Soligenix Inc. (SNGX) — Defensive Interval Ratio

Latest as of March 2024: 7 days

Soligenix Inc. (SNGX) has a Defensive Interval Ratio of 7 days as of March 2024. Defensive assets of $142.28K (cash $-, short-term investments $-, receivables $142.28K) cover 7 days of daily cash needs of $19.76K/day. Check Soligenix Inc. (SNGX) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

7 days
Days of operational coverage

Defensive Assets

$142.28K
Cash + ST Investments + Receivables

Daily Cash Need

$19.76K
Current Liabilities ÷ 365

Current Liabilities

$7.21 Million
USD

Soligenix Inc. Defensive Interval Ratio (1999–2023)

This chart shows how Soligenix Inc.'s Defensive Interval Ratio has evolved across 24 annual periods from 1999 to 2023. As of March 2024, the ratio stands at 7 days, meaning defensive assets of $142.28K can fund 7 days of operations without new revenue. Also explore Soligenix Inc. net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Soligenix Inc. (1999–2023)

The table below presents the year-by-year Defensive Interval Ratio for Soligenix Inc. from 1999 to 2023, covering 24 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 value of Soligenix Inc..

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 12 days $195.15K $16.86K/day $- $- ▲ +7 days
2022 5 days $219.33K $45.25K/day $- $- ▼ -9 days
2021 14 days $242.72K $17.24K/day $- $- ▼ -20 days
2020 34 days $564.87K $16.66K/day $- $- ▼ -51 days
2019 85 days $1.46 Million $17.29K/day $- $- ▼ -20 days
2018 104 days $1.20 Million $11.54K/day $- $- ▼ -48 days
2017 152 days $1.34 Million $8.85K/day $- $0.00 ▼ -2 days
2016 153 days $1.21 Million $7.86K/day $- $0.00 ▲ +56 days
2015 98 days $1.99 Million $20.29K/day $- $0.00 ▲ +57 days
2014 41 days $794.77K $19.47K/day $- $0.00 ▼ -18 days
2013 59 days $1.62 Million $27.49K/day $- $0.00 ▼ -48 days
2012 107 days $339.31K $3.16K/day $- $0.00 ▼ -131 days
2011 239 days $936.63K $3.92K/day $- $0.00 ▲ +167 days
2010 71 days $372.65K $5.23K/day $- $- ▲ +64 days
2009 7 days $23.63K $3.32K/day $- $- ▼ -66 days
2008 73 days $278.32K $3.80K/day $- $- ▲ +43 days
2007 30 days $97.84K $3.27K/day $- $- ▲ +17 days
2006 13 days $89.93K $6.89K/day $- $- ▼ -99 days
2005 112 days $564.33K $5.05K/day $- $- ▼ -18 days
2004 130 days $742.99K $5.71K/day $- $- ▲ +123 days
2003 8 days $20.95K $2.76K/day $- $- ▲ +3 days
2001 5 days $44.45K $8.96K/day $- $- ▼ -247 days
2000 252 days $2.01 Million $8.00K/day $- $2.01 Million ▼ -495 days
1999 747 days $3.55 Million $4.75K/day $- $3.55 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)