NextCure  Inc (NXTC) — Defensive Interval Ratio

Latest as of September 2025: 723 days

NextCure  Inc (NXTC) has a Defensive Interval Ratio of 723 days as of September 2025. Defensive assets of $21.79 Million (cash $-, short-term investments $21.79 Million, receivables $-) cover 723 days of daily cash needs of $30.12K/day. Check NextCure  Inc (NXTC) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

723 days
Days of operational coverage

Defensive Assets

$21.79 Million
Cash + ST Investments + Receivables

Daily Cash Need

$30.12K
Current Liabilities ÷ 365

Current Liabilities

$10.99 Million
USD

NextCure  Inc Defensive Interval Ratio (2017–2024)

This chart shows how NextCure  Inc's Defensive Interval Ratio has evolved across 8 annual periods from 2017 to 2024. As of September 2025, the ratio stands at 723 days, meaning defensive assets of $21.79 Million can fund 723 days of operations without new revenue. Also explore net asset growth rate of NextCure  Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for NextCure  Inc (2017–2024)

The table below presents the year-by-year Defensive Interval Ratio for NextCure  Inc from 2017 to 2024, 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 how much is NextCure  Inc worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 1570 days $41.19 Million $26.23K/day $- $40.89 Million ▼ -3521 days
2023 5092 days $96.02 Million $18.86K/day $- $95.22 Million ▼ -266 days
2022 5358 days $133.98 Million $25.01K/day $- $133.28 Million ▼ -6090 days
2021 11448 days $207.25 Million $18.10K/day $- $207.25 Million ▲ +2586 days
2020 8862 days $250.68 Million $28.29K/day $- $250.68 Million ▲ +1570 days
2019 7292 days $300.51 Million $41.21K/day $- $300.51 Million ▲ +7292 days
2018 0 days $0.00 $28.21K/day $- $0.00 ▲ +0 days
2017 0 days $0.00 $8.56K/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)