PicoCELA Inc. American Depositary Shares (PCLA) — Defensive Interval Ratio
PicoCELA Inc. American Depositary Shares (PCLA) has a Defensive Interval Ratio of 85 days as of December 2025. Defensive assets of $109.63 Million (cash $-, short-term investments $-, receivables $109.63 Million) cover 85 days of daily cash needs of $1.29 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
PicoCELA Inc. American Depositary Shares Defensive Interval Ratio (2022–2025)
This chart shows how PicoCELA Inc. American Depositary Shares's Defensive Interval Ratio has evolved across 4 annual periods from 2022 to 2025. As of December 2025, the ratio stands at 85 days, meaning defensive assets of $109.63 Million can fund 85 days of operations without new revenue. For the complete balance sheet picture, see total assets of PicoCELA Inc. American Depositary Shares.
Annual Defensive Interval Ratio for PicoCELA Inc. American Depositary Shares (2022–2025)
The table below presents the year-by-year Defensive Interval Ratio for PicoCELA Inc. American Depositary Shares from 2022 to 2025, covering 4 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital position of PicoCELA Inc. American Depositary Shares to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2025 | 85 days | $109.63 Million | $1.29 Million/day | $- | $- | ▼ -104 days |
| 2024 | 189 days | $225.75 Million | $1.19 Million/day | $- | $- | ▼ -104 days |
| 2023 | 293 days | $294.84 Million | $1.00 Million/day | $- | $- | ▼ -186 days |
| 2022 | 480 days | $271.50 Million | $565.73K/day | $- | $- | — |