CARGO Therapeutics, Inc. Common Stock (CRGX) — Defensive Interval Ratio

Latest as of June 2025: 2542 days

CARGO Therapeutics, Inc. Common Stock (CRGX) has a Defensive Interval Ratio of 2542 days as of June 2025. Defensive assets of $145.62 Million (cash $-, short-term investments $144.82 Million, receivables $802.00K) cover 2542 days of daily cash needs of $57.28K/day.

Defensive Interval Ratio

2542 days
Days of operational coverage

Defensive Assets

$145.62 Million
Cash + ST Investments + Receivables

Daily Cash Need

$57.28K
Current Liabilities ÷ 365

Current Liabilities

$20.91 Million
USD

CARGO Therapeutics, Inc. Common Stock Defensive Interval Ratio (2022–2024)

This chart shows how CARGO Therapeutics, Inc. Common Stock's Defensive Interval Ratio has evolved across 3 annual periods from 2022 to 2024. As of June 2025, the ratio stands at 2542 days, meaning defensive assets of $145.62 Million can fund 2542 days of operations without new revenue. For the complete balance sheet picture, see CARGO Therapeutics, Inc. Common Stock balance sheet assets.

Annual Defensive Interval Ratio for CARGO Therapeutics, Inc. Common Stock (2022–2024)

The table below presents the year-by-year Defensive Interval Ratio for CARGO Therapeutics, Inc. Common Stock from 2022 to 2024, 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 CRGX 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)
2024 4045 days $277.36 Million $68.57K/day $- $275.32 Million ▲ +4015 days
2023 30 days $1.74 Million $57.98K/day $- $0.00 ▲ +26 days
2022 4 days $476.00K $120.92K/day $- $- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)