Mereo BioPharma Group PLC ADR (MREO) — Defensive Interval Ratio
Mereo BioPharma Group PLC ADR (MREO) has a Defensive Interval Ratio of 181 days as of June 2025. Defensive assets of $3.75 Million (cash $-, short-term investments $-, receivables $3.75 Million) cover 181 days of daily cash needs of $20.70K/day. Check Mereo BioPharma Group PLC ADR tangible equity quality to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Mereo BioPharma Group PLC ADR Defensive Interval Ratio (2015–2024)
This chart shows how Mereo BioPharma Group PLC ADR's Defensive Interval Ratio has evolved across 10 annual periods from 2015 to 2024. As of June 2025, the ratio stands at 181 days, meaning defensive assets of $3.75 Million can fund 181 days of operations without new revenue. Also explore net asset growth rate of Mereo BioPharma Group PLC ADR to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Mereo BioPharma Group PLC ADR (2015–2024)
The table below presents the year-by-year Defensive Interval Ratio for Mereo BioPharma Group PLC ADR from 2015 to 2024, covering 10 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 Mereo BioPharma Group PLC ADR (MREO) total market value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 86 days | $3.25 Million | $37.94K/day | $- | $- | ▼ -58 days |
| 2023 | 144 days | $3.73 Million | $25.99K/day | $- | $- | ▼ -663 days |
| 2022 | 806 days | $53.85 Million | $66.78K/day | $- | $51.10 Million | ▲ +759 days |
| 2021 | 47 days | $2.19 Million | $46.46K/day | $- | $769.47K | ▼ -8 days |
| 2020 | 55 days | $1.76 Million | $32.09K/day | $- | $748.03K | ▼ -62 days |
| 2019 | 117 days | $12.70 Million | $108.44K/day | $- | $720.63K | ▼ -72 days |
| 2018 | 189 days | $8.39 Million | $44.32K/day | $- | $2.50 Million | ▲ +75 days |
| 2017 | 114 days | $3.01 Million | $26.35K/day | $- | $2.50 Million | ▼ -579 days |
| 2016 | 694 days | $6.10 Million | $8.79K/day | $- | $0.00 | ▲ +655 days |
| 2015 | 39 days | $297.34K | $7.72K/day | $- | $0.00 | — |