Lantern Pharma Inc Defensive Interval Ratio
Lantern Pharma Inc defensive interval ratio. Lantern Pharma Inc (LTRN) has a Defensive Interval Ratio of 59 days as of June 2026. Defensive assets of $701.09K (cash $-, short-term investments $701.09K, receivables $-) cover 59 days of daily cash needs of $11.84K/day. See Lantern Pharma Inc current assets vs equity to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Lantern Pharma Inc (2020–2025)
Defensive interval ratio of Lantern Pharma Inc from 2020 to 2025. This chart shows how Lantern Pharma Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at 59 days, meaning defensive assets of $701.09K can fund 59 days of operations without new revenue. Check Lantern Pharma Inc (LTRN) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Lantern Pharma Inc Defensive Interval Ratio by Year (2020–2025)
Lantern Pharma Inc defensive interval ratio by year from 2020 to 2025. The table below presents the year-by-year Defensive Interval Ratio for Lantern Pharma Inc from 2020 to 2025, covering 6 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 the complete balance sheet picture, see LTRN total asset value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 464 days | $5.73 Million | $12.33K/day | $- | $5.70 Million | ▼ -935 days |
| 2024 | 1399 days | $16.60 Million | $11.87K/day | $- | $16.50 Million | ▼ -1358 days |
| 2023 | 2756 days | $20.22 Million | $7.34K/day | $- | $19.36 Million | ▲ +332 days |
| 2022 | 2424 days | $18.59 Million | $7.67K/day | $- | $17.99 Million | ▼ -617 days |
| 2021 | 3041 days | $19.38 Million | $6.37K/day | $- | $19.20 Million | ▲ +3041 days |
| 2020 | 0 days | $0.00 | $1.51K/day | $- | $0.00 | — |