PDS Biotechnology Corp (PDSB) — Defensive Interval Ratio

Latest as of September 2024: 989141 days

PDS Biotechnology Corp (PDSB) has a Defensive Interval Ratio of 989141 days as of September 2024. Defensive assets of $49.70 Billion (cash $-, short-term investments $49.70 Billion, receivables $-) cover 989141 days of daily cash needs of $50.25K/day. See how liquid is PDS Biotechnology Corp's working capital to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

989141 days
Days of operational coverage

Defensive Assets

$49.70 Billion
Cash + ST Investments + Receivables

Daily Cash Need

$50.25K
Current Liabilities ÷ 365

Current Liabilities

$18.34 Million
USD

PDS Biotechnology Corp Defensive Interval Ratio (2013–2017)

This chart shows how PDS Biotechnology Corp's Defensive Interval Ratio has evolved across 3 annual periods from 2013 to 2017. As of September 2024, the ratio stands at 989141 days, meaning defensive assets of $49.70 Billion can fund 989141 days of operations without new revenue. See net asset quality index of PDS Biotechnology Corp to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for PDS Biotechnology Corp (2013–2017)

The table below presents the year-by-year Defensive Interval Ratio for PDS Biotechnology Corp from 2013 to 2017, covering 3 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 PDS Biotechnology Corp market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2017 0 days $3.90K $35.25K/day $- $- ▼ -1 days
2016 1 days $13.49K $18.31K/day $- $- ▼ -93 days
2013 94 days $459.02K $4.90K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)