Pasithea Therapeutics Corp (KTTA) — Defensive Interval Ratio

Latest as of September 2024: 5168724 days

Pasithea Therapeutics Corp (KTTA) has a Defensive Interval Ratio of 5168724 days as of September 2024. Defensive assets of $9.35 Billion (cash $-, short-term investments $9.35 Billion, receivables $-) cover 5168724 days of daily cash needs of $1.81K/day. Check Pasithea Therapeutics Corp tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

5168724 days
Days of operational coverage

Defensive Assets

$9.35 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$1.81K
Current Liabilities ÷ 365

Current Liabilities

$660.40K
USD

Pasithea Therapeutics Corp Defensive Interval Ratio (2022–2024)

This chart shows how Pasithea Therapeutics Corp's Defensive Interval Ratio has evolved across 3 annual periods from 2022 to 2024. As of September 2024, the ratio stands at 5168724 days, meaning defensive assets of $9.35 Billion can fund 5168724 days of operations without new revenue. Also explore Pasithea Therapeutics Corp equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Pasithea Therapeutics Corp (2022–2024)

The table below presents the year-by-year Defensive Interval Ratio for Pasithea Therapeutics Corp from 2022 to 2024, covering 3 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 KTTA stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 2254071 days $6.92 Billion $3.07K/day $- $6.92 Billion ▲ +2254066 days
2023 6 days $40.50K $7.22K/day $- $- ▼ -53 days
2022 59 days $302.13K $5.14K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)