ENDRA Life Sciences Inc (NDRA) — 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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
ENDRA Life Sciences Inc Defensive Interval Ratio (2015–2023)
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. For the complete balance sheet picture, see how large is ENDRA Life Sciences Inc's balance sheet.
Annual Defensive Interval Ratio for ENDRA Life Sciences Inc (2015–2023)
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. See ENDRA Life Sciences Inc 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) |
|---|---|---|---|---|---|---|
| 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 | $- | $- | — |