Petros Pharmaceuticals Inc (PTPI) — Defensive Interval Ratio

Latest as of December 2024: 8 days

Petros Pharmaceuticals Inc (PTPI) has a Defensive Interval Ratio of 8 days as of December 2024. Defensive assets of $416.08K (cash $-, short-term investments $-, receivables $416.08K) cover 8 days of daily cash needs of $49.39K/day. Check tangible net worth ratio of Petros Pharmaceuticals Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

8 days
Days of operational coverage

Defensive Assets

$416.08K
Cash + ST Investments + Receivables

Daily Cash Need

$49.39K
Current Liabilities ÷ 365

Current Liabilities

$18.03 Million
USD

Petros Pharmaceuticals Inc Defensive Interval Ratio (2018–2024)

This chart shows how Petros Pharmaceuticals Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of December 2024, the ratio stands at 8 days, meaning defensive assets of $416.08K can fund 8 days of operations without new revenue. Also explore PTPI net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Petros Pharmaceuticals Inc (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Petros Pharmaceuticals Inc from 2018 to 2024, 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 Petros Pharmaceuticals Inc (PTPI) total market value.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 75048 days $3.71 Billion $49.39K/day $- $3.71 Billion ▲ +74972 days
2023 75 days $2.23 Million $29.51K/day $- $- ▼ -34 days
2022 109 days $2.11 Million $19.36K/day $- $- ▲ +80 days
2021 29 days $2.46 Million $84.88K/day $- $- ▼ -16 days
2020 45 days $5.15 Million $114.78K/day $- $- ▲ +22 days
2019 23 days $2.61 Million $112.61K/day $- $- ▼ -10 days
2018 33 days $3.51 Million $105.59K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)