Sage Therapeutics Inc (SAGE) — Defensive Interval Ratio

Latest as of June 2025: 2654 days

Sage Therapeutics Inc (SAGE) has a Defensive Interval Ratio of 2654 days as of June 2025. Defensive assets of $324.66 Million (cash $-, short-term investments $298.08 Million, receivables $26.57 Million) cover 2654 days of daily cash needs of $122.31K/day. Check tangible equity quality of Sage Therapeutics Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2654 days
Days of operational coverage

Defensive Assets

$324.66 Million
Cash + ST Investments + Receivables

Daily Cash Need

$122.31K
Current Liabilities ÷ 365

Current Liabilities

$44.64 Million
USD

Sage Therapeutics Inc Defensive Interval Ratio (2014–2024)

This chart shows how Sage Therapeutics Inc's Defensive Interval Ratio has evolved across 11 annual periods from 2014 to 2024. As of June 2025, the ratio stands at 2654 days, meaning defensive assets of $324.66 Million can fund 2654 days of operations without new revenue. Also explore Sage Therapeutics Inc (SAGE) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sage Therapeutics Inc (2014–2024)

The table below presents the year-by-year Defensive Interval Ratio for Sage Therapeutics Inc from 2014 to 2024, covering 11 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 SAGE market cap overview.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 2204 days $432.53 Million $196.21K/day $- $423.40 Million ▼ -1171 days
2023 3375 days $765.20 Million $226.70K/day $- $682.19 Million ▼ -756 days
2022 4131 days $1.12 Billion $271.94K/day $- $1.11 Billion ▼ -2152 days
2021 6283 days $1.47 Billion $233.41K/day $- $1.45 Billion ▲ +3902 days
2020 2381 days $438.47 Million $184.12K/day $- $438.47 Million ▼ -489 days
2019 2870 days $881.69 Million $307.20K/day $- $881.69 Million ▼ -235 days
2018 3105 days $731.83 Million $235.70K/day $- $731.83 Million ▲ +1611 days
2017 1494 days $212.61 Million $142.33K/day $- $212.61 Million ▼ -882 days
2016 2376 days $228.96 Million $96.35K/day $- $228.96 Million ▲ +2376 days
2015 0 days $0.00 $41.94K/day $- $0.00 ▲ +0 days
2014 0 days $0.00 $21.25K/day $- $0.00
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)