Legend Biotech Corp (LEGN) — Defensive Interval Ratio
Legend Biotech Corp (LEGN) has a Defensive Interval Ratio of 269 days as of March 2026. Defensive assets of $374.81 Million (cash $-, short-term investments $188.21 Million, receivables $186.61 Million) cover 269 days of daily cash needs of $1.39 Million/day. See LEGN working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Legend Biotech Corp Defensive Interval Ratio (2017–2025)
This chart shows how Legend Biotech Corp's Defensive Interval Ratio has evolved across 9 annual periods from 2017 to 2025. As of March 2026, the ratio stands at 269 days, meaning defensive assets of $374.81 Million can fund 269 days of operations without new revenue. See Legend Biotech Corp net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Legend Biotech Corp (2017–2025)
The table below presents the year-by-year Defensive Interval Ratio for Legend Biotech Corp from 2017 to 2025, covering 9 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 Legend Biotech Corp.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 170 days | $297.00 Million | $1.74 Million/day | $- | $46.70 Million | ▼ -1093 days |
| 2024 | 1263 days | $960.82 Million | $760.67K/day | $- | $835.93 Million | ▲ +946 days |
| 2023 | 317 days | $188.06 Million | $592.93K/day | $- | $31.00 Million | ▼ -31 days |
| 2022 | 348 days | $284.13 Million | $815.86K/day | $- | $239.62 Million | ▼ -53 days |
| 2021 | 401 days | $252.00 Million | $627.96K/day | $- | $193.46 Million | ▼ -18 days |
| 2020 | 419 days | $132.62 Million | $316.62K/day | $- | $50.00 Million | ▲ +101 days |
| 2019 | 318 days | $111.32 Million | $350.03K/day | $- | $75.56 Million | ▲ +55 days |
| 2018 | 263 days | $114.58 Million | $436.12K/day | $- | $6.01 Million | ▼ -1339 days |
| 2017 | 1602 days | $228.74 Million | $142.80K/day | $- | $- | — |