Sharps Technology Inc (STSS) — Defensive Interval Ratio

Latest as of September 2025: 556 days

Sharps Technology Inc (STSS) has a Defensive Interval Ratio of 556 days as of September 2025. Defensive assets of $16.17 Million (cash $-, short-term investments $14.70 Million, receivables $1.47 Million) cover 556 days of daily cash needs of $29.08K/day.

Defensive Interval Ratio

556 days
Days of operational coverage

Defensive Assets

$16.17 Million
Cash + ST Investments + Receivables

Daily Cash Need

$29.08K
Current Liabilities ÷ 365

Current Liabilities

$10.61 Million
USD

Sharps Technology Inc Defensive Interval Ratio (2007–2024)

This chart shows how Sharps Technology Inc's Defensive Interval Ratio has evolved across 4 annual periods from 2007 to 2024. As of September 2025, the ratio stands at 556 days, meaning defensive assets of $16.17 Million can fund 556 days of operations without new revenue. For the complete balance sheet picture, see Sharps Technology Inc assets under control.

Annual Defensive Interval Ratio for Sharps Technology Inc (2007–2024)

The table below presents the year-by-year Defensive Interval Ratio for Sharps Technology Inc from 2007 to 2024, covering 4 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See how liquid is Sharps Technology Inc's working capital to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 7 days $102.49K $14.21K/day $- $- ▲ +2 days
2023 5 days $47.95K $10.12K/day $- $- ▲ +5 days
2021 0 days $0.00 $7.58K/day $- $- ▼ -145 days
2007 145 days $189.40K $1.31K/day $- $125.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)