Galectin Therapeutics Inc (GALT) — Defensive Interval Ratio

Latest as of September 2018: 0 days

Galectin Therapeutics Inc (GALT) has a Defensive Interval Ratio of 0 days as of September 2018. Defensive assets of $0.00 (cash $-, short-term investments $0.00, receivables $-) cover 0 days of daily cash needs of $4.51K/day. Check tangible equity quality of Galectin Therapeutics Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

$0.00
Cash + ST Investments + Receivables

Daily Cash Need

$4.51K
Current Liabilities ÷ 365

Current Liabilities

$1.65 Million
USD

Galectin Therapeutics Inc Defensive Interval Ratio (2006–2017)

This chart shows how Galectin Therapeutics Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2006 to 2017. As of September 2018, the ratio stands at 0 days, meaning defensive assets of $0.00 can fund 0 days of operations without new revenue. Also explore Galectin Therapeutics Inc (GALT) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Galectin Therapeutics Inc (2006–2017)

The table below presents the year-by-year Defensive Interval Ratio for Galectin Therapeutics Inc from 2006 to 2017, covering 9 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 market cap of Galectin Therapeutics Inc.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2017 0 days $0.00 $8.13K/day $- $0.00 ▲ +0 days
2016 0 days $0.00 $10.36K/day $- $0.00 ▲ +0 days
2015 0 days $0.00 $3.73K/day $- $0.00 ▲ +0 days
2014 0 days $0.00 $4.67K/day $- $0.00 ▲ +0 days
2013 0 days $0.00 $6.81K/day $- $0.00 ▲ +0 days
2012 0 days $0.00 $4.49K/day $- $0.00 ▲ +0 days
2011 0 days $0.00 $6.07K/day $- $0.00 ▼ -48 days
2010 48 days $234.00K $4.85K/day $- $- ▼ -256 days
2006 305 days $5.00 Million $16.41K/day $- $5.00 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)