Bright Minds Biosciences Inc (DRUG) — Defensive Interval Ratio
Bright Minds Biosciences Inc (DRUG) has a Defensive Interval Ratio of 125 days as of March 2026. Defensive assets of $1.31 Million (cash $-, short-term investments $172.38K, receivables $1.14 Million) cover 125 days of daily cash needs of $10.49K/day. For the complete balance sheet picture, see DRUG current and non-current assets.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Bright Minds Biosciences Inc Defensive Interval Ratio (2021–2025)
This chart shows how Bright Minds Biosciences Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2021 to 2025. As of March 2026, the ratio stands at 125 days, meaning defensive assets of $1.31 Million can fund 125 days of operations without new revenue. Check Bright Minds Biosciences Inc (DRUG) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Annual Defensive Interval Ratio for Bright Minds Biosciences Inc (2021–2025)
The table below presents the year-by-year Defensive Interval Ratio for Bright Minds Biosciences Inc from 2021 to 2025, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 74 days | $475.00K | $6.40K/day | $- | $61.93K | ▲ +40 days |
| 2024 | 35 days | $50.22K | $1.45K/day | $- | $- | ▼ -125 days |
| 2023 | 160 days | $123.23K | $769.47/day | $- | $86.25K | ▲ +100 days |
| 2022 | 60 days | $242.03K | $4.03K/day | $- | $86.25K | ▼ -52 days |
| 2021 | 112 days | $196.40K | $1.75K/day | $- | $86.25K | — |