Moderna Inc (MRNA) — Defensive Interval Ratio

Latest as of March 2026: 525 days

Moderna Inc (MRNA) has a Defensive Interval Ratio of 525 days as of March 2026. Defensive assets of $3.44 Billion (cash $-, short-term investments $3.30 Billion, receivables $147.00 Million) cover 525 days of daily cash needs of $6.56 Million/day. Check MRNA tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

525 days
Days of operational coverage

Defensive Assets

$3.44 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$6.56 Million
Current Liabilities ÷ 365

Current Liabilities

$2.40 Billion
USD

Moderna Inc Defensive Interval Ratio (2014–2025)

This chart shows how Moderna Inc's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2025. As of March 2026, the ratio stands at 525 days, meaning defensive assets of $3.44 Billion can fund 525 days of operations without new revenue. Also explore Moderna Inc equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Moderna Inc (2014–2025)

The table below presents the year-by-year Defensive Interval Ratio for Moderna Inc from 2014 to 2025, covering 11 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 how much is Moderna Inc worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 622 days $3.39 Billion $5.44 Million/day $- $3.20 Billion ▼ -319 days
2024 941 days $5.69 Billion $6.04 Million/day $- $5.10 Billion ▲ +121 days
2023 821 days $6.78 Billion $8.26 Million/day $- $5.70 Billion ▲ +199 days
2022 621 days $8.38 Billion $13.49 Million/day $- $6.70 Billion ▲ +333 days
2021 288 days $7.20 Billion $25.01 Million/day $- $3.88 Billion ▲ +6 days
2020 282 days $3.39 Billion $12.02 Million/day $- $1.98 Billion ▼ -1971 days
2019 2253 days $883.42 Million $392.10K/day $- $867.12 Million ▲ +789 days
2018 1464 days $893.65 Million $610.42K/day $- $863.06 Million ▲ +248 days
2017 1216 days $637.83 Million $524.55K/day $- $621.17 Million ▼ -1084 days
2016 2300 days $1.03 Billion $446.03K/day $- $1.01 Billion ▲ +2206 days
2014 94 days $500.00K $5.32K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)