ARS Pharmaceuticals, Inc (SPRY) — Defensive Interval Ratio

Latest as of December 2025: 2135 days

ARS Pharmaceuticals, Inc (SPRY) has a Defensive Interval Ratio of 2135 days as of December 2025. Defensive assets of $229.02 Million (cash $-, short-term investments $203.67 Million, receivables $25.35 Million) cover 2135 days of daily cash needs of $107.25K/day. Check how tangible is ARS Pharmaceuticals, Inc's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2135 days
Days of operational coverage

Defensive Assets

$229.02 Million
Cash + ST Investments + Receivables

Daily Cash Need

$107.25K
Current Liabilities ÷ 365

Current Liabilities

$39.15 Million
USD

ARS Pharmaceuticals, Inc Defensive Interval Ratio (2020–2025)

This chart shows how ARS Pharmaceuticals, Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 2135 days, meaning defensive assets of $229.02 Million can fund 2135 days of operations without new revenue. Also explore SPRY year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for ARS Pharmaceuticals, Inc (2020–2025)

The table below presents the year-by-year Defensive Interval Ratio for ARS Pharmaceuticals, Inc from 2020 to 2025, covering 6 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 SPRY company net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2025 2135 days $229.02 Million $107.25K/day $- $203.67 Million ▼ -2106 days
2024 4241 days $272.37 Million $64.22K/day $- $263.20 Million ▼ -19906 days
2023 24148 days $158.18 Million $6.55K/day $- $157.39 Million ▲ +19798 days
2022 4349 days $64.87 Million $14.92K/day $- $63.86 Million ▲ +4349 days
2021 0 days $1.00K $22.43K/day $- $0.00 ▼ -17 days
2020 17 days $384.00K $22.49K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)