MeiraGTx Holdings PLC (MGTX) — Defensive Interval Ratio

Latest as of December 2025: 9 days

MeiraGTx Holdings PLC (MGTX) has a Defensive Interval Ratio of 9 days as of December 2025. Defensive assets of $3.00 Million (cash $-, short-term investments $-, receivables $3.00 Million) cover 9 days of daily cash needs of $335.77K/day. Check MeiraGTx Holdings PLC tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

9 days
Days of operational coverage

Defensive Assets

$3.00 Million
Cash + ST Investments + Receivables

Daily Cash Need

$335.77K
Current Liabilities ÷ 365

Current Liabilities

$122.56 Million
USD

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 December 2025, the ratio stands at 9 days, meaning defensive assets of $3.00 Million can fund 9 days of operations without new revenue. Also explore MGTX net asset momentum to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see MGTX stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 9 days $3.00 Million $335.77K/day $- $- ▼ -55 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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)