Processa Pharmaceuticals Inc Defensive Interval Ratio
Processa Pharmaceuticals Inc defensive interval ratio. Processa Pharmaceuticals Inc (PCSA) has a Defensive Interval Ratio of 8 days as of March 2024. Defensive assets of $22.30K (cash $-, short-term investments $-, receivables $22.30K) cover 8 days of daily cash needs of $2.77K/day. See PCSA working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Processa Pharmaceuticals Inc (2011–2021)
Defensive interval ratio of Processa Pharmaceuticals Inc from 2011 to 2021. This chart shows how Processa Pharmaceuticals Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2011 to 2021. As of March 2024, the ratio stands at 8 days, meaning defensive assets of $22.30K can fund 8 days of operations without new revenue. Check PCSA asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Processa Pharmaceuticals Inc Defensive Interval Ratio by Year (2011–2021)
Processa Pharmaceuticals Inc defensive interval ratio by year from 2011 to 2021. The table below presents the year-by-year Defensive Interval Ratio for Processa Pharmaceuticals Inc from 2011 to 2021, covering 10 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 the complete balance sheet picture, see Processa Pharmaceuticals Inc asset portfolio.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 26 days | $70.27K | $2.66K/day | $- | $- | ▼ -43 days |
| 2020 | 69 days | $231.75K | $3.35K/day | $- | $- | ▲ +57 days |
| 2018 | 12 days | $21.58K | $1.77K/day | $- | $0.00 | ▼ -140 days |
| 2017 | 152 days | $1.08 Million | $7.12K/day | $- | $1.02 Million | ▼ -27 days |
| 2016 | 179 days | $1.02 Million | $5.71K/day | $- | $1.02 Million | ▲ +179 days |
| 2015 | 0 days | $0.00 | $5.71K/day | $- | $0.00 | ▼ -1 days |
| 2014 | 1 days | $1.31K | $2.30K/day | $- | $- | ▼ -6 days |
| 2013 | 6 days | $19.20K | $3.07K/day | $- | $- | ▼ -9 days |
| 2012 | 16 days | $30.45K | $1.96K/day | $- | $- | ▲ +5 days |
| 2011 | 10 days | $9.50K | $905.81/day | $- | $- | — |