Biora Therapeutics, Inc. Defensive Interval Ratio
Biora Therapeutics, Inc. defensive interval ratio. Biora Therapeutics, Inc. (BIORQ) 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 BIORQ working capital 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 Biora Therapeutics, Inc. (2018–2023)
Defensive interval ratio of Biora Therapeutics, Inc. from 2018 to 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. Check BIORQ cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Biora Therapeutics, Inc. Defensive Interval Ratio by Year (2018–2023)
Biora Therapeutics, Inc. defensive interval ratio by year from 2018 to 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 the complete balance sheet picture, see total assets 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 | $- | $- | ▼ -50 days |
| 2018 | 133 days | $28.35 Million | $213.85K/day | $- | $20.20 Million | — |