Omega Therapeutics Inc (OMGA) — Defensive Interval Ratio

Latest as of September 2024: 7 days

Omega Therapeutics Inc (OMGA) has a Defensive Interval Ratio of 7 days as of September 2024. Defensive assets of $486.00K (cash $-, short-term investments $0.00, receivables $486.00K) cover 7 days of daily cash needs of $66.23K/day. Check Omega Therapeutics Inc (OMGA) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

7 days
Days of operational coverage

Defensive Assets

$486.00K
Cash + ST Investments + Receivables

Daily Cash Need

$66.23K
Current Liabilities ÷ 365

Current Liabilities

$24.17 Million
USD

Omega Therapeutics Inc Defensive Interval Ratio (2019–2023)

This chart shows how Omega Therapeutics Inc's Defensive Interval Ratio has evolved across 5 annual periods from 2019 to 2023. As of September 2024, the ratio stands at 7 days, meaning defensive assets of $486.00K can fund 7 days of operations without new revenue. Also explore net asset growth rate of Omega Therapeutics Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Omega Therapeutics Inc (2019–2023)

The table below presents the year-by-year Defensive Interval Ratio for Omega Therapeutics Inc from 2019 to 2023, covering 5 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 market cap of Omega Therapeutics Inc.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 163 days $11.97 Million $73.44K/day $- $4.99 Million ▼ -765 days
2022 928 days $55.86 Million $60.18K/day $- $54.06 Million ▼ -271 days
2021 1199 days $39.37 Million $32.83K/day $- $38.84 Million ▲ +1190 days
2020 9 days $193.00K $21.09K/day $- $0.00 ▲ +8 days
2019 1 days $5.00K $6.10K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)