GH Research PLC (GHRS) — Defensive Interval Ratio

Latest as of June 2026: 500 days

GH Research PLC (GHRS) has a Defensive Interval Ratio of 500 days as of June 2026. Defensive assets of $17.60 Million (cash $-, short-term investments $17.60 Million, receivables $-) cover 500 days of daily cash needs of $35.21K/day.

Defensive Interval Ratio

500 days
Days of operational coverage

Defensive Assets

$17.60 Million
Cash + ST Investments + Receivables

Daily Cash Need

$35.21K
Current Liabilities ÷ 365

Current Liabilities

$12.85 Million
USD

GH Research PLC Defensive Interval Ratio (2020–2025)

This chart shows how GH Research PLC's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at 500 days, meaning defensive assets of $17.60 Million can fund 500 days of operations without new revenue. For the complete balance sheet picture, see GH Research PLC balance sheet assets.

Annual Defensive Interval Ratio for GH Research PLC (2020–2025)

The table below presents the year-by-year Defensive Interval Ratio for GH Research PLC from 2020 to 2025, covering 6 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 GHRS working capital 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)
2025 1557 days $35.75 Million $22.96K/day $- $34.46 Million ▼ -492 days
2024 2049 days $50.27 Million $24.53K/day $- $48.53 Million ▼ -2489 days
2023 4538 days $83.32 Million $18.36K/day $- $83.14 Million ▲ +4531 days
2022 7 days $90.00K $12.45K/day $- $0.00 ▲ +1 days
2021 6 days $48.00K $7.53K/day $- $- ▼ -3 days
2020 9 days $6.00K $673.97/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)