables $67.26 Million) cover 354 days of daily cash needs of $189.81K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Bicycle Therapeutics Ltd Defensive Interval Ratio (2016–2024)
This chart shows how Bicycle Therapeutics Ltd's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of September 2025, the ratio stands at 354 days, meaning defensive assets of $67.26 Million can fund 354 days of operations without new revenue. For the complete balance sheet picture, see Bicycle Therapeutics Ltd (BCYC) total assets.
Annual Defensive Interval Ratio for Bicycle Therapeutics Ltd (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for Bicycle Therapeutics Ltd from 2016 to 2024, covering 9 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 BCYC working capital efficiency 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 | 194 days | $35.65 Million | $184.19K/day | $- | $- | ▲ +67 days |
| 2023 | 126 days | $24.04 Million | $190.51K/day | $- | $- | ▼ -19 days |
| 2022 | 145 days | $21.21 Million | $146.14K/day | $- | $- | ▲ +25 days |
| 2021 | 120 days | $11.91 Million | $99.28K/day | $- | $- | ▼ -111 days |
| 2020 | 231 days | $14.63 Million | $63.37K/day | $- | $- | ▼ -65 days |
| 2019 | 296 days | $7.14 Million | $24.17K/day | $- | $- | ▼ -167 days |
| 2018 | 462 days | $11.31 Million | $24.46K/day | $- | $0.00 | ▲ +347 days |
| 2017 | 116 days | $3.00 Million | $25.89K/day | $- | $0.00 | ▼ -16 days |
| 2016 | 131 days | $1.37 Million | $10.44K/day | $- | $0.00 | — |