Codexis Inc (CDXS) — Defensive Interval Ratio
Codexis Inc (CDXS) has a Defensive Interval Ratio of 851 days as of September 2025. Defensive assets of $43.08 Million (cash $-, short-term investments $33.35 Million, receivables $9.73 Million) cover 851 days of daily cash needs of $50.62K/day. Check tangible net worth ratio of Codexis Inc to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Codexis Inc Defensive Interval Ratio (2006–2024)
This chart shows how Codexis Inc's Defensive Interval Ratio has evolved across 19 annual periods from 2006 to 2024. As of September 2025, the ratio stands at 851 days, meaning defensive assets of $43.08 Million can fund 851 days of operations without new revenue. Also explore CDXS net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Codexis Inc (2006–2024)
The table below presents the year-by-year Defensive Interval Ratio for Codexis Inc from 2006 to 2024, covering 19 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 Codexis Inc market cap and net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 1128 days | $73.08 Million | $64.79K/day | $- | $54.19 Million | ▲ +925 days |
| 2023 | 203 days | $19.93 Million | $98.16K/day | $- | $0.00 | ▼ -101 days |
| 2022 | 304 days | $40.87 Million | $134.43K/day | $- | $- | ▼ -108 days |
| 2021 | 412 days | $37.65 Million | $91.43K/day | $- | $0.00 | ▼ -31 days |
| 2020 | 443 days | $30.29 Million | $68.44K/day | $- | $1.00 Million | ▼ -36 days |
| 2019 | 478 days | $20.16 Million | $42.16K/day | $- | $- | ▲ +211 days |
| 2018 | 267 days | $12.50 Million | $46.88K/day | $- | $- | ▲ +94 days |
| 2017 | 173 days | $11.80 Million | $68.36K/day | $- | $0.00 | ▼ -2 days |
| 2016 | 175 days | $5.92 Million | $33.88K/day | $- | $0.00 | ▼ -5 days |
| 2015 | 180 days | $7.33 Million | $40.66K/day | $- | $0.00 | ▲ +77 days |
| 2014 | 103 days | $3.87 Million | $37.63K/day | $- | $0.00 | ▼ -171 days |
| 2013 | 274 days | $8.42 Million | $30.68K/day | $- | $3.00 Million | ▼ -198 days |
| 2012 | 472 days | $21.07 Million | $44.61K/day | $- | $13.52 Million | ▼ -129 days |
| 2011 | 602 days | $46.64 Million | $77.51K/day | $- | $27.72 Million | ▲ +398 days |
| 2010 | 204 days | $15.33 Million | $75.30K/day | $- | $- | ▼ -28 days |
| 2009 | 231 days | $31.02 Million | $134.18K/day | $- | $23.78 Million | ▲ +47 days |
| 2008 | 184 days | $21.42 Million | $116.17K/day | $- | $15.23 Million | ▼ -194 days |
| 2007 | 378 days | $35.43 Million | $93.64K/day | $- | $29.00 Million | ▲ +305 days |
| 2006 | 74 days | $2.75 Million | $37.46K/day | $- | $- | — |