Praxis Precision Medicines Inc (PRAX) — Defensive Interval Ratio
Praxis Precision Medicines Inc (PRAX) has a Defensive Interval Ratio of 2111 days as of June 2026. Defensive assets of $283.79 Million (cash $-, short-term investments $283.79 Million, receivables $-) cover 2111 days of daily cash needs of $134.41K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Praxis Precision Medicines Inc Defensive Interval Ratio (2020–2025)
This chart shows how Praxis Precision Medicines Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of June 2026, the ratio stands at 2111 days, meaning defensive assets of $283.79 Million can fund 2111 days of operations without new revenue. For the complete balance sheet picture, see total assets of Praxis Precision Medicines Inc.
Annual Defensive Interval Ratio for Praxis Precision Medicines Inc (2020–2025)
The table below presents the year-by-year Defensive Interval Ratio for Praxis Precision Medicines Inc from 2020 to 2025, covering 6 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 PRAX current assets to equity ratio 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 | 1478 days | $242.00 Million | $163.76K/day | $- | $242.00 Million | ▼ -245 days |
| 2024 | 1722 days | $177.19 Million | $102.88K/day | $- | $177.19 Million | ▲ +1722 days |
| 2023 | 0 days | $0.00 | $43.15K/day | $- | $0.00 | ▼ -399 days |
| 2022 | 399 days | $38.87 Million | $97.32K/day | $- | $38.87 Million | ▼ -932 days |
| 2021 | 1331 days | $137.21 Million | $103.08K/day | $- | $137.21 Million | ▲ +1331 days |
| 2020 | 0 days | $0.00 | $43.07K/day | $- | $0.00 | — |