Sellas Life Sciences Group Inc (SLS) — Defensive Interval Ratio

Latest as of September 2024: 3 days

Sellas Life Sciences Group Inc (SLS) has a Defensive Interval Ratio of 3 days as of September 2024. Defensive assets of $100.00K (cash $-, short-term investments $100.00K, receivables $-) cover 3 days of daily cash needs of $29.08K/day. Check how tangible is Sellas Life Sciences Group Inc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

$100.00K
Cash + ST Investments + Receivables

Daily Cash Need

$29.08K
Current Liabilities ÷ 365

Current Liabilities

$10.61 Million
USD

Sellas Life Sciences Group Inc Defensive Interval Ratio (2007–2023)

This chart shows how Sellas Life Sciences Group Inc's Defensive Interval Ratio has evolved across 10 annual periods from 2007 to 2023. As of September 2024, the ratio stands at 3 days, meaning defensive assets of $100.00K can fund 3 days of operations without new revenue. Also explore net asset momentum of Sellas Life Sciences Group Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Sellas Life Sciences Group Inc (2007–2023)

The table below presents the year-by-year Defensive Interval Ratio for Sellas Life Sciences Group Inc from 2007 to 2023, covering 10 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 how much is Sellas Life Sciences Group Inc worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 3 days $100.00K $37.63K/day $- $100.00K ▼ -31 days
2020 33 days $1.13 Million $33.80K/day $- $- ▲ +12 days
2019 21 days $308.00K $14.49K/day $- $- ▲ +21 days
2017 0 days $0.00 $67.31K/day $- $0.00 ▲ +0 days
2016 0 days $0.00 $83.28K/day $- $0.00 ▼ -139 days
2015 139 days $21.70 Million $156.36K/day $- $0.00 ▲ +114 days
2014 25 days $1.84 Million $74.61K/day $- $0.00 ▲ +3 days
2013 22 days $3.68 Million $171.09K/day $- $- ▼ -40 days
2012 61 days $2.68 Million $43.61K/day $- $2.68 Million ▼ -2682 days
2007 2744 days $9.95 Million $3.63K/day $- $9.95 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)