OnKure Therapeutics, Inc. (OKUR) — Defensive Interval Ratio

Latest as of September 2024: 1796 days

OnKure Therapeutics, Inc. (OKUR) has a Defensive Interval Ratio of 1796 days as of September 2024. Defensive assets of $15.98 Million (cash $-, short-term investments $15.98 Million, receivables $-) cover 1796 days of daily cash needs of $8.90K/day. Check OnKure Therapeutics, Inc. (OKUR) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1796 days
Days of operational coverage

Defensive Assets

$15.98 Million
Cash + ST Investments + Receivables

Daily Cash Need

$8.90K
Current Liabilities ÷ 365

Current Liabilities

$3.25 Million
USD

OnKure Therapeutics, Inc. Defensive Interval Ratio (2021–2022)

This chart shows how OnKure Therapeutics, Inc.'s Defensive Interval Ratio has evolved across 2 annual periods from 2021 to 2022. As of September 2024, the ratio stands at 1796 days, meaning defensive assets of $15.98 Million can fund 1796 days of operations without new revenue. Also explore net asset momentum of OnKure Therapeutics, Inc. to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for OnKure Therapeutics, Inc. (2021–2022)

The table below presents the year-by-year Defensive Interval Ratio for OnKure Therapeutics, Inc. from 2021 to 2022, covering 2 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 OnKure Therapeutics, Inc. market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 5351 days $81.25 Million $15.18K/day $- $81.25 Million ▲ +3997 days
2021 1354 days $23.01 Million $16.99K/day $- $23.01 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)