Trxade Group Inc (MEDS) — Defensive Interval Ratio
Trxade Group Inc (MEDS) has a Defensive Interval Ratio of 446 days as of June 2024. Defensive assets of $3.54 Million (cash $-, short-term investments $-, receivables $3.54 Million) cover 446 days of daily cash needs of $7.95K/day. Explore how much of Trxade Group Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Trxade Group Inc Defensive Interval Ratio (2012–2023)
This chart shows how Trxade Group Inc's Defensive Interval Ratio has evolved across 12 annual periods from 2012 to 2023. As of June 2024, the ratio stands at 446 days, meaning defensive assets of $3.54 Million can fund 446 days of operations without new revenue. Read MEDS liabilities breakdown for a breakdown of total debt and financial obligations.
Annual Defensive Interval Ratio for Trxade Group Inc (2012–2023)
The table below presents the year-by-year Defensive Interval Ratio for Trxade Group Inc from 2012 to 2023, covering 12 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 total assets of Trxade Group Inc.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 79 days | $2.49 Million | $31.66K/day | $- | $- | ▼ -28 days |
| 2022 | 107 days | $629.92K | $5.88K/day | $- | $- | ▼ -279 days |
| 2021 | 386 days | $978.97K | $2.54K/day | $- | $- | ▼ -434 days |
| 2020 | 820 days | $1.89 Million | $2.31K/day | $- | $- | ▲ +265 days |
| 2019 | 555 days | $792.05K | $1.43K/day | $- | $- | ▲ +371 days |
| 2018 | 184 days | $433.63K | $2.36K/day | $- | $- | ▼ -38 days |
| 2017 | 222 days | $319.47K | $1.44K/day | $- | $- | ▲ +148 days |
| 2016 | 74 days | $299.11K | $4.04K/day | $- | $- | ▼ -99 days |
| 2015 | 173 days | $498.10K | $2.88K/day | $- | $- | ▼ -57 days |
| 2014 | 230 days | $349.02K | $1.52K/day | $- | $- | ▼ -125 days |
| 2013 | 355 days | $265.86K | $747.95/day | $- | $- | ▼ -55 days |
| 2012 | 410 days | $113.70K | $277.24/day | $- | $- | — |