Biora Therapeutics Inc (BIOR) — Defensive Interval Ratio

Latest as of September 2024: 3 days

Biora Therapeutics Inc (BIOR) has a Defensive Interval Ratio of 3 days as of September 2024. Defensive assets of $868.00K (cash $-, short-term investments $-, receivables $868.00K) cover 3 days of daily cash needs of $330.46K/day. See Biora Therapeutics Inc (BIOR) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

$868.00K
Cash + ST Investments + Receivables

Daily Cash Need

$330.46K
Current Liabilities ÷ 365

Current Liabilities

$120.62 Million
USD

Biora Therapeutics Inc Defensive Interval Ratio (2018–2023)

This chart shows how Biora Therapeutics Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of September 2024, the ratio stands at 3 days, meaning defensive assets of $868.00K can fund 3 days of operations without new revenue. Also explore BIOR net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Biora Therapeutics Inc (2018–2023)

The table below presents the year-by-year Defensive Interval Ratio for Biora Therapeutics Inc from 2018 to 2023, covering 6 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 cap of Biora Therapeutics Inc.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 5 days $830.00K $172.53K/day $- $- ▼ -8 days
2022 13 days $828.00K $63.85K/day $- $- ▲ +9 days
2021 4 days $653.00K $168.79K/day $- $- ▼ -29 days
2020 33 days $6.63 Million $199.10K/day $- $- ▼ -50 days
2019 83 days $22.82 Million $274.90K/day $- $0.00 ▼ -50 days
2018 133 days $28.35 Million $213.85K/day $- $20.20 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)