Biocept Inc. (BIOCQ) — Defensive Interval Ratio

Latest as of June 2023: 60 days

Biocept Inc. (BIOCQ) has a Defensive Interval Ratio of 60 days as of June 2023. Defensive assets of $800.00K (cash $-, short-term investments $-, receivables $800.00K) cover 60 days of daily cash needs of $13.43K/day. Check BIOCQ intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

60 days
Days of operational coverage

Defensive Assets

$800.00K
Cash + ST Investments + Receivables

Daily Cash Need

$13.43K
Current Liabilities ÷ 365

Current Liabilities

$4.90 Million
USD

Biocept Inc. Defensive Interval Ratio (2019–2022)

This chart shows how Biocept Inc.'s Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of June 2023, the ratio stands at 60 days, meaning defensive assets of $800.00K can fund 60 days of operations without new revenue. Also explore Biocept Inc. net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Biocept Inc. (2019–2022)

The table below presents the year-by-year Defensive Interval Ratio for Biocept Inc. from 2019 to 2022, covering 4 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 market value of Biocept Inc..

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 143 days $2.15 Million $15.08K/day $- $- ▼ -285 days
2021 427 days $13.79 Million $32.25K/day $- $- ▲ +14 days
2020 413 days $14.14 Million $34.23K/day $- $- ▲ +182 days
2019 232 days $3.53 Million $15.23K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)