Pasithea Therapeutics Corp (KTTA) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see Pasithea Therapeutics Corp asset portfolio.
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. See how liquid is Pasithea Therapeutics Corp's working capital to evaluate short-term liquidity relative to the company's equity base.
| 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 | $- | $- | — |