Gracell Biotechnologies Inc. (GRCL) — Defensive Interval Ratio
Gracell Biotechnologies Inc. (GRCL) has a Defensive Interval Ratio of 48 days as of September 2023. Defensive assets of $30.46 Million (cash $-, short-term investments $30.46 Million, receivables $-) cover 48 days of daily cash needs of $628.70K/day. Check GRCL asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Gracell Biotechnologies Inc. Defensive Interval Ratio (2018–2022)
This chart shows how Gracell Biotechnologies Inc.'s Defensive Interval Ratio has evolved across 5 annual periods from 2018 to 2022. As of September 2023, the ratio stands at 48 days, meaning defensive assets of $30.46 Million can fund 48 days of operations without new revenue. See Gracell Biotechnologies Inc. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Annual Defensive Interval Ratio for Gracell Biotechnologies Inc. (2018–2022)
The table below presents the year-by-year Defensive Interval Ratio for Gracell Biotechnologies Inc. from 2018 to 2022, 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. For the complete balance sheet picture, see total assets of Gracell Biotechnologies Inc..
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 49 days | $29.89 Million | $604.50K/day | $- | $3.56 Million | ▼ -55 days |
| 2021 | 104 days | $44.30 Million | $424.99K/day | $- | $3.62 Million | ▼ -90 days |
| 2020 | 194 days | $49.70 Million | $255.78K/day | $- | $18.74 Million | ▼ -167 days |
| 2019 | 361 days | $17.97 Million | $49.77K/day | $- | $4.20 Million | ▼ -4947 days |
| 2018 | 5308 days | $108.20 Million | $20.38K/day | $- | $102.00 Million | — |