Enveric Biosciences Inc (ENVB) — Defensive Interval Ratio
Enveric Biosciences Inc (ENVB) has a Defensive Interval Ratio of 8 days as of September 2024. Defensive assets of $17.76K (cash $-, short-term investments $-, receivables $17.76K) cover 8 days of daily cash needs of $2.30K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Enveric Biosciences Inc Defensive Interval Ratio (1994–2023)
This chart shows how Enveric Biosciences Inc's Defensive Interval Ratio has evolved across 21 annual periods from 1994 to 2023. As of September 2024, the ratio stands at 8 days, meaning defensive assets of $17.76K can fund 8 days of operations without new revenue. For the complete balance sheet picture, see ENVB current and non-current assets.
Annual Defensive Interval Ratio for Enveric Biosciences Inc (1994–2023)
The table below presents the year-by-year Defensive Interval Ratio for Enveric Biosciences Inc from 1994 to 2023, covering 21 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 Enveric Biosciences Inc short-term liquidity 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) |
|---|---|---|---|---|---|---|
| 2023 | 35 days | $224.61K | $6.42K/day | $- | $- | ▼ -3386 days |
| 2020 | 3420 days | $6.38 Million | $1.87K/day | $- | $- | ▲ +3258 days |
| 2019 | 162 days | $6.38 Million | $39.41K/day | $- | $- | ▼ -34 days |
| 2018 | 196 days | $7.87 Million | $40.24K/day | $- | $- | ▲ +89 days |
| 2017 | 106 days | $8.84 Million | $83.20K/day | $- | $- | ▼ -128 days |
| 2016 | 234 days | $8.14 Million | $34.82K/day | $- | $82.91K | ▲ +23 days |
| 2015 | 211 days | $4.95 Million | $23.50K/day | $- | $82.91K | ▼ -7409 days |
| 2007 | 7620 days | $1.00 Million | $131.24/day | $- | $1.00 Million | ▲ +7306 days |
| 2006 | 314 days | $74.83K | $238.56/day | $- | $- | ▼ -2 days |
| 2005 | 316 days | $155.23K | $491.83/day | $- | $- | ▲ +137 days |
| 2004 | 179 days | $325.71K | $1.82K/day | $- | $- | ▼ -530 days |
| 2003 | 708 days | $345.41K | $487.65/day | $- | $- | ▲ +132 days |
| 2002 | 576 days | $499.02K | $865.70/day | $- | $- | ▲ +103 days |
| 2001 | 473 days | $442.56K | $935.72/day | $- | $- | ▲ +244 days |
| 2000 | 229 days | $506.56K | $2.21K/day | $- | $- | ▲ +43 days |
| 1999 | 186 days | $687.60K | $3.70K/day | $- | $- | ▲ +166 days |
| 1998 | 20 days | $134.63K | $6.70K/day | $- | $- | ▼ -187 days |
| 1997 | 207 days | $911.50K | $4.40K/day | $- | $- | ▼ -136 days |
| 1996 | 343 days | $820.86K | $2.39K/day | $- | $- | ▲ +135 days |
| 1995 | 209 days | $400.00K | $1.92K/day | $- | $- | ▲ +172 days |
| 1994 | 37 days | $100.00K | $2.74K/day | $- | $- | — |