Incannex Healthcare Ltd ADR (IXHL) — Defensive Interval Ratio

Latest as of March 2026: 993 days

Incannex Healthcare Ltd ADR (IXHL) has a Defensive Interval Ratio of 993 days as of March 2026. Defensive assets of $5.24 Million (cash $-, short-term investments $-, receivables $5.24 Million) cover 993 days of daily cash needs of $5.28K/day. See IXHL working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

993 days
Days of operational coverage

Defensive Assets

$5.24 Million
Cash + ST Investments + Receivables

Daily Cash Need

$5.28K
Current Liabilities ÷ 365

Current Liabilities

$1.93 Million
USD

Incannex Healthcare Ltd ADR Defensive Interval Ratio (2006–2025)

This chart shows how Incannex Healthcare Ltd ADR's Defensive Interval Ratio has evolved across 20 annual periods from 2006 to 2025. As of March 2026, the ratio stands at 993 days, meaning defensive assets of $5.24 Million can fund 993 days of operations without new revenue. See Incannex Healthcare Ltd ADR (IXHL) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Incannex Healthcare Ltd ADR (2006–2025)

The table below presents the year-by-year Defensive Interval Ratio for Incannex Healthcare Ltd ADR from 2006 to 2025, covering 20 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 value of Incannex Healthcare Ltd ADR.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 242 days $4.63 Million $19.13K/day $- $- ▼ -409 days
2024 650 days $10.02 Million $15.40K/day $- $- ▲ +623 days
2023 27 days $287.48K $10.52K/day $- $- ▼ -30 days
2022 58 days $318.81K $5.53K/day $- $- ▼ -24 days
2021 82 days $127.04K $1.55K/day $- $- ▼ -59 days
2020 141 days $283.96K $2.02K/day $- $- ▲ +108 days
2019 33 days $84.28K $2.57K/day $- $- ▲ +29 days
2018 3 days $10.47K $3.00K/day $- $- ▼ -79 days
2017 82 days $174.69K $2.12K/day $- $166.58K ▲ +63 days
2016 19 days $55.72K $2.86K/day $- $50.00K ▲ +18 days
2015 2 days $29.51K $15.94K/day $- $21.32K ▼ -30 days
2014 32 days $22.31K $706.01/day $- $- ▼ -242 days
2013 273 days $1.51 Million $5.53K/day $- $- ▲ +218 days
2012 55 days $350.98K $6.33K/day $- $- ▲ +5 days
2011 51 days $331.35K $6.52K/day $- $- ▼ -293 days
2010 344 days $1.17 Million $3.42K/day $- $1.00 Million ▲ +211 days
2009 132 days $68.76K $520.25/day $- $- ▲ +80 days
2008 52 days $139.25K $2.68K/day $- $- ▼ -184 days
2007 236 days $77.17K $327.62/day $- $- ▲ +219 days
2006 17 days $15.56K $939.94/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)