Carlsmed, Inc. (CARL) — Defensive Interval Ratio

Latest as of June 2026: 1671 days

Carlsmed, Inc. (CARL) has a Defensive Interval Ratio of 1671 days as of June 2026. Defensive assets of $56.76 Million (cash $-, short-term investments $42.98 Million, receivables $13.78 Million) cover 1671 days of daily cash needs of $33.96K/day.

Defensive Interval Ratio

1671 days
Days of operational coverage

Defensive Assets

$56.76 Million
Cash + ST Investments + Receivables

Daily Cash Need

$33.96K
Current Liabilities ÷ 365

Current Liabilities

$12.40 Million
USD

Carlsmed, Inc. Defensive Interval Ratio (2023–2025)

This chart shows how Carlsmed, Inc.'s Defensive Interval Ratio has evolved across 3 annual periods from 2023 to 2025. As of June 2026, the ratio stands at 1671 days, meaning defensive assets of $56.76 Million can fund 1671 days of operations without new revenue. For the complete balance sheet picture, see balance sheet size of Carlsmed, Inc..

Annual Defensive Interval Ratio for Carlsmed, Inc. (2023–2025)

The table below presents the year-by-year Defensive Interval Ratio for Carlsmed, Inc. from 2023 to 2025, covering 3 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 how liquid is Carlsmed, Inc.'s working capital 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)
2025 904 days $35.36 Million $39.12K/day $- $24.00 Million ▲ +624 days
2024 280 days $6.77 Million $24.16K/day $- $0.00 ▲ +125 days
2023 155 days $3.17 Million $20.38K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)