Conduit Pharmaceuticals Inc. (CDT) — Defensive Interval Ratio
Conduit Pharmaceuticals Inc. (CDT) has a Defensive Interval Ratio of 299 days as of June 2026. Defensive assets of $534.16 Million (cash $-, short-term investments $-, receivables $534.16 Million) cover 299 days of daily cash needs of $1.79 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Conduit Pharmaceuticals Inc. Defensive Interval Ratio (2024–2025)
This chart shows how Conduit Pharmaceuticals Inc.'s Defensive Interval Ratio has evolved across 2 annual periods from 2024 to 2025. As of June 2026, the ratio stands at 299 days, meaning defensive assets of $534.16 Million can fund 299 days of operations without new revenue. For the complete balance sheet picture, see Conduit Pharmaceuticals Inc. assets under control.
Annual Defensive Interval Ratio for Conduit Pharmaceuticals Inc. (2024–2025)
The table below presents the year-by-year Defensive Interval Ratio for Conduit Pharmaceuticals Inc. from 2024 to 2025, covering 2 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 CDT net working capital ratio 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 | 242 days | $462.85 Million | $1.91 Million/day | $- | $- | ▼ -12339 days |
| 2024 | 12581 days | $370.24 Million | $29.43K/day | $- | $369.75 Million | — |