IO Biotech Inc (IOBT) — Defensive Interval Ratio

Latest as of June 2025: 21 days

IO Biotech Inc (IOBT) has a Defensive Interval Ratio of 21 days as of June 2025. Defensive assets of $1.14 Million (cash $-, short-term investments $-, receivables $1.14 Million) cover 21 days of daily cash needs of $54.51K/day. Check how tangible is IO Biotech Inc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

21 days
Days of operational coverage

Defensive Assets

$1.14 Million
Cash + ST Investments + Receivables

Daily Cash Need

$54.51K
Current Liabilities ÷ 365

Current Liabilities

$19.90 Million
USD

IO Biotech Inc Defensive Interval Ratio (2019–2024)

This chart shows how IO Biotech Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 21 days, meaning defensive assets of $1.14 Million can fund 21 days of operations without new revenue. Also explore IOBT net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for IO Biotech Inc (2019–2024)

The table below presents the year-by-year Defensive Interval Ratio for IO Biotech Inc from 2019 to 2024, 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. For live market cap and the full company financial profile, see IO Biotech Inc stock valuation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 21 days $1.13 Million $53.39K/day $- $- ▼ -5 days
2023 26 days $1.13 Million $43.06K/day $- $- ▼ -26 days
2022 52 days $1.53 Million $29.25K/day $- $- ▼ -22 days
2021 74 days $2.09 Million $28.23K/day $- $- ▼ -105 days
2020 180 days $1.50 Million $8.36K/day $- $- ▲ +138 days
2019 42 days $1.23 Million $29.70K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)