GRI Bio Inc. (GRI) — Defensive Interval Ratio

Latest as of September 2022: 72 days

GRI Bio Inc. (GRI) has a Defensive Interval Ratio of 72 days as of September 2022. Defensive assets of $419.00K (cash $-, short-term investments $419.00K, receivables $-) cover 72 days of daily cash needs of $5.78K/day. See GRI Bio Inc. working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

72 days
Days of operational coverage

Defensive Assets

$419.00K
Cash + ST Investments + Receivables

Daily Cash Need

$5.78K
Current Liabilities ÷ 365

Current Liabilities

$2.11 Million
USD

GRI Bio Inc. Defensive Interval Ratio (2021–2021)

This chart shows how GRI Bio Inc.'s Defensive Interval Ratio has evolved across 1 annual periods from 2021 to 2021. As of September 2022, the ratio stands at 72 days, meaning defensive assets of $419.00K can fund 72 days of operations without new revenue. See debt-free asset ratio of GRI Bio Inc. to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for GRI Bio Inc. (2021–2021)

The table below presents the year-by-year Defensive Interval Ratio for GRI Bio Inc. from 2021 to 2021, covering 1 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 GRI Bio Inc..

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2021 285 days $3.81 Million $13.36K/day $- $3.81 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)