NervGen Pharma Corp. (NGEN) — Defensive Interval Ratio

Latest as of December 2025: 2 days

NervGen Pharma Corp. (NGEN) has a Defensive Interval Ratio of 2 days as of December 2025. Defensive assets of $89.19K (cash $-, short-term investments $8.37K, receivables $80.83K) cover 2 days of daily cash needs of $54.06K/day. Check NervGen Pharma Corp. (NGEN) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

$89.19K
Cash + ST Investments + Receivables

Daily Cash Need

$54.06K
Current Liabilities ÷ 365

Current Liabilities

$19.73 Million
USD

NervGen Pharma Corp. Defensive Interval Ratio (2018–2025)

This chart shows how NervGen Pharma Corp.'s Defensive Interval Ratio has evolved across 8 annual periods from 2018 to 2025. As of December 2025, the ratio stands at 2 days, meaning defensive assets of $89.19K can fund 2 days of operations without new revenue. Also explore net asset momentum of NervGen Pharma Corp. to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for NervGen Pharma Corp. (2018–2025)

The table below presents the year-by-year Defensive Interval Ratio for NervGen Pharma Corp. 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 NGEN market cap overview.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 2 days $89.19K $54.06K/day $- $8.37K ▼ -9 days
2024 11 days $356.16K $32.18K/day $- $67.57K ▲ +5 days
2023 6 days $188.78K $31.30K/day $- $0.00 ▲ +5 days
2022 1 days $19.94K $20.65K/day $- $- ▼ -21 days
2021 22 days $50.60K $2.34K/day $- $- ▼ -9 days
2020 30 days $49.13K $1.62K/day $- $- ▼ -18 days
2019 48 days $94.47K $1.95K/day $- $- ▲ +27 days
2018 21 days $18.92K $900.42/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)