Effector Therapeutics Inc (EFTR) — Defensive Interval Ratio

Latest as of March 2024: 141 days

Effector Therapeutics Inc (EFTR) has a Defensive Interval Ratio of 141 days as of March 2024. Defensive assets of $9.89 Million (cash $-, short-term investments $9.88 Million, receivables $17.00K) cover 141 days of daily cash needs of $70.05K/day. Check EFTR tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

141 days
Days of operational coverage

Defensive Assets

$9.89 Million
Cash + ST Investments + Receivables

Daily Cash Need

$70.05K
Current Liabilities ÷ 365

Current Liabilities

$25.57 Million
USD

Effector Therapeutics Inc Defensive Interval Ratio (2021–2023)

This chart shows how Effector Therapeutics Inc's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of March 2024, the ratio stands at 141 days, meaning defensive assets of $9.89 Million can fund 141 days of operations without new revenue. Also explore Effector Therapeutics Inc (EFTR) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Effector Therapeutics Inc (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for Effector Therapeutics Inc from 2021 to 2023, 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. For live market cap and the full company financial profile, see Effector Therapeutics Inc market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 50 days $3.55 Million $70.67K/day $- $3.50 Million ▼ -206 days
2022 257 days $17.63 Million $68.70K/day $- $17.60 Million ▲ +247 days
2021 9 days $100.00K $10.90K/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)