Nexgel Inc (NXGL) — Defensive Interval Ratio
Nexgel Inc (NXGL) has a Defensive Interval Ratio of 73 days as of March 2026. Defensive assets of $662.00K (cash $-, short-term investments $-, receivables $662.00K) cover 73 days of daily cash needs of $9.08K/day. See NXGL current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Nexgel Inc Defensive Interval Ratio (2016–2025)
This chart shows how Nexgel Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2016 to 2025. As of March 2026, the ratio stands at 73 days, meaning defensive assets of $662.00K can fund 73 days of operations without new revenue. See NXGL net asset quality index to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Nexgel Inc (2016–2025)
The table below presents the year-by-year Defensive Interval Ratio for Nexgel Inc from 2016 to 2025, 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 NXGL stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 83 days | $673.00K | $8.10K/day | $- | $- | ▼ -55 days |
| 2024 | 138 days | $933.00K | $6.77K/day | $- | $- | ▲ +47 days |
| 2023 | 91 days | $633.00K | $6.98K/day | $- | $0.00 | ▼ -2344 days |
| 2022 | 2435 days | $5.73 Million | $2.35K/day | $- | $5.51 Million | ▲ +2408 days |
| 2021 | 26 days | $209.00K | $7.91K/day | $- | $0.00 | ▲ +6 days |
| 2020 | 20 days | $73.00K | $3.65K/day | $- | $- | ▼ -27 days |
| 2019 | 47 days | $102.00K | $2.19K/day | $- | $- | ▲ +16 days |
| 2018 | 30 days | $34.00K | $1.12K/day | $- | $- | ▼ -142 days |
| 2017 | 172 days | $99.00K | $575.34/day | $- | $- | ▲ +102 days |
| 2016 | 70 days | $74.00K | $1.05K/day | $- | $- | — |