IGM Biosciences Inc (IGMS) — Defensive Interval Ratio

Latest as of June 2025: 4467 days

IGM Biosciences Inc (IGMS) has a Defensive Interval Ratio of 4467 days as of June 2025. Defensive assets of $74.16 Million (cash $-, short-term investments $73.66 Million, receivables $500.00K) cover 4467 days of daily cash needs of $16.60K/day. Check how tangible is IGM Biosciences Inc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

4467 days
Days of operational coverage

Defensive Assets

$74.16 Million
Cash + ST Investments + Receivables

Daily Cash Need

$16.60K
Current Liabilities ÷ 365

Current Liabilities

$6.06 Million
USD

IGM Biosciences Inc Defensive Interval Ratio (2017–2024)

This chart shows how IGM Biosciences Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of June 2025, the ratio stands at 4467 days, meaning defensive assets of $74.16 Million can fund 4467 days of operations without new revenue. Also explore IGM Biosciences Inc (IGMS) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for IGM Biosciences Inc (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for IGM Biosciences Inc from 2017 to 2024, covering 8 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 how much is IGM Biosciences Inc worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 1533 days $158.09 Million $103.12K/day $- $157.29 Million ▼ -408 days
2023 1941 days $225.96 Million $116.39K/day $- $225.16 Million ▼ -557 days
2022 2499 days $305.93 Million $122.42K/day $- $305.93 Million ▲ +1235 days
2021 1264 days $96.21 Million $76.11K/day $- $96.21 Million ▼ -1386 days
2020 2650 days $125.19 Million $47.23K/day $- $125.19 Million ▼ -5113 days
2019 7764 days $188.78 Million $24.32K/day $- $188.74 Million ▲ +7762 days
2018 1 days $35.00K $24.36K/day $- $0.00 ▲ +1 days
2017 0 days $0.00 $2.67K/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)