MeiraGTx Holdings PLC (MGTX) — Defensive Interval Ratio
MeiraGTx Holdings PLC (MGTX) has a Defensive Interval Ratio of 278 days as of June 2026. Defensive assets of $44.26 Million (cash $-, short-term investments $-, receivables $44.26 Million) cover 278 days of daily cash needs of $159.17K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
MeiraGTx Holdings PLC Defensive Interval Ratio (2018–2025)
This chart shows how MeiraGTx Holdings PLC's Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of June 2026, the ratio stands at 278 days, meaning defensive assets of $44.26 Million can fund 278 days of operations without new revenue. For the complete balance sheet picture, see MGTX asset base.
Annual Defensive Interval Ratio for MeiraGTx Holdings PLC (2018–2025)
The table below presents the year-by-year Defensive Interval Ratio for MeiraGTx Holdings PLC from 2018 to 2025, covering 8 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 MeiraGTx Holdings PLC working capital to net assets 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 | 54 days | $18.29 Million | $335.77K/day | $- | $- | ▼ -9 days |
| 2024 | 64 days | $10.63 Million | $166.53K/day | $- | $- | ▼ -64 days |
| 2023 | 127 days | $23.41 Million | $183.78K/day | $- | $- | ▼ -2 days |
| 2022 | 129 days | $29.02 Million | $224.85K/day | $- | $- | ▼ -59 days |
| 2021 | 188 days | $35.02 Million | $186.65K/day | $- | $- | ▼ -186 days |
| 2020 | 374 days | $55.41 Million | $148.35K/day | $- | $- | ▲ +98 days |
| 2019 | 275 days | $37.11 Million | $134.78K/day | $- | $- | ▲ +169 days |
| 2018 | 106 days | $4.52 Million | $42.46K/day | $- | $- | — |