Lipocine Inc (LPCN) — Defensive Interval Ratio
Lipocine Inc (LPCN) has a Defensive Interval Ratio of 3279 days as of June 2026. Defensive assets of $18.58 Million (cash $-, short-term investments $18.29 Million, receivables $291.16K) cover 3279 days of daily cash needs of $5.67K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Lipocine Inc Defensive Interval Ratio (2012–2025)
This chart shows how Lipocine Inc's Defensive Interval Ratio has evolved across 14 annual periods from 2012 to 2025. As of June 2026, the ratio stands at 3279 days, meaning defensive assets of $18.58 Million can fund 3279 days of operations without new revenue. For the complete balance sheet picture, see LPCN current and non-current assets.
Annual Defensive Interval Ratio for Lipocine Inc (2012–2025)
The table below presents the year-by-year Defensive Interval Ratio for Lipocine Inc from 2012 to 2025, covering 14 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 working capital to net assets of Lipocine Inc 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) |
|---|---|---|---|---|---|---|
| 2025 | 1406 days | $9.74 Million | $6.93K/day | $- | $9.72 Million | ▼ -2345 days |
| 2024 | 3751 days | $15.55 Million | $4.15K/day | $- | $15.43 Million | ▲ +1349 days |
| 2023 | 2402 days | $17.32 Million | $7.21K/day | $- | $17.26 Million | ▼ -4132 days |
| 2022 | 6534 days | $30.04 Million | $4.60K/day | $- | $29.38 Million | ▲ +3810 days |
| 2021 | 2724 days | $41.91 Million | $15.39K/day | $- | $41.67 Million | ▲ +2699 days |
| 2020 | 25 days | $450.38K | $18.04K/day | $- | $449.99K | ▼ -295 days |
| 2019 | 320 days | $4.36 Million | $13.60K/day | $- | $4.34 Million | ▼ -266 days |
| 2018 | 586 days | $7.21 Million | $12.31K/day | $- | $7.17 Million | ▼ -657 days |
| 2017 | 1243 days | $21.60 Million | $17.38K/day | $- | $18.26 Million | ▼ -4625 days |
| 2016 | 5867 days | $21.32 Million | $3.63K/day | $- | $21.28 Million | ▲ +3229 days |
| 2015 | 2639 days | $24.52 Million | $9.29K/day | $- | $24.38 Million | ▲ +2639 days |
| 2014 | 0 days | $0.00 | $4.48K/day | $- | $0.00 | ▲ +0 days |
| 2013 | 0 days | $0.00 | $3.52K/day | $- | $0.00 | ▲ +0 days |
| 2012 | 0 days | $0.00 | $32.58/day | $- | $0.00 | — |