Praxis Precision Medicines Inc (PRAX) — Defensive Interval Ratio
Praxis Precision Medicines Inc (PRAX) has a Defensive Interval Ratio of 1820 days as of March 2026. Defensive assets of $250.53 Million (cash $-, short-term investments $250.53 Million, receivables $-) cover 1820 days of daily cash needs of $137.65K/day. Check tangible equity quality of Praxis Precision Medicines Inc to evaluate the tangible quality of the company's equity base.
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 March 2026, the ratio stands at 1820 days, meaning defensive assets of $250.53 Million can fund 1820 days of operations without new revenue. Also explore PRAX net asset momentum to track the company's year-over-year net asset growth rate.
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. For live market cap and the full company financial profile, see market cap of Praxis Precision Medicines Inc.
| 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 | — |