Portage Biotech Inc (PRTG) — Defensive Interval Ratio

Latest as of September 2024: 238 days

Portage Biotech Inc (PRTG) has a Defensive Interval Ratio of 238 days as of September 2024. Defensive assets of $570.00K (cash $-, short-term investments $-, receivables $570.00K) cover 238 days of daily cash needs of $2.39K/day. Check tangible equity quality of Portage Biotech Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

238 days
Days of operational coverage

Defensive Assets

$570.00K
Cash + ST Investments + Receivables

Daily Cash Need

$2.39K
Current Liabilities ÷ 365

Current Liabilities

$873.00K
USD

Portage Biotech Inc Defensive Interval Ratio (2000–2024)

This chart shows how Portage Biotech Inc's Defensive Interval Ratio has evolved across 25 annual periods from 2000 to 2024. As of September 2024, the ratio stands at 238 days, meaning defensive assets of $570.00K can fund 238 days of operations without new revenue. Also explore PRTG net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Portage Biotech Inc (2000–2024)

The table below presents the year-by-year Defensive Interval Ratio for Portage Biotech Inc from 2000 to 2024, covering 25 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 Portage Biotech Inc stock valuation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 5 days $39.00K $7.89K/day $- $- ▼ -129 days
2023 133 days $682.00K $5.11K/day $- $- ▲ +36 days
2022 97 days $209.00K $2.15K/day $- $- ▲ +20 days
2021 78 days $683.00K $8.79K/day $- $0.00 ▼ -12 days
2020 89 days $628.00K $7.04K/day $- $68.00K ▲ +57 days
2019 32 days $158.00K $4.92K/day $- $103.00K ▼ -198 days
2018 230 days $80.00K $347.95/day $- $52.00K ▼ -196989 days
2017 197219 days $58.93 Million $298.80/day $- $58.91 Million ▲ +197213 days
2016 6 days $4.78K $821.21/day $- $- ▼ -5 days
2015 10 days $17.57K $1.70K/day $- $- ▼ -422 days
2014 432 days $227.23K $525.95/day $- $- ▲ +345 days
2013 87 days $106.68K $1.22K/day $- $- ▼ -934 days
2012 1021 days $7.45 Million $7.29K/day $- $228.12K ▼ -87 days
2011 1108 days $2.07 Million $1.87K/day $- $1.96 Million ▲ +954 days
2010 154 days $1.46 Million $9.46K/day $- $1.33 Million ▼ -2751 days
2009 2905 days $958.32K $329.84/day $- $864.47K ▼ -19901 days
2008 22806 days $3.58 Million $157.10/day $- $3.53 Million ▼ -2172 days
2007 24978 days $2.87 Million $115.07/day $- $2.87 Million ▲ +20988 days
2006 3991 days $1.55 Million $387.73/day $- $1.53 Million ▲ +3687 days
2005 303 days $85.43K $281.56/day $- $63.15K ▲ +284 days
2004 20 days $35.71K $1.81K/day $- $- ▲ +10 days
2003 9 days $6.01K $640.55/day $- $- ▼ -28 days
2002 37 days $12.91K $346.52/day $- $- ▼ -1486 days
2001 1523 days $394.86K $259.24/day $- $24.16K ▲ +368 days
2000 1155 days $480.04K $415.54/day $- $480.04K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)