Mink Therapeutics Inc (INKT) — Defensive Interval Ratio

Latest as of September 2024: 311866 days

Mink Therapeutics Inc (INKT) has a Defensive Interval Ratio of 311866 days as of September 2024. Defensive assets of $6.32 Billion (cash $-, short-term investments $6.32 Billion, receivables $-) cover 311866 days of daily cash needs of $20.27K/day. Check INKT goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

311866 days
Days of operational coverage

Defensive Assets

$6.32 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$20.27K
Current Liabilities ÷ 365

Current Liabilities

$7.40 Million
USD

Mink Therapeutics Inc Defensive Interval Ratio (2019–2024)

This chart shows how Mink Therapeutics Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2024. As of September 2024, the ratio stands at 311866 days, meaning defensive assets of $6.32 Billion can fund 311866 days of operations without new revenue. Also explore Mink Therapeutics Inc (INKT) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Mink Therapeutics Inc (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for Mink Therapeutics Inc from 2019 to 2024, covering 4 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 Mink Therapeutics Inc (INKT) market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 239803 days $4.57 Billion $19.07K/day $- $4.57 Billion ▲ +239802 days
2021 1 days $23.00K $45.11K/day $- $- ▼ -6 days
2020 7 days $254.00K $38.97K/day $- $- ▼ -19 days
2019 26 days $526.00K $20.33K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)