Oncternal Therapeutics Inc (ONCT) — Defensive Interval Ratio

Latest as of September 2024: 104 days

Oncternal Therapeutics Inc (ONCT) has a Defensive Interval Ratio of 104 days as of September 2024. Defensive assets of $1.84 Million (cash $-, short-term investments $1.50 Million, receivables $344.00K) cover 104 days of daily cash needs of $17.68K/day. Check Oncternal Therapeutics Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

104 days
Days of operational coverage

Defensive Assets

$1.84 Million
Cash + ST Investments + Receivables

Daily Cash Need

$17.68K
Current Liabilities ÷ 365

Current Liabilities

$6.45 Million
USD

Oncternal Therapeutics Inc Defensive Interval Ratio (2003–2023)

This chart shows how Oncternal Therapeutics Inc's Defensive Interval Ratio has evolved across 18 annual periods from 2003 to 2023. As of September 2024, the ratio stands at 104 days, meaning defensive assets of $1.84 Million can fund 104 days of operations without new revenue. Also explore Oncternal Therapeutics Inc (ONCT) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Oncternal Therapeutics Inc (2003–2023)

The table below presents the year-by-year Defensive Interval Ratio for Oncternal Therapeutics Inc from 2003 to 2023, covering 18 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 Oncternal Therapeutics Inc worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 1979 days $28.19 Million $14.24K/day $- $27.56 Million ▲ +708 days
2022 1271 days $26.76 Million $21.05K/day $- $26.58 Million ▲ +1208 days
2021 63 days $944.00K $14.97K/day $- $0.00 ▲ +49 days
2018 14 days $200.00K $14.27K/day $- $200.00K ▼ -1271 days
2017 1285 days $28.08 Million $21.85K/day $- $28.08 Million ▲ +259 days
2016 1026 days $12.96 Million $12.63K/day $- $12.96 Million ▲ +842 days
2015 184 days $15.20 Million $82.66K/day $- $15.20 Million ▼ -166 days
2014 350 days $31.41 Million $89.84K/day $- $31.41 Million ▲ +334 days
2013 16 days $200.00K $12.51K/day $- $200.00K ▼ -294 days
2012 310 days $8.05 Million $26.01K/day $- $8.04 Million ▼ -392 days
2011 701 days $11.68 Million $16.65K/day $- $10.70 Million ▲ +623 days
2010 78 days $1.13 Million $14.53K/day $- $450.00K ▼ -138 days
2009 216 days $9.42 Million $43.70K/day $- $8.82 Million ▲ +156 days
2008 60 days $3.42 Million $57.47K/day $- $2.16 Million ▼ -897 days
2007 956 days $50.65 Million $52.96K/day $- $9.81 Million ▲ +954 days
2006 2 days $61.00K $28.32K/day $- $- ▼ -7 days
2005 9 days $153.00K $16.37K/day $- $- ▲ +51 days
2003 -41 days $-255.00K $6.16K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)