89bio Inc (ETNB) — Defensive Interval Ratio

Latest as of June 2025: 3982 days

89bio Inc (ETNB) has a Defensive Interval Ratio of 3982 days as of June 2025. Defensive assets of $432.09 Million (cash $-, short-term investments $432.09 Million, receivables $-) cover 3982 days of daily cash needs of $108.52K/day.

Defensive Interval Ratio

3982 days
Days of operational coverage

Defensive Assets

$432.09 Million
Cash + ST Investments + Receivables

Daily Cash Need

$108.52K
Current Liabilities ÷ 365

Current Liabilities

$39.61 Million
USD

89bio Inc Defensive Interval Ratio (2020–2024)

This chart shows how 89bio Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of June 2025, the ratio stands at 3982 days, meaning defensive assets of $432.09 Million can fund 3982 days of operations without new revenue. For the complete balance sheet picture, see 89bio Inc asset portfolio.

Annual Defensive Interval Ratio for 89bio Inc (2020–2024)

The table below presents the year-by-year Defensive Interval Ratio for 89bio Inc from 2020 to 2024, 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. See 89bio Inc working capital to net assets 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 3171 days $313.89 Million $98.98K/day $- $313.89 Million ▼ -67 days
2023 3238 days $262.71 Million $81.13K/day $- $262.71 Million ▲ +1267 days
2022 1971 days $132.91 Million $67.44K/day $- $132.91 Million ▲ +135 days
2021 1836 days $98.29 Million $53.53K/day $- $98.29 Million ▼ -2953 days
2020 4789 days $106.45 Million $22.23K/day $- $106.45 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)