ENDRA Life Sciences Inc Defensive Interval Ratio
ENDRA Life Sciences Inc defensive interval ratio. ENDRA Life Sciences Inc (NDRA) has a Defensive Interval Ratio of -733 days as of June 2024. Defensive assets of $-2.71 Million (cash $-, short-term investments $-, receivables $-2.71 Million) cover -733 days of daily cash needs of $3.70K/day. See NDRA net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of ENDRA Life Sciences Inc (2015–2023)
Defensive interval ratio of ENDRA Life Sciences Inc from 2015 to 2023. This chart shows how ENDRA Life Sciences Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2015 to 2023. As of June 2024, the ratio stands at -733 days, meaning defensive assets of $-2.71 Million can fund -733 days of operations without new revenue. Read ENDRA Life Sciences Inc debt and liabilities for a breakdown of total debt and financial obligations.
ENDRA Life Sciences Inc Defensive Interval Ratio by Year (2015–2023)
ENDRA Life Sciences Inc defensive interval ratio by year from 2015 to 2023. The table below presents the year-by-year Defensive Interval Ratio for ENDRA Life Sciences Inc from 2015 to 2023, covering 7 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 NDRA total assets.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | -1060 days | $-2.62 Million | $2.47K/day | $- | $- | ▼ -741 days |
| 2021 | -319 days | $-1.35 Million | $4.23K/day | $- | $- | ▼ -463 days |
| 2020 | 145 days | $390.80K | $2.70K/day | $- | $- | ▲ +124 days |
| 2019 | 21 days | $116.75K | $5.68K/day | $- | $- | ▼ -34 days |
| 2018 | 54 days | $145.42K | $2.67K/day | $- | $- | ▲ +52 days |
| 2017 | 3 days | $6.85K | $2.32K/day | $- | $- | ▲ +3 days |
| 2015 | 0 days | $0.00 | $647.73/day | $- | $- | — |