Phio Pharmaceuticals Corp (PHIO) — Defensive Interval Ratio

Latest as of September 2018: 9 days

Phio Pharmaceuticals Corp (PHIO) has a Defensive Interval Ratio of 9 days as of September 2018. Defensive assets of $50.00K (cash $-, short-term investments $50.00K, receivables $-) cover 9 days of daily cash needs of $5.64K/day. See Phio Pharmaceuticals Corp short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

9 days
Days of operational coverage

Defensive Assets

$50.00K
Cash + ST Investments + Receivables

Daily Cash Need

$5.64K
Current Liabilities ÷ 365

Current Liabilities

$2.06 Million
USD

Phio Pharmaceuticals Corp Defensive Interval Ratio (2011–2017)

This chart shows how Phio Pharmaceuticals Corp's Defensive Interval Ratio has evolved across 7 annual periods from 2011 to 2017. As of September 2018, the ratio stands at 9 days, meaning defensive assets of $50.00K can fund 9 days of operations without new revenue. See Phio Pharmaceuticals Corp net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Phio Pharmaceuticals Corp (2011–2017)

The table below presents the year-by-year Defensive Interval Ratio for Phio Pharmaceuticals Corp from 2011 to 2017, covering 7 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 Phio Pharmaceuticals Corp market cap and net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2017 8 days $50.00K $6.21K/day $- $50.00K ▲ +8 days
2016 0 days $0.00 $6.96K/day $- $0.00 ▼ -885 days
2015 885 days $5.50 Million $6.22K/day $- $5.50 Million ▲ +871 days
2014 14 days $50.00K $3.65K/day $- $50.00K ▼ -514 days
2013 527 days $3.00 Million $5.69K/day $- $3.00 Million ▲ +516 days
2012 12 days $53.00K $4.60K/day $- $53.00K ▼ -111 days
2011 123 days $597.00K $4.87K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)